Ayya Lmahamad read more
Transitioning to clean energy is vital for combating climate
change and reducing its devastating effects. In this regard,
renewable energies become an inalienable part. Renewable energies
received important backing from the international community through
the Paris Climate Agreement of 2015. Nowadays more and more
countries in the world are making efforts to transit their
economies into renewable energy.
Azerbaijan's gas supplies to Europe
At present, Azerbaijan plays a significant role in diversifying
Europe's gas supplies. With the completion of the Trans-Adriatic
Pipeline (TAP), Azerbaijan started commercial gas supplies to
Europe via the Southern Gas Corridor. In 2021, Azerbaijan's export
of natural gas to Europe amounted to 8.2 billion cubic meters, and
this year already 10.3 billion cubic meters. In addition to this,
in July 2022, Azerbaijan and the European Union signed a memorandum
of understanding on strategic partnership in the energy sector.
Moreover, on December 16, Azerbaijan's State Oil Company (SOCAR)
and Romgaz signed a contract for gas supply from Azerbaijan to
Romania starting from January 1, 2023.
“So, Azerbaijan is expanding the geography of its gas supplies
to the European market. This is a win-win situation. Europe needs
to strengthen its energy security. Azerbaijan needs a reliable
market for its huge energy resources,” Ilham Aliyev said.
However, now, Azerbaijan, like many other countries in the world
is on the path to a green energy future.
In this regard, on December 17, an agreement on a strategic
partnership in the field of green energy development and
transmission between the government of Azerbaijan, Georgia,
Romania, and Hungary was signed in Bucharest.
“The implementation of the agreement on strategic partnership in
the field of green energy development and transmission will be our
common contribution to Europe's energy security. This agreement is
an important step in the creation of a green energy corridor,” the
New energy bridge to Europe
As President Ilham Aliyev said,“today, we start to build
another energy bridge from Azerbaijan to Europe”.
Azerbaijan, with its renewable energy potential of more than
27GW in wind and solar power onshore and 157 GW of wind power in
its Caspian Sea sector, is planning to become an important supplier
of electric energy to Europe, mainly green energy.
Together, with one of the country's strategic investors,
Azerbaijan plans to implement 3GW of wind and 1GW of solar power by
2027, 80 percent of which will be exported. Moreover, by 2037, it
is planned to create an additional capacity of at least 6GW.
“Thus, only one global energy company is planning to invest in
the creation of 10GW of green energy in Azerbaijan. Two days ago,
Azerbaijan's Energy Ministry signed a framework agreement with
another global energy company. This company is planning to invest
in the creation of up to 12GW of wind and solar energy in
Azerbaijan. So, at least 3GW of additional transmission capacity
should be created for the first phase of Azerbaijani export,” the
The president underlined that in order to achieve the goals set,
Azerbaijan, Georgia, Hungary, and Romania should work as one team,
and in close cooperation and coordination with the European
The transition to clean and green energy will have very positive
economic consequences on the global economy.
Ayya Lmahamad is AzerNews' staff journalist, follow her on
Follow us on Twitter
Tags: azerbaijan georgia gas hungary romania export europe green energy