Islom karimov nomidagi toshkent davlat texnika universiteti «sanoat iqtisodiyoti va menejmenti: muammo va yechimlar»




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Donaev Sardor Burkhanovich 
DSc. Vice rector for Science and Innovation 
of TSTU named after Islam Karimov
IMPROVING INNOVATION AND INVESTMENT ACTIVITIES OF ENERGY INDUSTRY 
ENTERPRISES BASED ON THE DEVELOPMENT OF ALTERNATIVE ENERGY 
Like many countries in the world, the issues of compliance with measures for decarbonization 
of the economy and the transition to a green economy are also relevant for our republic. To do this, 
it is necessary to reduce the level of carbon footprint, which in turn requires compliance with certain 
restrictions regarding equipment or technologies used in the production of goods and services by 
enterprises in all sectors of the economy. It is also worth noting the relevance of data leakage issues, 
which, as a result of the dynamic growth in the development of digital technologies and digitalization 
in general, put the topic of cybersecurity on the agenda. 
The most important role in the process of introducing innovations into the energy industry is 
played by state policy. Despite the development of the legislative framework, the implementation of 


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innovations in the energy industry still needs improvement. Some concepts of modern energy used 
in the process of introducing new technologies are not explained in legislation. And there are still 
some gaps in the rules for conducting business relations for the purchase and sale of electricity. 
The old view of enterprises on the electricity storage system becomes a kind of barrier, 
hindering the development of technology and requiring compliance of all parameters of generating 
equipment. Fulfilling these requirements when integrating innovations in the electricity market is 
practically impossible, and the requirements themselves are not justified in the context of modern 
trends. 
On the way to building a target digital energy model, introducing the concept of “electricity 
storage system” into the industry will be able to consolidate the special properties of the element and 
subject of the system, combat obstacles to the formation of a strategic energy model with the latest 
digital technologies, and develop distributed generation with the help of properly implemented 
technological combinations. 
The technological basis for attracting and implementing intelligent innovations in the 
processes of electricity generation, its transmission and distribution between consumers in the 
Republic of Uzbekistan, within the framework of global energy trends, is electricity generation based 
on alternative sources. But at the same time, it is impossible to completely abandon traditional sources 
of electricity. Nevertheless, we are still in a period of energy transition of the whole world to 
renewable energy sources, when it is still necessary to use traditional energy sources, only with the 
maximum preference for using modern energy-efficient equipment with innovative solutions to 
technological problems. 
In order to develop the national production of auxiliary and high-tech equipment for 
generating electricity, it is advisable to attract high-tech and innovative technologies to the energy 
industry. The development of digital technologies has a decisive role in this process. 
Strategically important areas for the development of enterprises that are participants in the 
energy market are: 
-projects for the production and sale of electricity from renewable energy sources, carrying 
out this activity on the basis of the country’s legislative framework; 
- development of the national market for the production of high-tech equipment for generating 
energy from renewable energy sources, in particular solar panels, and entry into foreign markets with 
competitive products; 
-formation and implementation of measures to improve the industry infrastructure, 
introduction of advanced technologies, cooperation with foreign markets and preservation of the 
ecosystem; 
Based on all of the above, the following directions can be determined to achieve certain goals 
in the generation and distribution of electricity: 
- development of measures for issuing permits for the simultaneous conduct of activities for 
the generation, transmission and purchase and sale of electricity, not exceeding a capacity of up to 25 
MW. Taking into account the current capabilities of the market and its participants to give permission 
for the generation of electricity not only from alternative energy sources, but also from traditional 
energy sources, subject to the use of modern microgeneration technologies in the production process; 
- providing electricity producers based on renewable energy sources with the opportunity to 
pay the cost of technological connection for 10 years on the installment principle. In some ways, these 
mini power plants can serve as an analogue of nuclear and hydroelectric power plants; 
These changes or any other new trends, of course, require some important changes in the 
country's legislation, which can serve as the foundation for the development of renewable energy 
sources and encourage its use by private individuals, which in turn will reduce losses of electricity 
during transmission. All these measures can solve the problem of providing electricity to the 
population living in remote areas without loss of electricity during transmission and expenses of 
financial resources that enterprises are forced to make to maintain power lines in the required 
condition during operation. 


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These changes can become the basis for the development of renewable energy sources in the 
domestic market and create the necessary ground for the implementation of peer-to-peer trading at all 
levels, which in turn will begin the formation of a modern decentralized national energy industry 
infrastructure. Under these conditions, the pace of development of production of new technologies or 
equipment by domestic manufacturers will improve and the demand for these goods will increase. 
The choice between traditional and new technologies will create a healthy atmosphere of competition, 
providing the opportunity to evaluate the parameters of energy-saving technologies and select the 
best options for energy supply to consumers. 
Based on the results of the study, one can also note the role of highly qualified personnel in 
the development of enterprises. Human resources potential here is seen as the ability of workers in 
the intellectual and creative sphere, when they can adapt to the pace of industry change and master 
new technologies, as well as work to improve existing ones. In order to achieve the best results in this 
matter, of course, it is necessary to periodically improve the qualifications of personnel by involving 
them in the necessary training programs that can provide new knowledge on the digitalization of the 
electric power industry. 
Consistent work to overcome the above barriers can provide the enterprise with good 
conditions for the introduction of new technological solutions or any other innovations and will 
increase their implementation efficiency. 
In the energy industry, the creation of new business models and increasing the interest of 
enterprises in customer preferences are essential factors in the development of innovation. This 
ensures that enterprises make the right choice of strategic development path taking into account new 
trends in global energy. 
When choosing a strategy for the digitalization of production, energy enterprises pay most 
attention to such economic indicators as: the projected amount of profit from the implementation of 
investment projects, an increase in the efficiency of the enterprise, the expected risks from the 
introduction of innovations in the production process or sales of products, changes in the enterprise 
infrastructure. In addition, enterprises need to take into account the goals of the Paris Agreement, as 
well as global trends in combating climate pollution and the trend of greening or decarbonization of 
the economy to meet the modern requirements of the energy market. 
In connection with the current conditions, when the whole world is struggling to green the 
economy to improve the climatic conditions of the entire globe, which in turn has an impact on all 
spheres of human activity, enterprises must comply with such modern trends and requirements of 
global energy as decarbonization (through the transition to RES), digitalization (to increase 
production efficiency) and decentralization (to provide electricity to settlements in distant regions). 
In this regard, the figure 1. shows the main groups of interrelated tools for introducing 
innovation, divided into three groups: 

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Islom karimov nomidagi toshkent davlat texnika universiteti «sanoat iqtisodiyoti va menejmenti: muammo va yechimlar»

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