BAKU, Azerbaijan, March 4. The first seminar on
the discussion of the feasibility study (FS) for the first
development stage of the Central Asia-Azerbaijan Green Energy
Corridor project has been held in Baku, Trend reports via the
Energy Ministry of Azerbaijan.
The event was organized with the participation of high-level
government representatives from Azerbaijan, Kazakhstan, and
Uzbekistan, transmission system operators, regulatory agencies, the
Asian Development Bank (ADB), the Asian Infrastructure and
Investment Bank (AIIB), and other stakeholders.
Deputy Minister of Energy of Azerbaijan, Orkhan Zeynalov,
assessed the project as a promising initiative, stating that the
corridor will connect the Caspian and Black Sea regions and ensure
the transmission of clean, renewable energy from Central Asia to
European markets. He also noted that, along with the countries
officially joining the project, other regional parties have shown
serious interest in participating in the initiative.
Stressing that his country has significant energy potential,
Deputy Minister of Energy of Kazakhstan Sanjar Zharkeshov stated
that Kazakhstan aims to increase its total energy production
capacity to 26 GW by 2030, of which 30-35% will come from renewable
energy sources. He emphasized that Kazakhstan has rich energy
resources and intends to export clean energy to European markets
through this corridor.
Deputy Chairman of the Board of Directors of the National
Electric Network of Uzbekistan, Feruz Kurbonov, also expressed
great interest in the project and assessed it as a highly promising
initiative. He pointed out that Uzbekistan is investing heavily in
important energy infrastructure within the country and aims to have
additional electricity capacity to connect to the regional network
and export to Europe by 2030.
Sunniya Durani Jamal, Director of ADB for Azerbaijan, said that
the project will support strengthening connections in the region.
CESI S.p.A. made the first presentation of the project's
feasibility study at the seminar. She emphasized that the initial
results were positive, and information was provided on the
analytical framework and next steps for the first stage.
In conclusion, the participants agreed on the completion of the
FS report for this stage and the main technical assumptions, data
requirements, and next steps in preparation for the second
stage.
The FS for the Central Asia-Azerbaijan Green Energy Corridor is
being prepared in partnership with the ADB and AIIB and is
supported by a memorandum of understanding signed in April
2025.
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