Abstract:The revitalization of the Rogun hydropower station project and launch of an Initial Public Offering has led the water-energy disputes between Tajikistan and Uzbekistan to a new stage. While two riparian states advocate their positions from their own perspective, it gives the impression of being a "prisoners' dilemma" case from a regional cooperation point. This paper aims to review the decision of project revitalization from the unconventional security perspective, focusing mainly on its impact on Tajikistan. The scope will be limited to economic, energy, social and political security. The paper attempts to reveal the existing unconventional security threats and suggest possible solutions for the arising problems.

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Modern life is convincing us that renewable energy technologies, policies, strategies should be disseminated all over the world to provide sustainable development. As an instrument, feed-in tariffs of renewable energy should be designed considering public finance opportunities, buying power of consumers in order to tackle administrative barriers as an optimization strategy. The authors used the comparison, data analysis and logical access methods. The paper provides evidence from leading countries in the industry, explores ongoing challenges in the application of feed-in tariff policies, analyses the optimal methodologies to give recommendations to stakeholders.

Price or income elasticity of demand is the percentage change in electricity demand resulting from a one-percent change in its price or income. Information on price and income elasticity of demand for electricity is crucial for formulating appropriate reform policies. In Central Asian economies with a less-developed industrial sector, the share of residential electricity consumption is relatively high. Residential electricity consumers are known to be more flexible with respect to price-and income-related changes and to adapt to these changes relatively fast. Knowledge about price and income elasticity of electricity demand is crucial for implementing, for instance, tariff reforms. The aim of this study is to estimate the short-term price and income elasticity of residential electricity demand using panel data based on time series of 6 years for the 12 districts of the Khorezm region, Uzbekistan, under the condition of data limitations. Using a unique dataset, the study attempts to identify the best proxy for the unobservable income variable. As for the price of electricity, nominal and real electricity prices tended to be growing between 2002-2007 from 7.0 Uzbek Soums (UZS) to 42.3 UZS (nominal), and 7.0 to 33.5 UZS (real), respectively, while the US$ equivalent of the nominal price decreased from 6.23 US cents in 2002 to 3.35 US cents in 2007. Residential electricity demand is relatively price inelastic (between 0 and −1) in the short run. The study further tests the validity of indicators such as industrialization and growth in residential area as alternative measures of economic development that