BAKU, Azerbaijan, Oct. 24
By Leman Zeynalova - Trend:
Azerbaijan may save about 2 billion cubic meters of gas per year through increasing energy efficiency, Energy Efficiency Coordinator at the International Energy Charter Olexandr Antonenko said at the International Energy Charter Forum in Baku, Trend reports Oct. 24.
“Through implementing measures to improve energy efficiency in the energy sector, improving the efficiency of plants, reducing losses and so on, Azerbaijan may save 1.99 billion cubic meters of gas and $314.9 million per year,” Antonenko said.
The coordinator noted that by 2030, thanks to measures to increase energy efficiency, Azerbaijan will be able to save 880 gigawatt-hours of electricity and $35.7 million annually.
The topic of the International Energy Charter Forum is “Enabling Energy Transformation through Technology and Policy Innovations”.
The four-session forum is dedicated to the development of renewable energy and technology, the use and regulation of renewable energy, the promotion of energy efficiency, the sharing of best practices and regional security experience.
The forum is attended by top ranking officials from 13 countries, including Azerbaijan, Turkey, Georgia, Austria, China, Greece, Albania, Croatia, Spain, Bangladesh, Bosnia and Herzegovina, Burundi, and Yemen.
The event is also attended by representatives from 42 international organizations, local and foreign energy companies, public bodies, as well as diplomatic corps in Azerbaijan and about 200 experts and journalists.
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