Azerbaijani minister: Green energy corridor from Caspian Sea to EU planned

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There are plans to create a green energy corridor from the Caspian Sea to the European Union, Minister of Energy of Azerbaijan Parviz Shahbazov said, speaking at the second annual summit on green hydrogen in the UAE, Report informs.

“Now we are planning to create a green energy corridor from the Caspian Sea to the European Union. At the same time, we have another important project that connects us with the countries of Central Asia. Uzbekistan, Kazakhstan and Azerbaijan have united to build another green energy corridor, where green hydrogen is one of the important components,” he said.

According to the minister, much remains to be done to ensure that hydrogen becomes a significant factor in the full transition to renewable energy.

“We also understand from what we are doing in our country [to develop hydrogen] that we need specific national strategies in this area, we need legal frameworks, regulatory support and of course we need major investments in this area. It is also clear that competitive production and large infrastructure for production, storage and transportation are needed,” Shahbazov noted.

Economy