The Role of Green Energy In The Development of The Regional Economy

This article analyzes the role of green energy in the development of the regional economy. The impact of renewable energy sources on economic stability, job creation, investment attraction, and environmental improvement is examined. The study employs analytical, statistical, and comparative methods. The results indicate that green energy is one of the key factors in regional development, and its effective implementation positively influences economic growth and environmental sustainability. Additionally, the article discusses current challenges in the green energy sector, including technological and financial barriers, as well as legal and institutional factors. Special attention is given to the socio-economic aspects of green energy, including improving population welfare, ensuring energy security, and reducing the carbon footprint. The connection between green energy and Sustainable Development Goals (SDGs) is highlighted, along with its long-term economic impact. Recommendations for the development of green energy are provided, emphasizing the importance of government policies, private sector involvement, and international cooperation.

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Publication Details

Journal
Academicia Globe Inderscience Research
Published
2025-04-12
DOI
https://doi.org/10.47134/academicia.v2i1.17
Primary Topic
Energy, Environment, Economic Growth
Type
article
Field-Weighted Citation Impact
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article

The Role of Green Energy In The Development of The Regional Economy

Jumaniyazov Ugli, Raxmatullayev Ulugbekovich, Yusupov Ugli, Yusubov Ugli
Academicia Globe Inderscience Research
Energy, Environment, Economic Growth
article

The Role of Green Energy In The Development of The Regional Economy

Jumaniyazov Ugli, Raxmatullayev Ulugbekovich, Yusupov Ugli, Yusubov Ugli
article en

Abstract

This article analyzes the role of green energy in the development of the regional economy. The impact of renewable energy sources on economic stability, job creation, investment attraction, and environmental improvement is examined. The study employs analytical, statistical, and comparative methods. The results indicate that green energy is one of the key factors in regional development, and its effective implementation positively influences economic growth and environmental sustainability. Additionally, the article discusses current challenges in the green energy sector, including technological and financial barriers, as well as legal and institutional factors. Special attention is given to the socio-economic aspects of green energy, including improving population welfare, ensuring energy security, and reducing the carbon footprint. The connection between green energy and Sustainable Development Goals (SDGs) is highlighted, along with its long-term economic impact. Recommendations for the development of green energy are provided, emphasizing the importance of government policies, private sector involvement, and international cooperation.

Academicia Globe Inderscience ResearchVol. 2(1)
Tashkent State University of Economics (UZ)
Openalex Percentile: Top 88%
Energy, Environment, Economic Growth
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