Azerbaijan intends to increase electricity exports to neighboring countries and enter the European energy market, said the country’s president, Ilham Aliyev.
“By expanding our export capabilities to neighboring countries, we will also enter the European market. After all, we have already entered the European market with our oil and gas, but we want to enter it with electricity as well,” Aliyev said in an interview with the Azerbaijani state television channel AzTV.
According to him, the only route for supplying electricity to Europe currently runs through Georgia and Turkey, but Azerbaijan intends to expand the number of export routes. In this regard, a feasibility study for the Black Sea Energy project has already been prepared.
In addition, in November 2024, as part of COP29, Azerbaijan, Kazakhstan, and Uzbekistan signed an agreement to lay an electrical cable along the bottom of the Caspian Sea.
“Azerbaijan will establish itself as a country that generates, receives, transmits, and exports electricity,” Aliyev said.
He also noted that the capacity of solar power plants in the Nakhchivan Autonomous Republic (NAR) could reach 500 MW, and up to 1 GW in the future.
“The main issue here is export capacity. To achieve this, of course, negotiations must be held with the relevant authorities in the respective countries, and these are already underway,” the president said.
At the same time, Aliyev noted that the existing power transmission lines from the NAR to Iran and Turkey have limited capacity, which needs to be increased.
“That is, for exporting 500 megawatts—or even 1,000 megawatts—of electricity, there are currently two routes: one to Turkey and the other to Iran. But in the future, this could also include Europe,” he said.
The head of state added that Azerbaijan’s plans to export electricity are in line with the interests of the countries “surrounding us.”
“It’s just that coordination efforts here must be carried out properly, at the necessary level, and negotiations must be accelerated. I can say that negotiations on this matter are currently underway with both Turkey and Iran. It’s too early to say anything for sure,” the president said.
As part of the implementation of the energy sustainability plan, distributed cogeneration facilities with a total capacity of 65 MW have already been built in Kyiv, according to Petro Panteleev, acting first deputy head of the Kyiv City State Administration.
“We have already built cogeneration plants with a capacity of 65 MW and diesel power plants with a capacity of over 16 MW,” he said at a press briefing on Monday dedicated to the progress of the Kyiv City Resilience Plan.
The level of readiness for infrastructure restoration, Panteleev added, has already reached 60%. In addition, the city is working to prepare its housing stock for the heating season.
According to the city official, Kyiv has allocated 800 million hryvnias over the course of the year for the repair and modernization of electrical switchboards. Work is planned this year at 742 facilities; so far, 20% of the plan has been completed.
As Panteleev noted, energy efficiency measures have already been implemented in over 2,000 residential buildings through municipal and state programs.
It was previously reported that the capital’s Resilience Plan allocates 37 billion hryvnias for the restoration and construction of facilities and infrastructure.
The European Union has transferred an additional 30 million euros to the Ukraine Energy Support Fund, thereby increasing its total contribution to the fund to 279 million euros, according to Ukraine’s First Deputy Prime Minister and Minister of Energy Denys Shmyhal.
“The funds received through this financial instrument are helping us restore energy infrastructure damaged by Russian attacks, purchase urgently needed equipment for our energy companies, and ensure a reliable energy supply, first and foremost for critical infrastructure,” – Shmyhal was quoted as saying by the Ministry of Energy’s press service on its Telegram channel on Saturday.
According to “Serbian Economist”, Serbia has provided Ukraine with humanitarian aid totaling approximately 63 million euros since the start of the full-scale war, said Andon Sapundži, Serbia’s ambassador to Ukraine.
About 10 million euros of this amount was allocated to support Ukraine’s energy sector and restore damaged infrastructure.
Serbia also announced an additional contribution of 2 million euros as part of the UNDP’s “Green Energy for Ukraine” program.
The funds are planned to be used to install transformer equipment with a total capacity of 63 MW to meet the needs of Kryvyi Rih. The equipment is expected to be commissioned in early 2027.
According to the ambassador, Serbian companies are already exploring opportunities to participate in Ukrainian reconstruction projects. Areas of particular interest include the energy sector, construction, the production of building materials, transportation infrastructure, and industrial cooperation.
He emphasized that Ukraine’s reconstruction should not be postponed until the end of the war, as some energy and infrastructure needs must be addressed immediately.
Serbian business participation in large-scale projects is currently in the stage of assessing opportunities and identifying specific partnerships.
The Kyiv Region Regional Development Agency has signed a memorandum of cooperation with Aydem Holding A.S., one of Turkey’s largest energy investors, regarding the construction of up to 100 MW of renewable energy capacity in the region.
According to a post by the Agency on LinkedIn on Thursday, it will provide comprehensive support to the investor at all stages of the project’s implementation, including identifying the optimal land plot, engaging with local communities, and coordinating with government authorities. Project support will be provided in collaboration with UkraineInvest.
“Our goal is to make the Kyiv region one of the most attractive regions for international investors, where large-scale investment projects are implemented quickly, transparently, and effectively,” commented Nazarii Volyanskyi, director of the Agency.
According to him, the partnership with Aydem Holding A.S. will mark the beginning of new large-scale investments, contribute to the development of the region’s energy infrastructure, and strengthen the Ukrainian-Turkish economic partnership.
The holding company’s website states that it has been operating in the fields of electricity generation, distribution, and retail for 40 years, applying an innovative approach in the energy sector. The primary focus is on renewable energy: hydro, wind, and geothermal sources.
Aydem Holding, ENERGY, INVESTMENT, Kyiv Oblast, RENEWABLE ENERGY
Moldovan Prime Minister Vasile Tofan acknowledges the possibility of rolling blackouts in the country and describes the situation in the energy sector as difficult.
“Perhaps our calls for conservation will be heeded only after the first rolling blackouts. And perhaps it will be difficult for us to bring about such changes until we make the appropriate decision. Some believe it would be wiser not to buy expensive electricity on the exchange but to implement rolling blackouts—that is, a controlled blackout. Then, perhaps, when each of us has to spend half an hour in the evening without electricity, people will better understand the situation, and as a society we will become more economical in our energy consumption,” the prime minister said at a press conference on Thursday.
According to him, the situation in the energy sector remains difficult, and Moldova may lose the ability to purchase even emergency electricity (during peak hours), which it has been buying from Ukraine in recent days.
“Unfortunately, as of August 6, the power supply situation looks very bad—much worse than it is today. And tomorrow, most likely, or very probably, we will not be able to purchase emergency electricity, which costs 2–3 times as much. At least, that is the response we received from Ukrenergo,” Tofan emphasized.
He expressed surprise that on the evening of August 4, despite the government’s calls to conserve electricity, electricity consumption was higher than on the same day the previous week. He suggested that this might be due to objective factors, such as high temperatures.
“Nevertheless, Moldova must change its consumption habits by avoiding the use of energy-intensive household appliances during peak hours, from 7:00 p.m. to 11:00 p.m. I do not rule out that power outages could make us more disciplined in this regard,” Tofan said.
Temporary energy-saving measures during peak hours have been in effect in Moldova since August 4. According to the commission’s decision, government agencies, retail establishments, economic entities, and other categories of consumers are required to take energy-saving measures from 6:00 a.m. to 9:00 a.m. and from 6:00 p.m. to 11:00 p.m.
On July 28, the Moldovan government declared a 30-day state of heightened readiness in the energy and hydrology sectors. This decision was made in light of risks associated with low water levels in the Dniester River.
