Turkmenistan is planning to set up a company called Üznüksiz çeşme, which will specialise in the production of equipment for storing and accumulating electricity (UPS).
Local TV station Altyn Asyr reports that Deputy Prime Minister Baimyrat Annamammedov made the announcement at a government meeting. The project is aimed at "supporting the domestic economy and the production of import-substituting products".
The new company, in which Aşgabatenergo and local firm Üznüksiz hyzmat have a stake, will "contribute to the industrialisation of the country, reduce the amount of imported equipment and create jobs".
Experts told Daryo that much of the power generated in this way will come from traditional fossil resources, providing both reliability and the necessary manoeuvrability.
"Such storage facilities make it possible to create an energy reserve without excessive operation of generating capacities, optimise the operating mode of power plants and ensure the smooth passage of night minimum and day maximum loads."
Electricity in Turkmenistan is generated from natural gas. The country's Ministry of Energy previously reported that the country's total electricity production will reach 37.5bn kilowatt-hours in 2028, up from 28.4bn in 2021.
Turkmenistan sells electricity to Afghanistan, Iran, Uzbekistan and Kyrgyzstan (via Uzbekistan). Ashgabat is also interested in markets in the Caucasus (via Iran) and South Asia (via Afghanistan).
This sector of Turkmenistan's economy is being supported by the Asian Development Bank (ADB), which has provided $500mn for the construction of transmission lines across the country. The project is due to be completed this year.
Eziz Boyarov
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