BAKU, Azerbaijan, March 28. Azerbaijan goes
to make use of huge potential of inexperienced vitality to ship to Europe,
Azerbaijan’s vitality minister Parviz Shahbazov, stated, addressing the
ninth Berlin Energy Transition Dialogue, Trend stories.
He recalled that Azerbaijan, Georgia, Romania, Hungary signed in
December final 12 months in Bucharest an settlement on the manufacturing and
transmission of inexperienced vitality.
“So, we’re going to use the huge potential of inexperienced vitality.
First of all, we have now 15 gigawatts of found offshore wind
potential within the Caspian Sea to ship it to the European Union in
type of electrical energy via excessive voltage strains and in a type of
inexperienced gases like hydrogen, ammonia and so forth. And 4 nations,
along with the European Commission, and personal firms are
working collectively,” stated Shahbazov.
The minister identified that Azerbaijan’s technique has been not
utilizing the state funds assets to develop the renewable supply of
vitality within the nation, however appeal to the international non-public
firms.
“And we may do this. In the latest 4 years, we developed
a number of new laws acts. And now via doing that, we
created conducive circumstances for the non-public traders. And as a
results of that, inside the final two years, we have now signed the
implementation agreements with a number of firms for your entire
quantity of 25 gigawatts of renewable sources,” he added.