When will Azerbaijan build a hydrogen energy station

How much hydrogen does Azerbaijan produce?

According to the recently published European Bank for Reconstruction and Development (EBRD) and Ministry of Energy of Azerbaijan National Hydrogen Strategic Outlook, the country currently accounts for less than 0.5% of global hydrogen production and consumption.

What is Azerbaijan National Hydrogen strategic outlook?

The presentation of Azerbaijan National Hydrogen Strategic Outlook document took place at the event named Enabling the Clean Hydrogen Economy & Developing New Supply Chains organized by the International Renewable Energy Agency (IRENA) and the Hydrogen Council within the COP29 conference.

How is Azerbaijan developing a hydrogen economy?

Azerbaijan is actively seeking foreign investment to develop its hydrogen economy. Partnerships with international energy companies such as Masdar, ACWA Power, and Fortescue Future Industries (FFI) are already in place. The government is also working with development banks, including the EBRD, to secure concessional financing for hydrogen projects.

How much hydrogen will Azerbaijan produce by 2050?

According to the balanced scenario, by 2050, Azerbaijan aims to produce 0.5mn tonnes of hydrogen per year, with a substantial portion allocated for export. Under the accelerated scenario, if investments in offshore wind and renewable energy scale up rapidly, production could reach 1.1mn tonnes by 2050.

Can Azerbaijan develop blue hydrogen projects?

The natural gas reserves in Azerbaijan create an opportunity for the development of blue hydrogen projects. It is possible to export hydrogen along with natural gas (blending) through the Southern Gas Corridor (SGC). § National Hydrogen Strategy scoping document.

Does Azerbaijan need a desalination project?

Green hydrogen production via electrolysis requires large amounts of water, which poses a challenge in a country where 75% of water resources come from outside its borders. Azerbaijan is considering desalination projects to mitigate this issue. Infrastructure investments would also be required.