Uzbekistan, Azerbaijan and Kazakhstan have established a joint company Green Corridor Union LLC to implement the "green" energy corridor project to Europe.
On July 1, representatives of:
- Azerbaijan's "Azerenergy" OJSC
- "National Electric Networks of Uzbekistan"
- "KEGOC" (Kazakhstan)
Key Project Details:
| Aspect | Details |
|---|---|
| Leadership | Farhad Mammadov appointed as company head |
| Registration | Company registered in Baku |
| Export Plans | From 2030, Uzbekistan plans to export 10-15 billion kWh |
| Infrastructure | Black Sea seabed cable to connect regions |
"The implementation of this project will be crucial for ensuring energy security of our countries, achieving our sustainable development goals, and exporting 'green' energy to Europe"
Historical Background:
In November 2024, during COP-29 in Baku, the presidents of the three countries signed a strategic partnership agreement. Azerbaijan's Deputy Energy Minister Elnur Soltanov emphasized the importance of this agreement.
Expert Comment:
"It is projected that in 2030, Uzbekistan's electricity demand will be about 120-125 billion kWh. We have numerous generation facilities with capacity of approximately 135 billion kWh. All excess capacity will be exported to Europe once the infrastructure is ready," noted Umid Mamadaminov, Deputy Energy Minister.