What is Azerbaijan's energy potential?

According to the Ministry of Energy, the country’s technical potential for small hydro is 520 MW, which could generate up to 3.2 TWh annually. Azerbaijan’s Renewable Energy Agency under the Ministry of Energy (formerly SAARES) states that the country has up to 800 MW of geothermal energy potential.

What is Azerbaijan's energy security policy?

One of the main goals of the energy security policy implemented under the leadership of the President of the Republic of Azerbaijan Mr. Ilham Aliyev is to strengthen the use of renewable energy sources in the country.

What is Azerbaijan's energy strategy?

The country’s first specific energy strategy is also nearing completion. The report encourages Azerbaijan to move swiftly to adopt all these proposals and implement them effectively to ensure secure and sustainable energy in the future. Oil and gas exports continue to dominate Azerbaijan’s economy and provide the majority of government revenue.

How can Azerbaijan improve energy security?

Diversifying and improving the energy capacity of the country to ensure energy security. Azerbaijan has significant untapped renewable energy potential, as it is a relatively sunny and windy country, and it also has sizeable hydro, biomass and geothermal resources.

How much energy does Azerbaijan produce?

Oil and natural gas bring in around 90% of Azerbaijan’s export revenues, and they finance around 60% of the government budget. They also supply 98% of primary energy and more than 90% of the country’s electricity.

What is the potential of wind energy in Azerbaijan?

According to preliminary analysis, the total technical potential of wind energy in the Azerbaijani part of the Caspian Sea was estimated at 157 GW (35 GW in shallow water basins and 122 GW in deep water basins).