RENEWABLE ENERGY IN AZERBAIJAN: DEVELOPMENT STRATEGIES AND PROSPECTS FOR INTERNATIONAL COOPERATION
The articles comprehensively discuss Azerbaijan's renewable energy development strategies, the initiatives presented at COP29, and opportunities for international collaboration. Analyses emphasize the importance of maximizing the country's solar and wind energy potential, ensuring economic security, and maintaining environmental sustainability.
Projects introduced at COP29 have strengthened Azerbaijan’s position in the global energy market while attracting new investments. Notably, the Gobustan Solar Power Plant and the East Zangezur project are highlighted as significant steps toward advancing solar energy utilization. Research indicates that international cooperation plays a crucial role in the effective development of renewable energy sources, fostering knowledge exchange and financial support.
These advancements open doors for the digitalization of the energy sector, enabling the application of cutting-edge technologies such as smart grids and AI-driven energy management systems. The integration of modern technology enhances efficiency, reduces energy waste, and accelerates the transition to a greener economy.
The proposed strategies align with Azerbaijan’s long-term energy policy goals, ensuring the successful implementation of the green transition. By prioritizing renewable energy development, Azerbaijan strengthens its energy independence, reduces reliance on fossil fuels, and contributes to global sustainability efforts.
Furthermore, Azerbaijan’s participation in international renewable energy agreements and collaboration with global energy leaders enhance the country’s role in shaping the future of sustainable energy. The COP29 initiatives serve as a foundation for long-term partnerships and investment opportunities, further boosting Azerbaijan’s renewable energy ambitions.
In conclusion, Azerbaijan's commitment to renewable energy development, strategic projects, and international cooperation reinforce its position as a key player in the global green energy transition. These efforts pave the way for a sustainable and technologically advanced energy sector, ensuring economic growth and environmental resilience.
Valiyev J.A., Nadjafov E.R. “Renewable energy in azerbaijan: development strategies and prospects for international cooperation”, Research Result. Economic Research, 11(1), 4-16, DOI: 10.18413/2409-1634-2025-11-1-0-1
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