Azerbaijan Reveals Its Potential Capacity For Green Energy Production (UPDATE)
Date
3/18/2023 10:03:23 AM
(MENAFN- Trend News Agency) Details added: first version posted on March 17, 10:41
BAKU, Azerbaijan, March 17. The green energy
production potential in Azerbaijan is about 200 GW, Director of the
Azerbaijan renewable energy Agency (AREA) under the Ministry of
Energy Javid Abdullayev said during the seminar themed 'Green
Hydrogen - Path to Decarbonization', trend reports.
Abdullayev noted that Azerbaijan intends to increase the share
of renewable energy in electricity generation to 30 percent by
2030.
'The agreement signed last December between Azerbaijan, Georgia,
Hungary, and Romania will allow supplying up to four gigawatts of
green energy to Europe,' he said.
On December 17, 2022, Azerbaijan, Georgia, Hungary and Romania
signed an agreement on the construction of an electric cable from
the Black Sea coast of Georgia to the Black Sea coast of
Romania.
The seminar themed 'Green Hydrogen - Path to Decarbonization'
has been held through the support of AREA and Japan International
Cooperation Organization (JICA).
During the seminar, issues such as energy transition scenarios
for Azerbaijan, the potential for producing green hydrogen for
domestic use and export, as well as the investment climate in the
relevant area were discussed.
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