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Keywords

liberalization, electricity, unbundling, privatization, electricity generator, transmission network, distribution network, wholesale market, retail market.

Abstract

On the liberalization of electricity trade, all countries that have embarked on the path of reforms have faced significant difficulties, since the electricity market is fundamentally different from the market for other goods. The peculiarities of electricity as a commodity, the level of development of the country's economy, various forms of ownership in the electricity industry, the political system of the country, the interests of individual production organizations (companies) leave their imprint on the model of the electricity market. The author expresses the problems of liberalization and competition policy, a market organization in the energy sector, and transition to the energy market in Uzbekistan. Of course, this problem requires a comprehensive study and analysis, so that the legal regulation in line with today’s needs and enhance the effectiveness of reform of the electric power industry.

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