Baku, Azerbaijan, Jan. 14
Written by Liman Zeynalova – Direction:
Global climate calls, ambitious commitments, green energy strategies and the green economy from the world’s leading economies have had a major impact in recent years and will continue to have an impact on the energy sector, according to Trend Reports.
Azerbaijan has a clear vision, goals and objectives for the green energy policy.
Today, the country has taken a huge step towards switching to green energy. Thus, the groundbreaking ceremony was held for the 240 MW Khizi Absheron wind farm which will be built by ACWA Power Saudi Arabia.
It will take approximately 18 months to build the station. The station will be located in the regions of Khizi and Absheron. After commissioning, this power plant is expected to produce 1 billion kilowatt-hours of electricity annually. This means that about 300,000 homes will be supplied with electricity. The project will attract $300 million in foreign investment. The plant will provide 220 million cubic meters of natural gas. This means preventing 400,000 tons of carbon dioxide from being emitted into the atmosphere.
Ibrahim Akhmetov, Deputy Head of the Public Relations and Events Department of the State Oil Corporation of the Azerbaijan Republic (SOCAR), noted that the growth of renewable energy production will increase gas and electricity exports, which will provide additional revenue to the country’s budget.
He pointed out that “the additional revenues from gas and electricity exports can help further develop the renewable energy industry and ensure the sustainability of its development.”
Akhmetov said that amid the rapid growth in the level of gas production and export in recent years, the level of gas consumption inside the country is steadily increasing.
“Natural gas is one of the most important sources of energy in the world and the main source of its production in our country. In addition, we use natural gas to a greater degree than other countries directly in agriculture and home heating. Gasification of more than 96 percent of farms in the country, and it was found Favorability of the gradual replacement of gas with more sustainable sources of electricity production.
Azerbaijan supports the calls and goals for the transition to clean energy. The country supports clean energy technologies, hydrogen production, and efforts to enhance the place of renewable energy sources in the energy mix. These areas are important components of the national priorities for the social and economic development of our country. Within the framework of the Paris Agreement and the recently concluded COP26 Conference, Azerbaijan has reaffirmed its commitment to these goals. The state intends to raise the share of renewable energy sources to 30 percent by 2030. Undoubtedly, the construction of the wind farm in Khizi-Absheron is another step in this direction.