BAKU, Azerbaijan, February 21. European Commission encourages for improving the business case for the green energy corridor from Azerbaijan to Europe, EU Commissioner for Energy Kadri Simson said in an exclusive interview with Trend.
“We are following with great interest the initiative of laying out a high-voltage direct current bidirectional interconnector under the Black Sea between Georgia and Romania. A feasibility study is ongoing. This project is already included in Ten-Year Network Development Plan of the European Network of Transmission System Operators for electricity. It is also included as a flagship project under the EU Global Gateway strategy,” she said.
Simson noted that this is an important first project, and a broader green energy corridor is envisaged, including possible trade in hydrogen from renewable sources.
“We welcome that more countries have signaled interest in joining this initiative and encourage them to improve the business case for the green energy corridor thus increasing the mutual gains of the initiative,” added the commissioner.
Back on December 17, 2022, Azerbaijan, Georgia, Romania, and Hungary signed a strategic collaboration agreement that calls for the development of an energy bridge connecting the Caucasus area to Europe.
The agreement calls for Black Sea Energy to construct a 1,000 MW underwater power cable with a length of 1,195 kilometers. The cable will be built to transport green electricity generated in Azerbaijan through Georgia and the Black Sea to Romania, where it will be distributed to Hungary and the rest of Europe. This will allow for the supply of up to 4 GW of renewable energy.
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