Diversification of Energy Sources in the Republic of Tajikistan and their Financing

Abstract

This article describes the energy potential of the Republic of Tajikistan and possibilities of its use for a sustainable development of neighbouring countries in the Central Asian region. Underproduction of electric power with hydroelectric power stations (HPP) due to idle water flow in summertime leads to economic losses for electric power companies in Tajikistan and the whole Central Asian region. These economic losses are quantitatively estimated, based on researches of efficient use of the hydro power potential in Tajikistan. As a result, a diversification of the country’s energy sources is necessary as well as the formation of a regional hydro power energy market. Thus, the national power companies would get increased capabilities to repay their foreign loans.