International Energy Outlook 2004
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Azerbaijan 2021 Energy Policy Review Co-Funded by the European Union
Co-funded by the European Union Azerbaijan 2021 Energy Policy Review Co-funded by the European Union Azerbaijan 2021 Energy Policy Review INTERNATIONAL ENERGY AGENCY The IEA examines IEA member IEA association the full spectrum countries: countries: of energy issues including oil, gas Australia Brazil and coal supply and Austria China demand, renewable Belgium India energy technologies, Canada Indonesia electricity markets, Czech Republic Morocco energy efficiency, Denmark Singapore access to energy, Estonia South Africa demand side Finland Thailand management and France much more. Through Germany its work, the IEA Greece advocates policies Hungary that will enhance Ireland the reliability, Italy affordability and Japan sustainability of Korea energy in its 30 Luxembourg member countries, Mexico 8 association Netherlands countries and New Zealand beyond. Norway Poland Portugal Slovak Republic Spain Sweden Switzerland Turkey United Kingdom United States The European Commission also participates in the work of the IEA Please note that this publication is subject to specific restrictions that limit its use and distribution. The terms and conditions are available online at www.iea.org/t&c/ Source: IEA. All rights reserved. International Energy Agency Website: www.iea.org Foreword The International Energy Agency (IEA) has been conducting in-depth peer reviews of the energy policies of its member countries – and of other countries – since 1976, and it recently modernised these reviews to focus on some of the countries’ key energy transition and security challenges. FOREWORD Azerbaijan is one of the focus countries of the EU4Energy programme, which is carried out by the IEA and the European Union along with the Energy Community Secretariat and the Energy Charter Secretariat. -
World Bank Document
Report No. 60180-AZ Public Disclosure Authorized Azerbaijan: Country Environmental Analysis Public Disclosure Authorized Priorities, Public Environmental Expenditures, and Institutional Readiness March 2011 Public Disclosure Authorized Sustainable Development Department Europe and Central Asia Region The World Bank Public Disclosure Authorized Azerbaijan: Country Environmental Analysis Priorities, Public Environmental Expenditures, and Institutional Readiness Contents Abbreviations and Acronyms ........................................................................................................... 6 Acknowledgments ............................................................................................................................ 8 Executive Summary ......................................................................................................................... 9 Introduction .................................................................................................................................... 14 A. The approach ....................................................................................................................... 15 B. Key environmental issues and priority setting .................................................................... 15 C. The State Environment Program ......................................................................................... 20 i. The process of formulation and implementation ............................................................. 20 ii. Selection of -
Caspian Oil and Gas Complements Other IEA Studies of Major Supply Regions, Such As Middle East Oil and Gas and North African Oil and Gas
3 FOREWORD The Caspian region contains some of the largest undeveloped oil and gas reserves in the world. The intense interest shown by the major international oil and gas companies testifies to its potential. Although the area is unlikely to become “another Middle East”, it could become a major oil supplier at the margin, much as the North Sea is today. As such it could help increase world energy security by diversifying global sources of supply. Development of the region’s resources still faces considerable obstacles. These include lack of export pipelines and the fact that most new pipeline proposals face routing difficulties due to security of supply considerations,transit complications and market uncertainties. There are also questions regarding ownership of resources, as well as incomplete and often contradictory investment regimes. This study is an independent review of the major issues facing oil and gas sector developments in the countries along the southern rim of the former Soviet Union that are endowed with significant petroleum resources: Azerbaijan, Kazakstan,Turkmenistan and Uzbekistan. Caspian Oil and Gas complements other IEA studies of major supply regions, such as Middle East Oil and Gas and North African Oil and Gas. It also expands on other IEA studies of the area, including Energy Policies of the Russian Federation and Energy Policies of Ukraine. The study was undertaken with the co-operation of the Energy Charter Secretariat, for which I would like to thank its Secretary General, Mr. Peter Schütterle. Robert Priddle Executive Director 5 ACKNOWLEDGEMENTS The IEA wishes to acknowledge the very helpful co-operation of the Energy Charter Secretariat, with special thanks to Marat Malataev, Temuri Japaridze, Khamidulah Shamsiev and Galina Romanova. -
Azerbaijan Investment Guide 2015
