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Can a New Power Link Boost the EU’s Energy Independence?

Cars That Think

At the moment, the Caucasus nations dont produce enough renewable electricity to export it, so they would have to build at least three times more capacity. In 2016, for example, the country set a goal of sourcing 20 percent of its energy from renewables by 2020. Azerbaijan built its economy on its abundant fossil fuels.

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Azerbaijan Plans Caspian-Black Sea Energy Corridor

Cars That Think

The country is promoting a grand, multi-nation plan to generate renewable electricity in the Caucasus region and send it thousands of kilometers west, under the Black Sea, and into energy–hungry Europe. For Azerbaijan, most of the electricity would be generated by wind and solar farms funded by foreign investment. is realistic.”