Given Kazakhstan's enormous renewable energy potential, we welcome Azerbaijan's initiative to coordinate efforts and synchronize the further development of energy systems of region countries, including potential sustainable interconnection of energy systems, President of Kazakhstan Kassym-Jomart Tokayev said in an interview with the Azerbaijan newspaper, Report informs.
“Last November in Baku, the ministers of economy and energy of Azerbaijan, Kazakhstan and Uzbekistan discussed the prospects for exporting electricity from Kazakhstan and Uzbekistan to Europe through the territory of Azerbaijan.
An exchange of views also took place on the development of projects in the field of ‘green’ energy. Following the meeting, our countries reached an agreement to create a joint venture to export electricity to Europe and prepare an economic feasibility study for the project.
Thus, projects implemented in the Black and Caspian Seas will soon be connected, which will strengthen the positions of our countries as electricity suppliers,” Tokayev emphasized.