2024-10-01 11:13:29
The world needs a significant upgrade of its energy grids.
As Day.Az reported on Tuesday with reference to Trend, the vice president of SOCAR said this Afgan Isaev during a round table at an international conference within the framework of Climate Action Week in Baku.
“The entire world is in need of a significant upgrade of the grid. The grid requires faster energy storage solutions and automated generation control systems. Certain technologies, software and related skills are required for priority dispatch. Additional educational resources or a combination of both are needed. Therefore, there is a huge demand for modernization networks around the world, which, in my opinion, represents a huge opportunity,” he emphasized.
Isaev mentioned that significant efforts are being made to explore a corridor that would allow Azerbaijan to send green electricity to European markets.
It should be noted that Climate Action Week runs from September 30 to October 4, 2024 and is being held in Baku for the first time.
The event will form the basis of the climate agenda ahead of COP29 in Baku in November.
Climate Action Week brings together key stakeholders from a range of sectors such as politics, finance, trade, investment, science, arts, culture, civil society and media.
The first half of the week (September 30 – October 2) will focus on climate solutions involving government agencies, academia and the private sector. In the second half (October 3-4), the emphasis will be on science, education, art, culture and other sectors.
As part of climate week, many events are organized in different parts of the city.