Romania wants to import "green energy" from Azerbaijan

ECONOMICS  01 June 2023 - 11:36

Romanian Energy Minister Virgil-Daniel Popescu has said that under a national plan, Bucharest should be ready to supply "green energy" from the Caspian Sea to the west of Romania.

He made the remarks at the 28th Baku Energy Forum on June 1, Report informs.

The minister noted the importance of the quadrilateral agreement signed by Azerbaijan and other partner countries in Sofia.

He noted that there are difficulties with energy sources: "We need to be prepared for a possible crisis in the coming years, and we want to import electricity from renewable sources."

With its wind, solar and hydropower potential, Azerbaijan has the opportunity to generate large amounts of electricity for export throughout the region and to Europe. Baku has already increased its electricity exports in recent years and has turned from an electricity-importing country into an electricity-exporting one.

Indeed, in the past ten years, the level of exported electricity by Azerbaijan has increased by about 4.5 times. Azerbaijan is expected to be able to export ever-larger amounts of electricity and become a primary green energy provider for Europe. The export of green energy, along with oil and gas, will diversify Azerbaijan’s exports and strengthen its position as a critical node for European energy security. It will also underscore Azerbaijan’s growing potential as a regional energy leader.

Caliber.Az