USAID launches project to strengthen energy cooperation in Central Asia
The United States Agency for International Development (USAID) announced the launch of a new five-year regional energy project “Power Central Asia” worth almost US$40 million. The initiative’s main goal is to assist the five Central Asian countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan to meet their national energy priorities, reap economic benefits from cross-border energy trading and improve energy security through regional cooperation.
The organizers informed that the program will help national governments, utilities and other stakeholders to develop domestic energy market reforms, strengthen the regional electricity market and promote greater adoption of clean energy technologies from conventional and renewable sources. In addition, one of the objectives of the program is to help Central Asia balance hydropower generation needs with other water management priorities. The project developers also promise to focus on the security of confidential data.
Over the past decade, the USAID has played an important role in laying the foundation for an economically viable market-based regional energy system in Central Asian countries. For example, the agency worked on strengthening the legal framework for the development of renewable energy sources and improving energy efficiency.