Azerbaijan is among the world’s leading countries in green energy – AZERTAC

Baku, March 15, AZERTAC

The foundation laying ceremony for the Karadag solar power plant with a capacity of 230 megawatts was held today in Golestan Palace. This power facility, as already reported by AZERTAC, will be built by a source from the United Arab Emirates. The ceremony was attended by President of the Republic of Azerbaijan Ilham Aliyev, who delivered a keynote speech. He also announced in his speech, among other things, the reconstruction of 5 hydroelectric power stations in the liberated lands this year.

The event that happened today is far from everyday. The development of renewable energy is a priority for our country, which was reiterated by the Head of State in his speech at the groundbreaking ceremony. Karadag solar power plant, after commissioning, will expand export opportunities for our country and turn Azerbaijan into a major producer and exporter of electricity.

The fact is that since the beginning of the coronavirus pandemic and the entry into the “calm” phase of the global economy, the renewable energy sector has shown an increase of 7% in production against the background of an overall decrease in demand for electricity by 5%. This clearly illustrates the increasing role of alternative energy sources in the future. It is no coincidence that, according to the forecasts of the International Energy Agency (IEA), investments of $440 billion annually are expected in the development of the renewable energy sector over the next ten years. According to the International Energy Agency itself, in the past year alone the share of energy produced by renewables has increased by 5%, and is expected to grow by 50% in the next five years. By 2025, green energy is expected to outpace electricity generated by burning coal in terms of reproducibility. At the same time, according to forecasts, 60% of the growth is allocated to the share of solar energy and 30% to wind energy.

China remains the world leader in alternative energy, which has grown 3.34 times over the past ten years. According to forecasts by the International Energy Agency, 40% of the growth in the next five years will be attributed to China. As for the European Union, it showed an increase in the share of alternative energy in total energy production from 8.5% in 2004 to 19.7% in 2019. Until 2030, Brussels intends to increase this share to 27%, while significantly reducing coal-based electricity production.

The war in Ukraine inadvertently made its own adjustments to EU plans to use natural gas and fuel oil. The importance of green energy in this regard has increased even more.

There is also a huge potential for green energy in Azerbaijan. It should be noted here that a rapid transition from traditional methods of generating electricity to environmentally friendly methods is impossible. We need big investments, time and efforts. Oil, gas and coal will not be written off as energy sources overnight. They will remain, and the need for them will continue. Therefore, Azerbaijan has adopted a strategy of smooth transition from traditional to new styles, while maintaining a reasonable proportion and realistic pace.

President Ilham Aliyev in his speeches repeatedly noted the leading role of our country in ensuring the energy security of other countries. In particular, the head of state, speaking on January 13 at the Golestan Palace during the groundbreaking ceremony of the 240-megawatt Khizi Absheron wind farm, said: “The energy security of our country is fully guaranteed, and the export of natural gas and electricity, which are growing every year, positively affects On the energy security of other countries. But we also need to know that the country is developing rapidly. At the end of last year, our non-oil and gas industry, that is, non-oil industry, has grown by about 20 percent. The country’s population is increasing, and demand is increasing. Therefore, of course, we must seriously engage in the production of new types of energy. ” (https://azertag.az/ru/xeber/1974256).

The prerequisites for this were factors such as the presence of huge potential in our country for the production of electricity from renewable natural sources. Solar energy can be extracted practically throughout the country, and in terms of wind energy use, the most promising regions are the Khizi, Khazar, Absheron, Gobustan regions, as well as the capital Baku itself, that is, the eastern part of the country. It should be noted here the possibility of creating offshore wind farms in the Caspian Sea, similar to those established by Germany and Denmark in the North Sea. Only according to preliminary calculations, the Azerbaijani offshore sector will be able to supply the country with 157,000 megawatts of electricity, which is 20 times more than the total capacity of all power plants in Azerbaijan! Thus, the Caspian Sea, which fed our people with hydrocarbons, will retain its role as the energy “breadwinner” of the nation in the future.

There is also great potential in the economic recovery of the Karabakh and East Zangezur regions. Kalbajar, Lachin, Gubadli, Zangelan, Jabriel (that is, the entire economic region of Zangezur east) and Fizuli are considered the most “rich” in solar energy, Kalbajar and Lachin are famous for their strong winds of up to 8 meters per second.

Of course, it is worth noting separately the energy-generating potential that is available in the forces of water flows in mountain rivers. Tarterchay, Pazarchay, Hakkari, which our people came up with thanks to the Iron Fist process, will also contribute to the production of electricity without harming the atmosphere.

All this allows Azerbaijan to confidently plan to achieve up to 30 percent of the share of energy extracted from renewable sources by 2030, which will create additional conditions for the systematic economic development of the state.

In subsequent years, the use of solar energy and wind energy will increase even more if we take into account the previous trend: from 2013 to 2019, the use of solar energy in our country increased 55 times, and wind energy by as much as 131 times.

In the above speech on January 13, President Ilham Aliyev also noted the following: “The largest companies in the world are showing great interest in the renewable energy potential of Azerbaijan. Currently, the Ministry of Energy of Azerbaijan is negotiating with many of the world’s leading companies, and I repeat, this is a combination of several Factors Stability and tranquility of our country and very positive views of the world are associated with our country, that is, opinions that reflect the truth and predictability of our policy and at the same time strong industrial potential and economic independence that ensure energy security and trained human resources – that is, these are the main factors. These factors are of great importance for any investor “. (https://azertag.az/ru/xeber/1974256).

It is also true that investors are now looking for opportunities not only to profitably invest their free capital, but also to do so with minimal environmental impact. For example, in December last year, an agreement was signed between the Ministry of Energy of Azerbaijan, Azenergy and the Saudi company ACWA Power on an investment project for a 240 MW wind farm. The implementation of this project will lead to the release of a large amount of natural gas (according to some estimates about 220 million cubic meters) and save the atmosphere from the release of about 400 thousand tons of carbon dioxide! At the same time, the solar power plant, the foundation of which is laid today, will release 110 million cubic meters of natural gas and prevent 200 thousand tons of carbon dioxide from poisoning the environment. If you add up these numbers, the Azerbaijani state deserves praise from all of humanity for taking care of the environment!

It is also necessary to recall the signing of agreements with Japanese (Tepsco) and British (BP) companies on the development of the energy sector in the liberated territories of the Karabakh and East Zangezur economic regions.

The energy policy of the Azerbaijani government will allow our country to fulfill its commitment under the Paris Climate Agreement to reduce greenhouse gas emissions by 35% by 2030. This will be a victory not only for the energy strategy of the Azerbaijani state, but also for the environmental strategy. Which will certainly lead to the strengthening of Azerbaijan’s authority in the international arena.

AZERTAG.AZ :Azerbaijan is among the world leaders in green energy

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