Energy demand modeling for Uzbekistan

• Authors: Bobur Khodjaev
• Languages of publication: EN

Abstracts

EN

The paper is devoted to energy demand forecasting in Uzbekistan. Studies show that in spite of the abundant reserves of hydrocarbons, low energy efficiency can have an adverse impact on energy security in Uzbekistan in the future. Oil and gas are the main primary energy source and they ensure energy security of Uzbekistan. Energy demand forecasting is essential in order to develop an effective energy policy. Such forecast can be useful to plan oil and gas production volumes, to identify priorities for the industrial modernization and to create favorable conditions for sustainable economic development in the future. Author proposes model based on translog function for developing medium-and long-term development programs in energy sector and the modernization and technological re-equipment of industry.

Keywords

EN

energy; model; demand; forecast; security; Uzbekistan

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Prague Development Center, Czech Republic
• Journal: Perspectives of Innovations, Economics and Business
• Year: 2012
• Volume: 11
• Issue: 2
• Pages: 94-99

Dates

published

2012-05-10

Contributors

author

Bobur Khodjaev

• Faculty of Economics, Mirzo Ulugbek National University, Uzbekistan

• Prague Development Center, Czech Republic

References

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Identifiers

DOI

http://dx.doi.org/10.15208/pieb.2012.09