PERSPECTIVE SPORTS CULTURE & TOURISM ICT ENERGY FINANCE CONSTRUCTION GUIDE Contents 4 24 92 HE Ilham Aliyev Sports Energy HE Ilham Aliyev, President Find out how Azerbaijan is The Caspian powerhouse is of Azerbaijan talks about the entering the world of global entering stage two of its oil future for Azerbaijan’s econ- sporting events to improve and gas development plans, omy, its sporting develop- its international image, and with eyes firmly on the ment and cultural tolerance. boost tourism. European market. 8 50 120 Perspective Culture & Finance Tourism What is modern Azerbaijan? Diversifying the sector MICE tourism, economic Discover Azerbaijan’s is key for the country’s diversification, international hospitality, art, music, and development, see how relations and building for tolerance for other cultures PASHA Holdings are at the future. both in the capital Baku the forefront of this move. and beyond. 128 76 Construction ICT Building the monuments Rapid development of the that will come to define sector will see Azerbaijan Azerbaijan’s past, present and future in all its glory. ASSOCIATE PUBLISHERS: become one of the regional Nicole HOWARTH, leaders in this vital area of JOHN Maratheftis the economy. EDITOR: 138 BENJAMIN HEWISON Guide ART DIRECTOR: JESSICA DORIA All you need to know about Baku and beyond in one PROJECT DIRECTOR: PHIL SMITH place. Venture forth and explore the ‘Land of Fire’. PROJECT COORDINATOR: ANNA KOERNER CONTRIBUTING WRITERS: MARK Elliott, CARMEN Valache, NIGAR Orujova COVER IMAGE: © RAMIL ALIYEV / shutterstock.com 2nd floor, Berkeley Square House London W1J 6BD, United Kingdom In partnership with T: +44207 887 6105 E: [email protected] LEADING EDGE AZERBAIJAN 2015 5 Interview between Leading Edge and His Excellency Ilham Aliyev, President of the Republic of Azerbaijan LE: Your Excellency, in October 2013 you received strong reserves that amount to over US $53 billion, which is a very support from the people of Azerbaijan and were re-elect- favourable figure when compared to the rest of the world. -
Planning for Wind Power: a Study of Public Engagement in Uddevalla, Sweden
Planning for Wind Power: A Study of Public Engagement in Uddevalla, Sweden by Michael Friesen A Thesis submitted to the Faculty of Graduate Studies of The University of Manitoba In partial fulfilment of the requirements of the degree of MASTER OF CITY PLANNING Faculty of Architecture, Department of City Planning Winnipeg, MB Copyright © 2014 by Mike Friesen Abstract Despite seemingly widespread support, wind power initiatives often experience controversial development processes that may result in project delays or cancelations. Wind power planning – often derided for ignoring the concerns of local residents – is ideally positioned to engage citizens in determining if and where development may be appropriate. Following the process of a dialogue based landscape analysis in Uddevalla, Sweden, the research endeavours to better understand the ties between landscape and attitudes towards wind power, how concerned parties express these attitudes, and how these attitudes may change through public engagement. In contrast to many existing quantitative studies, the research uses one-on-one interviews with participants of the planning processes to provide a rich qualitative resource for the exploration of the topic. Five themes emerging from the interviews and their analysis, are explored in depth. These themes include: landscape form and function; the expression of public attitudes; changing attitudes; frustration with politicians and processes; and engagement and representation. Consideration is also given to landscape analysis as a method, wind -
Implications of Global Developments Within the Energy Industry in the Caspian and Central Asia Region
IAEE Energy Forum / First Quarter 2019 Implications of Global Developments within the Energy Industry in the Caspian and Central Asia Region Report of the 3rd IAEE Eurasian Conference, 18-20 October 2018 Introduction expansion in Azerbaijan. Oil & gas sector has a leading role in Azerbaijan’s economy, and the State Oil The third IAEE Eurasian Conference on the topic Company of Azerbaijan Republic (SOCAR) and BP are “Implications of global developments within the two main players in the country’s oil & gas sector. energy industry in the Caspian and Central Asia SOCAR has diverse activities in Azerbaijan, covering Region” was held on 18-20 October 2018, in Baku, exploration and exploitation of oil & gas fields, Azerbaijan. It was part of IAEE’s Eurasian conferences st production, processing, transportation and sale of oil, series. The 1 IAEE Eurasian Conference on the topic gas and gas condensate, production of petrochemical of the “Energy Economics Emerging from the Caspian goods, natural gas import & export and overseas Region: Challenges and Opportunities” was held nd sale, as well as the domestic sale of natural gas to on 28-31 August 2016 in Baku, Azerbaijan. The 2 residential and non-residential consumers. SOCAR IAEE Eurasian Conference on the topic of “Energy in also has multilateral regional and international Eurasia: Economic Perspectives on Challenges, Risks business activities, including petrol stations in Ukraine, and Opportunities” was held on 13-14 October 2017, in Switzerland, international trade of oil and oil products, Zagreb, Croatia. ownership and operation of the largest petrol stations The objectives of these conferences were to address chain and the gas distribution networks in Georgia. -
Renewables Rising
