Uzbekistan, Azerbaijan, and Kazakhstan Join Forces for Green Energy Corridor
Uzbekistan, Kazakhstan, and Azerbaijan Sign Agreement to Establish “Green” Energy Corridor
Uzbekistan, Kazakhstan, and Azerbaijan have officially signed an agreement to create a “green” energy corridor, enabling the export of renewable electricity to European markets. The agreement, signed on December 27 through a videoconference by representatives of the National Power Grids of Uzbekistan, Kazakhstan Electricity Grid Operating Company (KEGOC), and Azerenerji, is a result of a trilateral agreement made by the presidents of the three countries in November.
The energy corridor will involve transmitting electricity across the Caspian Sea to the European Union. Uzbekistan’s Ministry of Energy stated that participating in the EU’s “Green Deal” initiatives will enhance the country’s foreign trade opportunities.
Deputy Minister of Energy Umid Mamadaminov previously announced plans for Uzbekistan to export surplus electricity to Europe, estimating an annual export potential of 10–15 billion kWh. The project includes laying a high-voltage underwater cable across the Caspian Sea, connecting through Azerbaijan and Georgia, and extending under the Black Sea to Romania. Italian consulting firm CESI has been tasked with preparing a preliminary feasibility study, expected to be completed by late 2025, with a projected total cost exceeding $2 billion.
The price for exported electricity will be determined by market conditions, with a minimum estimated price of 4–5 cents per kilowatt-hour. To meet export demands, new isolated power generation facilities will be constructed, ensuring no strain on Uzbekistan’s existing energy systems. The project is expected to deliver between 2 and 5 GW of electricity, depending on the capacity of the underwater cable and agreements with international partners.
Energy Minister Jurabek Mirzamakhmudov emphasized that the energy corridor will support international demand for renewable energy without compromising domestic energy needs, aligning with global sustainability goals. A joint venture in Baku was established to coordinate green energy exports to Europe, marking a significant step toward economic cooperation among Uzbekistan, Kazakhstan, and Azerbaijan, while promoting renewable energy priorities on a global scale.
