Azerbaijan exported more than $ 25.9 billion in electricity In January-July 2017

Azerbaijan exported more than $ 25.9 billion in electricity In January-July 2017

2017-08-20
Azerbaijan exported more than $ 25.9 billion in electricity In January-July 2017




In the first seven months of 2017, Azerbaijan exported nearly 597698 kWh of electricity, tripled from the same period last year.

From January to July, the export electricity value reached $ 25.915 billion.

Azerbaijan is vigorously developing non-oil fields and diversifying the economy, now proud of the power industry. Currently, Azerbaijan is able to fully meet its own energy needs and is attempting to supply electricity to the European market.

At present, Azerbaijan's energy system is based on 14 thermal power plants and 10 hydropower stations. Over the past decade, Azerbaijan's grid capacity has increased by 40%, not only to meet domestic demand, but also to open up export potential.

As Azerbaijan's largest power producer, Azerenergy JSC in 2216 generating 2.26 billion kwh, while the 2015 generating capacity of about 2.25 billion kwh.

Power generation helped Azerbaijan to create billions of kilowatt-hours of export potential. In order to export surplus electricity, Azerbaijan has focused on a number of key projects, including the Azerbaijan-Georgian-Turkish Energy Bridge. The Energy Bridge project will allow Azerbaijan to export 700 megawatts of electricity annually to Europe.