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Azerbaijan increases value of electricity production

Oil&Gas Materials 20 October 2020 16:39 (UTC +04:00)
Azerbaijan increases value of electricity production

BAKU, Azerbaijan, Oct.20

By Fidan Babayeva - Trend:

The total power generation capacity of Azerbaijan has reached 7,516.5 megawatts over the past ten years due to the comprehensive measures implemented in the energy sector of Azerbaijan in connection with the commissioning of 23 new power plants with a capacity of 2,055.4 megawatts, Azerbaijani Energy Minister Parviz Shahbazov said, Trend reports.

According to Shahbazov, the country's electric power system operates 18 thermal power plants with a total capacity of 6,237.7 megawatts, hydroelectric power plants with a total capacity of 1,278.8 megawatts, and other renewable energy sources.

"Within the framework of the rehabilitation program, the stability, reliability, safety, and efficiency of thermal power plants and other power plants in Azerbaijan have risen to a new level,” he said. “In general, in recent years, as a result of investments in the energy system, modernization work, indicators of efficiency, quality of electricity have significantly increased, and the level of losses decreased.”

“Over the past 10 years, losses in the transmission and distribution of electricity have decreased from 22.4 percent to 10.2 percent, and the specific fuel consumption for the production of electricity per kilowatt-hour has decreased from 305.6 grams to 263.4 grams," the minister stressed.

According to him, serious changes have also taken place in the infrastructure of the country's energy system.

"The energy policy pursued today under the leadership of President Ilham Aliyev not only logically completes the work carried out during the Soviet period and during the years of independence, but also ensures the development of the electric power system in accordance with modern global trends. Azerbaijan is one of the rare countries on a global scale that was able to achieve 100-percent energy security," added Shahbazov.

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