Foreign Minister Szijjártó Reports Advancement in Green Energy Project
Hungary’s Push for Green Energy Project with Azerbaijan, Georgia, Romania, and Bulgaria Gains Momentum
Hungary’s Foreign Minister Péter Szijjártó recently announced in Bucharest that a critical green energy project involving Azerbaijan, Georgia, Romania, and Hungary is making significant progress towards its “point of no return.” This initiative aims to enhance energy security and promote sustainable practices in the region.
According to Mr. Szijjártó, energy security plays a pivotal role in national security, especially in today’s era of global challenges. The Hungarian government is committed to ensuring a stable and secure energy supply while prioritizing environmental sustainability.
The strategy of the project is based on four key pillars: expanding nuclear capacity, developing solar power, cooperating with reliable energy suppliers, and exploring new transportation routes. The Green Energy Corridor project is set to import green electricity from Azerbaijan and Georgia to Central Europe, benefiting countries like Hungary, Romania, and potentially Bulgaria.
One of the main components of the project is the construction of a new high-voltage power line in Romania, which is projected to reach the Hungarian border by 2028-2029. A joint company will be established by the electricity companies of the participating nations, and a feasibility study is expected to be completed by 2025. If realized, the project will involve the construction of a record-breaking 1,100-kilometer undersea pipeline.
Mr. Szijjártó highlighted the green aspect of the project, stating that “nothing could be greener than wind energy from Azerbaijan and hydropower from Georgia.” He stressed the importance of energy sovereignty for all participating countries to ensure a stable, sustainable, and affordable energy supply.
The Foreign Minister also called for support from the European Union, expressing hope that the EU would make a serious commitment to diversification and provide financial assistance to the project. The Green Energy Corridor project represents a major milestone in Hungary’s efforts to diversify its energy sources and enhance regional energy security.
By harnessing wind energy from Azerbaijan and hydropower from Georgia, the initiative aims to deliver sustainable and affordable electricity to Central European countries. This project marks a significant step towards achieving a greener and more secure energy future for the region.
