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Regional Economics: Theory and Practice
 

The need for the development of cogeneration industry in the regions of the Kyrgyz Republic

Vol. 14, Iss. 12, DECEMBER 2016

PDF  Article PDF Version

Received: 15 April 2016

Received in revised form: 19 May 2016

Accepted: 16 June 2016

Available online: 21 December 2016

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: Q40, Q43, Q47, Q48

Pages: 38-45

Ayupov A.N. Kyrgyz-Russian Slavic University named after the First President of Russia B.N. Yeltsin, Bishkek, Kyrgyz Republic
economreg@mail.ru

Importance The article searches the ways of use of sources with high potential of electricity and heat in the Kyrgyz Republic to reduce the risk of threats to the energy security of the country.
Objectives The paper aims to identify the possible ways out of the crisis in the energy sector of the Republic and ways to turn the region of depressive type to a pioneer one.
Methods For the study, I used a general scientific dialectical method of cognition and integrated application of methods of economic analysis, synthesis and generalization.
Results The study results in the identification of strengths and weaknesses of the project to make the depressed region an advanced one.
Conclusions I conclude on the necessity to establish, in the shortest possible time, The Target Comprehensive Program on Development of Thermal Power Plants in the Kyrgyz Republic up to 2025, on the basis of the absolute benefits of the Naryn oblast and using the principles of multiplier effect, further spread the program to other parts of the Kyrgyz Republic.

Keywords: investment, energy balance, target comprehensive program, SWOT analysis, multiplication

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