(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 21. Azerbaijan is in
a unique position to introduce renewable energy sources into its
energy mix, Gianluca Sambucini, Secretary of the Group of Experts
on Renewable Energy (GERE), United Nations Economic Commission for
Europe (UNECE), told trend November 21.
'The country's dependence on natural gas for electrification
provides substantial synergies for the proliferation of renewable
energy. In order to improve the landscape, of course, changes need
to be made. It is, though, a good time to proceed with such
changes. International practice is now mature enough to ensure a
viable model without significant risks and to attract foreign
investments. Moreover, international support, including the one
provided by UNECE with the Renewable Energy Hard Talk is available
to have a better understanding solutions and priorities, and to
transform key issues into opportunities,' he said.
Sambucini pointed out that the country has ambitious prospects
for development of renewable energy, despite the impact on the
economy of COVID-19 and the recent energy crisis.
'Overall, Azerbaijan has the goal of increasing the share of
renewable energy in the installed capacity of electricity to 24
percent in 2026 and 30 percent in 2030. Towards these goals, many
projects have been recently implemented. For example, official data
clearly shows that new power plants have been commissioned,
including Megapower projects that are of decisive importance for
the transformation of Azerbaijan's energy system to increase the
renewable energy uptake and become an exporter of this type of
energy,' he added.
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