Baku, Azerbaijan, March 4. On 4 March, the
Asian Development Bank (ADB), together with the governments of
Azerbaijan, Kazakhstan, and Uzbekistan, convened the Inception
Workshop in Baku for the Caspian Sea Green Energy Corridor
Project’s Stage 1 Feasibility Study project, Trend reports via the
Bank.


The workshop marked a key milestone in advancing Stage I of the
feasibility study for a regional electricity interconnection across
the Caspian Sea region.


Organized as a roundtable discussion and capacity‑building
workshop, the event brought together senior government officials,
transmission system operators, energy and telecommunications
regulators, development partners, and technical experts.
Participants reviewed progress under the inception stage, discussed
initial findings, and aligned on analytical approaches to support
the Feasibility Study.


The Caspian Green Energy Corridor initiative aims to establish a
regional electricity interconnection that would facilitate
renewable energy trade across the Caspian region and enable
potential future integration with European markets. The Feasibility
Study builds on the Memorandum of Understanding signed in April
2025, and it was formally launched in February 2026.


During the workshop, stakeholders strengthened their technical
understanding of demand forecasting, generation planning, renewable
energy integration scenarios, network studies, and interconnection
options, including subsea cable concepts. Discussions also covered
telecommunications and system operations, regulatory
considerations, and the proposed implementation roadmap.







The workshop concluded with agreement on data requirements,
timelines, and next steps toward the preparation of the Stage I
Feasibility Report, as well as preparations for Stage II of the
study.


ADB is supporting the Feasibility Study in partnership with the
Asian Infrastructure Investment Bank (AIIB) and the project
consulting team, as part of broader efforts under the Central Asia
Regional Economic Cooperation (CAREC) Program to promote regional
cooperation and sustainable energy development.


ADB is a leading multilateral development bank supporting
inclusive, resilient, and sustainable growth across Asia and the
Pacific. Working with its members and partners to solve complex
challenges together, ADB harnesses innovative financial tools and
strategic partnerships to transform lives, build quality
infrastructure, and safeguard our planet. Founded in 1966, ADB is
owned by 69 members—50 from the region.