Green en­ergy may get new push with WB's help

Azer News - - Front Page - By Narmina Mam­madova

Azer­bai­jan is tak­ing se­ri­ous steps to de­velop al­ter­na­tive en­ergy to­day and the coun­try may count on as­sis­tance of the World Bank (WB) in this is­sue.

The WB is work­ing with Azer­bai­jan’s Min­istry of Ecol­ogy and Nat­u­ral Re­sources to ex­am­ine dif­fer­ent op­tions of the "green econ­omy" devel­op­ment, Head of the WB Baku Of­fice, Naveed Naqvi, told Trend.

The bank has also been able to mo­bi­lize funds from the Korean Green Growth Trust Fund, to sup­port green econ­omy in Azer­bai­jan.

Naqvi fur­ther said that apart from hav­ing a long­stand­ing part­ner­ship with Azer­bai­jan in the en­ergy sec­tor, there were pre­lim­i­nary con­ver­sa­tions with Azer­bai­jan’s En­ergy Min­istry re­gard­ing al­ter­na­tive en­ergy sources.

"Cur­rently, there are no spe­cific projects, but if the gov­ern­ment is in­ter­ested in work­ing with the WB on al­ter­na­tive re­new­able en­ergy, such as wind or so­lar power, we will pro­vide our sup­port," he con­cluded.

In ac­cor­dance with the De­cree of Pres­i­dent Il­ham Aliyev, in 2013, the State Agency of the Repub­lic of Azer­bai­jan on Al­ter­na­tive and Re­new­able En­ergy Sources was cre­ated, and a num­ber of doc­u­ments were signed and pro­grams were adopted to de­velop this in­dus­try. Th­ese doc­u­ments pro­vide for bring­ing al­ter­na­tive sources to 20 per­cent of the to­tal en­ergy con­sump­tion of Azer­bai­jan by the end of 2020. It is ob­vi­ous that the devel­op­ment of al­ter­na­tive en­ergy is in­cluded in the num­ber of pri­or­ity direc­tions of state devel­op­ment.

To this end, ne­go­ti­a­tions are un­der­way with for­eign com­pa­nies and in­vestors, in­clud­ing com­pa­nies from China, the UAE, the US and the EU.

For ex­am­ple, the Nor­we­gian com­pany DNV GL will help cre­ate a sup­port sys­tem and a le­gal frame­work in Azer­bai­jan's al­ter­na­tive en­ergy sec­tor.

The ca­pac­ity of the en­ergy sys­tem of Azer­bai­jan is more than 6,000 megawatts. At the same time, ac­cord­ing to ex­perts, the po­ten­tial of re­new­able en­ergy sources in the coun­try is more than 25,300 megawatts. , which will al­low gen­er­at­ing 62.8 bil­lion kilo­watt hours of elec­tric­ity an­nu­ally.

Most of the coun­try's po­ten­tial in this area falls on so­lar en­ergy, while it is es­ti­mated at 5,000 megawatts.

Some 4,500 megawatts ac­counts for wind power, 1,500 megawatts -- for biomass, 800 megawatts -- for geo­ther­mal en­ergy, and the re­main­ing 350 megawatts -- for the small hy­dro power plants (HPP).

Ac­cord­ing to the State Sta­tis­tics Com­mit­tee of Azer­bai­jan, in Jan­uary-Septem­ber 2018, hy­dropower pro­duc­tion amounted to 1,422.3 kilo­watt hours, so­lar en­ergy to 31.7 kilo­watt hours and wind power to 31.9 kilo­watt hours.

The us­age of re­new­able sources is gain­ing more and more sup­port­ers, and it is ob­vi­ous that the fu­ture of hu­man­ity will largely de­pend on this method of en­ergy pro­duc­tion. To­day, 80 per­cent of world en­ergy con­sump­tion comes from hy­dro­car­bons (oil, nat­u­ral gas and coal), and 20 per­cent from re­new­able sources and nu­clear en­ergy. En­ergy con­sump­tion in the world is grow­ing ev­ery day, and tra­di­tional en­ergy sources are rapidly be­ing ex­hausted.

Ac­cord­ing to the fore­casts of the In­ter­na­tional En­ergy Agency (IEA), 60 per­cent of world en­ergy will come from hy­dro­car­bons in 2040, and the largest per­cent­age will come from nat­u­ral gas, while 40 per­cent from nu­clear en­ergy and re­new­able en­ergy sources, mostly from wind and so­lar en­ergy.

Eco­log­i­cally pure in­fra­struc­ture of the pro­duc­tion of this type of en­ergy is of great im­por­tance.

Al­ter­na­tive en­ergy sources are safe for hu­mans and the en­vi­ron­ment, as they do not pro­duce harm­ful emis­sions into the at­mos­phere. On the con­trary, hy­dro­car­bon-based en­ergy is the main source of pol­lu­tion of the Earth’s at­mos­phere; it can lead to ir­re­versible cli­mate change on the planet.

Founded in 1944, the WB ac­tiv­ity touches nearly ev­ery sec­tor that is im­por­tant to fight­ing poverty, sup­port­ing eco­nomic growth, and en­sur­ing sus­tain­able gains in the qual­ity of peo­ple’s lives in de­vel­op­ing coun­tries.

Re­cently, the Azer­bai­jani Min­istry of Agri­cul­ture has launched a project to cre­ate green­houses within the frame­work of a joint project with the World Bank (WB), the sec­ond phase of Azer­bai­jan Ru­ral In­vest­ments (AzRIP).

Azer­bai­jan joined the World Bank Group in 1992. Since then, com­mit­ments to the coun­try to­taled over $3.78 bil­lion for 50 projects.

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