Kazakhstan, Azerbaijan and Uzbekistan have started to develop a feasibility study (TES) for an energy systems integration project and laying a high-voltage cable along the bottom of the Caspian Sea to sell green energy to European Union countries. This was announced by the Minister of Energy of Kazakhstan Almasadam Satkaliev at a briefing.
„Preliminary work has been done with EU countries that have expressed interest in purchasing clean electricity. Azerbaijan, Kazakhstan and Uzbekistan have signed an agreement to lay a high-voltage cable under the Caspian Sea, which will allow us to deliver clean, renewable energy to premium markets. We are talking about a fairly large volume of investments,” said Satkaliev, answering a question from TASS about the implementation of the project.
According to him, it is planned to use the wind potential of the Caspian zone and the Aral zone for export electricity supplies.
"We have now begun to develop a feasibility study for the project, in accordance with which the construction period will be determined. According to the preliminary design study, it plans to receive preliminary results by the end of the year”, explained the head of the Energy Ministry.
On May 1, the ministers of economy and energy of Azerbaijan, Uzbekistan and Kazakhstan signed a memorandum of cooperation on the integration of the energy systems of the three countries. The memorandum suggests that the participants intend to explore the possibilities of connecting energy systems by laying a high-voltage cable along the bottom of the Caspian Sea and on the territory of other countries with the implementation of the most optimal from a technical and economic point of view from the point of view of trade in green energy from Azerbaijan, Kazakhstan and Uzbekistan. The document is also aimed at the sale of green energy to the countries of the European Union.