The meeting was held between Energy Minister Parviz Shahbazov and Harry Boyd-Carpenter, Managing Director of the Sustainable Infrastructure Group at the European Bank for Reconstruction and Development (EBRD).
The sides expressed satisfaction with Azerbaijan's long-term successful partnership with the EBRD in the energy sector. The importance of the implemented and ongoing projects jointly with the bank was discussed. The expansion of the Southern Gas Corridor, as well as cooperation opportunities within the projects of green energy corridors were considered. The sides exchanged views on the reforms carried out in the field of electricity in Azerbaijan, plans to integrate renewable energy powers into the network until 2030, energy storage systems and energy regulation. Also, cooperation on the development of the National Hydrogen Strategy of Azerbaijan was touched upon and mutual interest in the development of cooperation was expressed. “Caspian Energy Media” reports with reference to the Ministry of Energy.