Balancing Fossil Fuel Dependency with Green Energy Transition: Azerbaijan's Approach

EasyChair Preprint 12399

Abstract

This research paper examines the approach taken by Azerbaijan in balancing its fossil fuel dependency with the transition to green energy. Azerbaijan, a country heavily reliant on fossil fuel reserves, is facing the challenge of reducing its carbon emissions while also maintaining its energy security and economic stability. The study analyzes the strategies and policies implemented by Azerbaijan to promote renewable energy sources, such as wind and solar power, and to diversify its energy mix. The findings highlight the successes and challenges encountered in this transition process, including the development of renewable energy infrastructure, policy frameworks, and investment opportunities. The research concludes with recommendations for Azerbaijan and other countries seeking to balance fossil fuel dependency with a green energy transition, emphasizing the importance of long-term planning, stakeholder engagement, and international collaboration.

Keyphrases: Energy, Green, transition

@booklet{EasyChair:12399,
  author    = {Kaledio Potter and Favour Olaoye},
  title     = {Balancing Fossil Fuel Dependency with Green Energy Transition: Azerbaijan's Approach},
  howpublished = {EasyChair Preprint 12399},
  year      = {EasyChair, 2024}}