SANOAT KORXONALARIDA QUYOSH ENERGETIKASI LOYIHALARINING INVESTITSION SAMARADORLIGINI BAHOLASH METODIKASINI TAKOMILLASHTIRISH

Tashkilot
Alfraganus Universiteti image/svg+xml
Marketing jurnali — 2026-yil sentabr, 9-son

Annotatsiya

Maqolada sanoat korxonalarida quyosh energetikasi loyihalarining investitsion samaradorligini baholash metodikasini takomillashtirish masalalari oʻrganildi. Muallif sof joriy qiymat, ichki daromad meʼyori, diskontlangan qoplanish muddati, elektr energiyasining keltirilgan qiymati va real optsionlar nazariyasini umumlashtirib, panellar degradatsiyasi, tarif indeksatsiyasi, riskka tuzatilgan diskont stavkasi va davlat ragʻbatlarini yagona hisob tizimiga birlashtirdi. Tom ustiga oʻrnatiladigan 1 MVt quvvatli shartli stansiya uchun Oʻzbekistonning rasmiy tarif, valyuta kursi va xalqaro xarajat koʻrsatkichlari asosida model hisob-kitobi bajarildi. Takomillashtirilgan metodikada sof joriy qiymat 5 828 mln soʻmni, ichki daromad meʼyori 22,6 foizni, diskontlangan qoplanish muddati 8,3 yilni tashkil etishi aniqlandi. Tarif indeksatsiyasisiz ssenariyda ham ichki daromad meʼyori 17,0 foiz darajasida saqlandi. Zararsizlik tarifi 680 soʻm/kVt·soat ekani loyihaning barqarorlik zaxirasini koʻrsatdi. Tarif va kapital xarajatlar boʻyicha sezgirlik tahlili hamda vertikal qaror qabul qilish modeli asosida amaliy takliflar ishlab chiqildi.

Kalit so'zlar

quyosh energetikasi, sanoat korxonasi, investitsion samaradorlik, sof joriy qiymat, elektr energiyasining keltirilgan qiymati, real optsionlar, sezgirlik tahlili, elektr energiyasi tarifi


Foydalanilgan adabiyotlar

  1. Branker, K., Pathak, M. J. M., & Pearce, J. M. (2011). A review of solar photovoltaic levelized cost of electricity. Renewable and Sustainable Energy Reviews, 15(9), 4470-4482. https://doi.org/10.1016/j.rser.2011.07.104
  2. Central Bank of the Republic of Uzbekistan. (2025). Monetary policy guidelines for 2026-2028. Tashkent. https://cbu.uz/upload/iblock/68c/mz65rdz0nfo8kh6mw3cozgg0cj6zej11/Monetary-Policy-Guidelines-for-2026_2028_EN.pdf
  3. Central Bank of the Republic of Uzbekistan. (2026). Official exchange rates of foreign currencies against the soum (30 September 2026). https://cbu.uz/en/arkhiv-kursov-valyut/
  4. Dixit, A. K., & Pindyck, R. S. (1994). Investment under uncertainty. Princeton University Press. https://doi.org/10.1515/9781400830176
  5. Graham, J. R., & Harvey, C. R. (2001). The theory and practice of corporate finance: Evidence from the field. Journal of Financial Economics, 60(2-3), 187-243. https://doi.org/10.1016/S0304-405X(01)00044-7
  6. IEA. (2022). Solar energy policy in Uzbekistan: A roadmap. International Energy Agency. https://www.iea.org/reports/solar-energy-policy-in-uzbekistan-a-roadmap/context-of-renewable-energy-in-uzbekistan
  7. Interfax. (2026, May 15). Uzbekistan to raise electricity, gas tariffs for businesses and households from June. https://interfax.com/newsroom/top-stories/117593/
  8. IRENA. (2025). Renewable power generation costs in 2024. International Renewable Energy Agency. https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2025/Jul/IRENA_TEC_RPGC_in_2024_Summary_2025.pdf
  9. IRENA. (2026). Renewable power generation costs in 2025. Annex I: Cost metric methodology. International Renewable Energy Agency. https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2026/Jul/IRENA_TEC_RPGC_in_2025_Annex_2026.pdf
  10. Jordan, D. C., & Kurtz, S. R. (2013). Photovoltaic degradation rates -an analytical review. Progress in Photovoltaics: Research and Applications, 21(1), 12-29. https://doi.org/10.1002/pip.2171
  11. Kun.uz. (2026, September 16). Central Bank of Uzbekistan keeps rate at 14%. https://kun.uz/en/news/2026/09/16/central-bank-of-uzbekistan-keeps-rate-at-14
  12. Lang, T., Ammann, D., & Girod, B. (2016). Profitability in absence of subsidies: A techno-economic analysis of rooftop photovoltaic self-consumption in residential and commercial buildings. Renewable Energy, 87, 77-87. https://doi.org/10.1016/j.renene.2015.09.059
  13. Luthander, R., Widén, J., Nilsson, D., & Palm, J. (2015). Photovoltaic self- consumption in buildings: A review. Applied Energy, 142, 80-94. https://doi.org/10.1016/j.apenergy.2014.12.028
  14. Martínez-Ceseña, E. A., Mutale, J., & Rivas-Dávalos, F. (2013). Real options theory applied to electricity generation projects: A review. Renewable and Sustainable Energy Reviews, 19, 573-581. https://doi.org/10.1016/j.rser.2012.11.059
  15. Ministry of Energy of the Republic of Uzbekistan, & Ministry of Investments and Foreign Trade. (2020). Uzbekistan solar round 2: 2 x ~200 MWac. Project teaser. https://minenergy.uz/uploads/ed9ed75d-5374-5117-94c0-e219e7faff02_media_46.pdf
  16. Myers, S. C. (1977). Determinants of corporate borrowing. Journal of Financial Economics, 5(2), 147-175. https://doi.org/10.1016/0304-405X(77)90015-0
  17. Ondraczek, J., Komendantova, N., & Patt, A. (2015). WACC the dog: The effect of financing costs on the levelized cost of solar PV power. Renewable Energy, 75, 888-898. https://doi.org/10.1016/j.renene.2014.10.053
  18. Short, W., Packey, D. J., & Holt, T. (1995). A manual for the economic evaluation of energy efficiency and renewable energy technologies (NREL/TP-462- 5173). National Renewable Energy Laboratory. https://www.nrel.gov/docs/legosti/old/5173.pdf
  19. Spot.uz. (2026, September 27). Uzbekistan to cut daytime electricity tariffs for businesses but raise night-time rates. https://www.spot.uz/en/2026/09/27/energy-tariff-shift
  20. Steffen, B. (2020). Estimating the cost of capital for renewable energy projects. Energy Economics, 88, 104783. https://doi.org/10.1016/j.eneco.2020.104783
  21. Oʻzbekiston Respublikasining 2019-yil 21-maydagi OʻRQ-539-son “Qayta tiklanuvchi energiya manbalaridan foydalanish toʻgʻrisida”gi Qonuni. https://lex.uz/docs/-4346831
  22. Oʻzbekiston Respublikasi Prezidentining 2023-yil 16-fevraldagi PQ-57-son “2023-yilda qayta tiklanuvchi energiya manbalarini va energiya tejovchi texnologiyalarni joriy etishni jadallashtirish chora-tadbirlari toʻgʻrisida”gi Qarori. https://lex.uz/uz/docs/-6385716

Yuklab olishlar

Yuklab olish ma’lumotlari hali mavjud emas.