Power exports show increase in January

AThus, in January last year, electricity production amounted to 2.123 billion kWh.

Azerenergy exported 191.9 million kWh of electricity to neighboring countries out of 2.126 billion kwh of electricity produced in January this year.

Total electricity production in Azerbaijan last year amounted to 25.2 billion kilowatt-hours.

In 2018, Azerbaijan's electricity exports increased by 165.2 million kilowatt-hours in comparison with 2017 (1.28 billion kilowatt-hours), reaching 1.447 billion kilowatt-hours

As many as 80.3 million kWh of this amount was exported to Iran, 13.45 million kWh to Turkey, 121.5 million kWh to Russia, and 1.23 billion kWh to Georgia.

Generally, electricity exports from Azerbaijan to Russia, Georgia, Iran and Turkey last year increased by 14.2 percent compared to 2017.

In 2018, the cost of electricity exported from Azerbaijan amounted to about $ 66 million. Last year, the value of exports increased by $ 16 million compared to 2017.

Azerenergy JSC is the main exporter of electric energy in Azerbaijan.

There are over 30 power plants on the balance of Azerenergy.

The total power generation capacity of these stations exceeds 6,000 megawatts, which allows generating about 24 billion kilowatthours of electricity annually.

Aiming to lessen its dependency on oil, Azerbaijan implements a number of measures for further development of alternative energy sector.

The potential of renewable energy sources in Azerbaijan exceeds 25,300 megawatts, which will allow generating 62.8 billion kilowatt hours of electricity annually.