(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 6. The Czech Republic
expects gas share growth in electricity production, Director of the
Department of Strategy and International Cooperation in energy at
the country's Ministry of industry and Trade Petr Binhack said,
Trend reports.
He made the remark during today's panel discussion themed "Gas
Dialogue: The Role of Gas supply During the Energy Crisis" at the
29th Baku Energy Forum in Azerbaijan.
“Gas currently contributes to nearly five percent of electricity
production in the Czech Republic. It is anticipated that around 10
percent of our electricity will be derived from natural gas by
2035. By incorporating renewable sources, we can make significant
progress towards our ultimate objective of achieving climate
neutrality by 2050,” the official emphasized.
According to Binhack, the landlocked Czech Republic relied on
Russian gas and oil for nearly all of its energy needs until
2022.
“Nevertheless, we have managed to decrease our reliance on
Russia for energy,” he added.
To note, over 600 delegates are participating in the forum,
which began on June 5, representing a diverse range of countries
including Australia, Austria, Belarus, Belgium, Bulgaria, China,
the Czech Republic, Finland, France, Georgia, Hungary, India,
Israel, Italy, Japan, Kazakhstan, Latvia, Monaco, the Netherlands,
Norway, UAE, Qatar, Romania, Russia, Saudi Arabia, Slovenia,
Sweden, Switzerland, Ukraine, the UK, the US, and Uzbekistan. This
year's forum boasts a record number of speakers, totaling 81.
The Forum's agenda will address energy issues of significance
for Azerbaijan and the broader Caspian region, focusing primarily
on considerations and financing related to energy security, energy
transition, and green energy projects.
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