SOCAR to unveil geothermal energy initiatives at COP29

The State Oil Company of Azerbaijan (SOCAR) plans to announce its geothermal energy findings during the upcoming COP29 conference.

Afgan Isayev, SOCAR's Vice President, revealed this during a speech at the Baku Climate Action Week, Caliber.Az reports.

During a panel discussion, Isayev shared a preview of what to expect: “In the coming days, we will publicize the results of the geothermal projects we have undertaken as part of our energy transition efforts,” he stated.

He further indicated that SOCAR will release new reports next year detailing the progress made and outlining medium-term goals in this sector, showcasing Azerbaijan’s commitment to advancing renewable energy initiatives.

As Azerbaijan prepares to host COP29 in November, the city of Baku is gearing up to host the inaugural Baku Climate Action Week to engage and mobilise society ahead of the United Nations Climate Change Conference.

Held under the auspices of the COP29 High-Level Champion, Nigar Arpadarai, Baku Climate Action Week will take place from September 30 to October 4. Working in partnership with London Climate Action Week, now the world’s largest whole of society city-based climate action event, Baku Climate Action Week will feature a range of high-level international conferences alongside multistakeholder local and community events.

The week will take place amid a busy calendar for the COP29 Presidency and highlight the myriad ways the city of Baku and Azerbaijan are addressing climate change and inviting international collaboration to deliver climate action.

By Vafa Guliyeva