Baku, Azerbaijan, April 28
By Emil Ismayilov - Trend:
Azerbaijan within the framework of the "Azerbaijan-Georgia-Turkey" energy bridge can export up to 700 megawatts of electricity in 2015, the Azerbaijani Energy Minister Natig Aliyev told journalists.
Upon reaching an agreement within the framework of the "Azerbaijan-Georgia-Turkey" energy bridge Azerbaijan can export about 350 megawatts of electricity this year, he said.
"This will be possible thanks to the presence of about 1,000 megawatts of additional capacity that could be aimed at ensuring export transactions," the minister said.
As Aliyev noted, more work has been done towards the development of the electricity sector, but $4 billion will be required to achieve the indicator of the developed countries of Europe, which should be aimed at increasing the generation capacity to 10,000 megawatts from the present about 7,100 megawatts.
Total annual export capacity of the country is about 7-8 billion kilowatt hours of electricity.
The power plants of Azerenergy Production Association (deals with production and distribution of electricity in Azerbaijan) generated over 6.2 billion kilowatt hours of electricity in January-March 2014.
Azerenergy's power plants produced about six billion kilowatt hours of electricity in the first quarter of 2013.
The production association's power plants produced over two billion kilowatt hours of electricity in March 2014 versus about two billion kilowatt hours produced in March, 2013.
In total, Azerenergy generated over 21.5 billion kilowatt hours of electricity in 2013 as compared to 21.3 billion kilowatt hours in 2012.
Translated by S.I.
Edited by C.N.