According to a forecast by Boston Consulting Group, Uzbekistan’s electricity consumption is expected to nearly double by 2035, rising from 68 to 123 bn kWh. This was announced by Igor Alekseev, Managing Director at BCG, during the «Investor Day» event, as reported by Kursiv Uzbekistan.
The primary drivers of this growth will be the industrial sector, residential consumption, transport and digital infrastructure. Industrial enterprises are projected to increase their electricity usage from 27 to 56 bn kWh. Household consumption will grow from 19 to 28 bn kWh, while the transition to electric heating will contribute an additional 10 bn kWh...