Azerbaijan is developing both traditional energy resources and renewable energy potential in parallel, energy minister Parviz Shahbazov made the statement at the Ministerial Panel on Redrawing the Global Energy Map: Security and Uncertainty within the 5th Antalya Diplomacy Forum.
The Energy Minister also stated that Azerbaijan plans to develop up to 8 GW of renewable energy capacity. 2 GW of this will be integrated into the domestic power system by 2027, and the rest will be developed and exported in stages. It was further noted that Azerbaijan is strengthening its energy ties with Europe via Türkiye, while also implementing electricity interconnector projects between Asia and Europe in cooperation with Kazakhstan and Uzbekistan. These projects will increase energy security and supply accessibility by connecting production and consumption centers.
It should be noted that, alongside Azerbaijan’s Energy Minister, the panel discussions were also attended by Türkiye’s Energy Minister Alparslan Bayraktar, Slovenia’s Minister of Environment, Climate and Energy Bojan Kumer, and the Director-General of the International Renewable Energy Agency (IRENA) Francesco La Camera.
