In 2015 share of alternative power constituted 0.06% in total power generation of the country
In 2015 total volume of power generation in Azerbaijan reached 22,900,500,000 KWh, own 0.7% against 2014.
According to the Azerbaijan State Statistical Committee, during last year generation of commercial power in the country totaled 21,811,300,000 (decline by 0.6%).
The difference between total and commercial power generation indexes is caused by the fact that Azerenerji, state monopoly generating power in the country, uses part of generated power to satisfy its own needs.
In 2015 Azerenerji’s thermal power stations generated 20,260,100,000 kWh of commercial power (decline by 1.5%), while hydraulic power stations – 1,541,500,000 kWh (growth by 25.3%).
In 2015 Azerenerji’s thermal power stations consumed 315,600 tons of black oil and 4.7 billion cub.m. of natural gas.
In 2015 Azerbaijan generated 5.7 million kWh of commercial wind power (decline by 27.8%) and 4 million kWh of solar power (not generated in 2014).—0-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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