(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 27. As Azerbaijan
pursues a new private-sector-led growth model, developing offshore
wind generation will help improve competition in the power sector,
strengthening essential infrastructure and tackling climate change,
Sean Whittaker, principal industry specialist at the International
Finance Corporation (IFC), told .
'The offshore wind roadmap for Azerbaijan charts two potential
pathways in the context of its future electricity needs - a
low-growth and a high-growth scenario. The first will only see
offshore wind supplying 7 percent of Azerbaijan's electricity needs
by 2040 - not enough to decarbonize its energy system. A
high-growth scenario, though, will supply 37 percent of national
demand and see offshore wind play a key role in Azerbaijan's
decarbonization targets,' he said.
The new roadmap sets out a range of recommendations. These
include setting targets for 2030 and 2036, developing and
competitively bidding a 200-megawatt demonstration project followed
by larger projects, further exploring potential offshore wind
development zones, modernizing infrastructure, adopting
international best practices to attract financing, and educating
all government agencies and future workforce to build the knowledge
and capacity needed to deliver a pipeline of offshore wind
projects.
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