Current Status-quo of Azerbaijan Renewable Energy and Possible Cooperation with EU

Mammadli, Sabuhi and Bayramov, Tofig (2024) Current Status-quo of Azerbaijan Renewable Energy and Possible Cooperation with EU. REGIONAL AND BUSINESS STUDIES, 16 (1). pp. 15-25. ISSN 2061-2311

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Abstract

The article aims to provide information regarding current situation and future potential of renewable energy sources in Azerbaijan. Moreover, it proposes measures for the more convenient and efficient utilization of alternative and renewable energy sources to address the pollution of the natural environment resulting from recent significant climate changes on our planet. It extensively covers various aspects of alternative energy sources, including their development history, types, operational principles, and structures. Additionally, the factors influencing these energy sources are elucidated, along with an overview of state programs aimed at their development, tasks, and implementation, as well as European Union cooperation initiatives. The research also delves into the utilization of alternative renewable energy sources, ongoing projects, and the efficient utilization of natural resources. In modern times, the use of renewable energy sources present a promising avenue, offering the potential to safeguard environmental balance, restore equilibrium, and maintain ecosystem dynamics. The accelerating disruption of this balance underscores the urgency of expanding development and utilization efforts in this area. This article investigates current and possible future cooperation between European Union and Azerbaijan in renewable energy industry.

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