(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 3. Azerbaijan will
manage to boost electricity and gas exports through offshore wind
energy, Senior Energy Specialist at the World Bank (WB) Yasemin
Orucu said at the 27th Baku Energy Forum on June 3, Trend reports.
'The development of offshore wind power provides an opportunity
for Azerbaijan to increase its electricity and gas exports by
reducing energy consumption in households,' she said.
Moreover, this will allow the country to shift a significant
part of its existing oil and gas workforce to clean energy and
retain long-term skilled jobs.
'While the first offshore wind projects in Azerbaijan are likely
to have a higher energy cost, the cost gap could gradually be
narrowed through ambitious targets and market competition,' added
the senior energy specialist.
Speaking of the development potential of offshore wind energy in
Azerbaijan, she noted that up to 35 GW could be generated in
shallow water, while 122 GW – in deep water.
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