Competition in The Energy Sector of Uzbekistan, Using Foreign Experience to Create A Free Energy Market

Today energy resources are one of the basic issues for any country. Energy provides opportunities for the development of the economy, comfortable living for people, and creates conditions for the normal functioning of education, medical care, social security, public services.

In this regard, the most significant issue for the development of modern Uzbekistan is the economic stability of the country, which largely depends on the achievement of energy security.

A strong energy policy provides the basis for increasing the competitiveness of the national economy. However, it is no longer possible to maintain a huge energy infrastructure in normal working order, to increase the production of energy resources without transferring the sphere to the rails of a market economy. Energy security can only be achieved when the most modern achievements are used in the construction and operation of power plants, electrical networks, gas pipelines, and other elements of the energy infrastructure.

The development of the energy sector based on the laws of the market creates conditions for competition, which makes it possible to attract investors to the implementation of projects. These investors have modern technologies and experience which will be introduced into the energy sector of Uzbekistan.

This research examines the introduction of competition into the energy sector of Uzbekistan, taking into account the international practice of developed countries. In turn, the ongoing reforms should attract both local and foreign investments to the energy sector, as well as stimulate the development of a competitive environment by ensuring equal access to energy resources.