The Stage I Feasibility Study Inception Workshop for the Central Asia - Azerbaijan Green Energy Corridor was held

The Stage I Feasibility Study Inception Workshop for the Central Asia - Azerbaijan Green Energy Corridor was held The Stage I Feasibility Study Inception Workshop for the Central Asia - Azerbaijan Green Energy Corridor was held https://innews.az/en/news/id-58893

In Baku, the Stage I Feasibility Study Inception Workshop for the Central Asia - Azerbaijan Green Energy Corridor was held in Baku. The event was organized with the participation of high-level state representatives from Azerbaijan, Kazakhstan and Uzbekistan, transmission system operators, regulatory agencies, Asian Development Bank (ADB), Asian Infrastructure and Investment Bank (AIIB) and other stakeholders.

Orkhan Zeynalov, Deputy Minister of Energy of Azerbaijan, described the project as highly promising, noting that the Caspian Sea Green Energy Corridor will connect the Caspian and Black Sea regions, channeling clean renewable energy from Central Asia to European markets. It was also noted that along with the countries officially participating in the project, other regional parties are also seriously interested in participating in the initiative.

Sanzhar Zharkeshov, Deputy Minister of Energy of Kazakhstan, highlighted his country’s significant energy potential, noting that Kazakhstan is on track to reach 26 gigawatts of total power capacity by 2030, with 30 to 35 percent coming from renewable energy sources.  He emphasized that Kazakhstan already possesses surplus energy resources and that, the country is keen to export this clean energy to European markets through corridors such as this one.

Feruz Kurbonov, Deputy Chairman of the Board of Directors of the National Electric Network of Uzbekistan, also expressed strong enthusiasm for the project, describing it as very promising. He noted that Uzbekistan is making major investments in critical energy infrastructure domestically, and that by 2030 the country expects to have additional electricity capacity available to contribute to the regional grid and export to Europe.

Sunniya Durani-Jamal, Country Director of the Azerbaijan Resident Mission of the Asian Development Bank (ADB) said that the project would support strengthening ties in the region. At the seminar, the first presentation of the feasibility study of the project was delivered by CESI. CESI provided an initial overview of their findings, which were described as very promising, and outlined the analytical framework and next steps for Stage I of the study.

Participants concluded the day having reached agreement on key technical assumptions, data requirements, and next steps toward the completion of the Stage I Feasibility Report and preparations for Stage II.

The Central Asia - Azerbaijan Green Energy Corridor is being developed in partnership with the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB), and is supported by a Memorandum of Understanding signed in April 2025.