Azerbaijan can contribute to energy diversification as a source of green energy

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May 10, 2022 3:00 p.m. (UTC+04:00)

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Energy Minister Parviz Shahbazov said that Azerbaijan can contribute to the diversification of energy supply as a green energy source with natural gas.

He made the remarks during panel discussions at the World Utilities Congress in Abu Dhabi, United Arab Emirates.

The minister underlined that Azerbaijan is one of the countries with sustainable energy independence thanks to national resources, diversified energy balance and supply markets.

“Azerbaijan plans to expand the role of oil, gas and electricity supplier through the export of renewable energy,” he said.

In this regard, he reported on the projects implemented and planned for the production and export of electricity from renewable energy sources.

Shahbazov pointed out that in the current non-standard situation related to the supply of energy resources, sustainable energy security could be achieved through multifaceted diversification.

“It is necessary to ensure not only different sources of energy imports, but also a variety of resources for the energy balance. Not only renewable energy sources, but also hydrocarbon-based energy supplies are not as sustainable,” he said.

The Minister said that currently the focus is not so much on renewable energy sources, but on the aspect of energy security, and in this regard, the objective of moving from “net zero” to alternative energy sources has also changed.

He noted that the approach of developing green energies, accelerating the energy transition within the framework of the diversification of energy sources, is more rational and effective than a policy aimed only at reducing emissions and even eliminating gas. natural energy balance. Shahbazov added that the smoothness of the energy transition and the path towards the goal of reaching “net zero” is directly linked to ensuring energy security.

During the round tables, the Minister addressed the issues of energy security, energy transition, the growing role of Azerbaijan as a reliable energy supplier and the partnership with the Gulf countries in the field of energy. green energy in relation to ongoing processes in global energy supply. system.

Parviz Shahbazov traveled to the United Arab Emirates to take part in the World Utilities Congress which is being held in Abu-Dhabi from May 9 to 11, at the invitation of the Minister of Energy and Infrastructures Suhail Mohamed Al Mazrouei.

During the visit, the Minister’s speech at the Congress’s strategic conference during round tables, his participation in the various exhibitions presenting innovative products and new technologies in the management of electricity and water, as well as ‘a number of meetings are planned.

It should be noted that the World Utilities Congress held under the auspices of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, was attended by 14 energy ministers, more than 70 CEOs of industry from major electric and water utilities from over 50 countries, and Over 1,000 high-level delegates.

The World Utilities Congress is a platform for sharing ideas and strategies on the global energy and utilities industry.

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