Alternative energy development strategy coordinated in Azerbaijan

Oil&Gas Materials 11 October 2012 15:18 (UTC +04:00)

Azerbaijan, Baku, Oct. 11 /Trend E.Ismayilov/

The strategy on consumption and development of alternative and renewable energy resources till 2020 is going to be ratified by the end of the year, an energy market source reported to Trend on Thursday. The strategy is currently being coordinated by the country's ministries and agencies.
"The strategy will be ratified following the coordination. We expect its ratification by the end of the year," the source noted.

The chief of staff of the Azerbaijani Ministry of Industry and Energy Rasim Mammadov previously noted that implementation of new strategy in Azerbaijan is planned for the beginning of 2013.

The strategy on the use of alternative and renewable energy sources in Azerbaijan within 2012-2020 and the organisation of work in the framework of the strategy will enable attainment of the 20 per cent threshold share of alternative energy in total energy consumption by 2020.

The choice of 2020 as the term is not an accident, as the European Union is going to reach the level of 20 per cent in alternative energy consumption by that time.

In December of last year Azerbaijani President Ilham Aliyev signed a decree on the development of state strategy on the usage of alternative and renewable energy sources in Azerbaijan for 2012-2020 within six months

A slight delay in development of the strategy was due to the establishment of a state company at the state agency on alternative and renewable energy resources.