STRATEGIC TRANSITION FROM HYDROCARBONS TO GREEN HYDROGEN: LONG-TERM PATHWAYS FOR AZERBAIJAN’S EXPORT DIVERSIFICATION
As global demand for clean energy rises, green hydrogen is emerging as a critical driver of decarbonisation and sustainable economic growth. The study examines the production potential and export prospects of green hydrogen in Azerbaijan. Analysis focuses on an evaluation of Azerbaijan’s technical capacity, the state of its infrastructure, policy framework, and investment climate for developing green hydrogen. The findings suggest that by leveraging its substantial wind and solar resources, Azerbaijan has the capacity to generate green hydrogen through electrolysis. The development of clean hydrogen and associated derivatives offers a strategic pathway for diversifying the national economy, attracting foreign investment in clean energy technologies, and fostering innovation-led long-term growth. The country’s geostrategic position adds to its potential to be a pivotal hub for a green energy corridor between East and West, facilitating energy flows across Europe and Asia while strengthening regional energy security.
STRATEGIC TRANSITION FROM HYDROCARBONS TO GREEN HYDROGEN: LONG-TERM PATHWAYS FOR AZERBAIJAN’S EXPORT DIVERSIFICATION
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