©iStockphoto.com/gmcoop Renewables rising Here comes the sun – the wind, hydro and the rest Industry focus — renewables November 2014 Published by Edison Investment Research Renewables rising Sector primer Here comes the sun – the wind, hydro and the rest Industrials 1 With regard to renewables, those lyrics, “Here Comes the Sun”, finally 24 November 2014 seem to be coming to fruition, as evidenced by the recent performance of many companies in the alternative energy/renewables sector. The recent plethora of yield company spin-offs, as well as similarly missioned “total Companies in this report return” companies, has provided visibility to the sector, validating it Abengoa Yield (ABY) further, and offering investors a unique way to play the alternative Brookfield Renewable Energy Partners (BEP) energy/renewables space in terms of both yield and growth potential. Capstone Infrastructure (CSE.TO) While volatility is likely to be high, overall, we are bullish on the alternative Hannon Armstrong Sustainable Infrastructure (HASI) energy/renewables sector, and believe the “total return” concept offers NextEra Energy Partners (NEP) investors the potential for diversification, higher yield and more secured cash flows associated with renewable assets. In this report, we initiate NRG Yield (NYLD) coverage of the alternative energy/renewables sector, and present an Pattern Energy Group (PEGI) overview of climate change, snapshots of the main subsectors and TransAlta Renewables (RNW.TO) spotlights on select “yieldco/total return” companies in the space. TerraForm Power (TERP) Bluefield Solar Income Fund (BSIF.L) We need more… Greencoat UK Wind (UKW.L) Energy and electricity. Despite some progress with energy efficiency, long-term population growth, increased demand for energy as developing countries further Analysts industrialize their economies and finite supplies of fossil fuels will ultimately drive Cynthia Motz, CFA +1 646 653 7026 demand for alternative and renewable sources. -
State Oil Company of the Azerbaijan Republic
STATE OIL COMPANY OF THE AZERBAIJAN REPUBLIC International Financial Reporting Standards Consolidated Financial Statements 31 December 2012 Contents Independent Auditors' Report Consolidated Financial Statements Consolidated Statement of Financial Position ............................................................................................................... 2 Consolidated Statement of Comprehensive Income ...................................................................................................... 4 Consolidated Statement of Changes in Equity .............................................................................................................. 5 Consolidated Statement of Cash Flows ......................................................................................................................... 6 Notes to the Consolidated Financial Statements 1 The Group and its operations ................................................................................................................................ 7 2 Basis of preparation and significant accounting policies ....................................................................................... 7 3 Critical accounting estimates and judgments ...................................................................................................... 20 4 Adoption of new or revised standards and interpretations and new accounting pronouncements ...................... 24 5 Segment information .......................................................................................................................................... -
REPORT Wind Power in Cold Climate
Wind power in cold climate, Appendix – R&D-projects REPORT Wind Power in cold climate 5 September 2011 By: Elin Andersen, Elin Börjesson, Päivi Vainionpää & Linn Silje Undem Revised by: Christian Peterson Approved by: Eva-Britt Eklöf Assignment ref.: 10152935 Dated: 5 September 2011 Wind power in cold climate Revised: Christian Peterson Representative: Eva-Britt Eklöf Status: Final Report REPORT Wind power in cold climate Client Nordic Energy Research Stenbergsgatan 25 N-0170 Oslo NORGE Consultant WSP Environmental Box 13033 402 51 Göteborg Visitors: Rullagergatan 4 Phone: +46 31 727 25 00 Fax: +46 31 727 25 01 WSP Environment & Energy Sweden Corporate identity no.: 556057-4880 Reg. office: Stockholm www.wspgroup.se Contacts Eva-Britt Eklöf Phone: +46 31 727 28 93 Email: [email protected] 0 . 1 r e v 2 (77) Assignment ref.: 10152935 Dated: 5 September 2011 Wind power in cold climate Revised: Christian Peterson Representative: Eva-Britt Eklöf Status: Final Report Table of Contents 1 EXECUTIVESUMMARY............................................................................6 2 INTRODUCTION.....................................................................................10 2.1 Background ......................................................................................................... 10 2.2 Objectives and scope of work .............................................................................. 10 2.3 Methodology ...................................................................................................... -
Republic of Azerbaijan Preparatory Survey on Yashma Gas Combined Cycle Power Plant Project Final Report
Republic of Azerbaijan Azerenerji JSC Republic of Azerbaijan Preparatory Survey on Yashma Gas Combined Cycle Power Plant Project Final Report August, 2014 Japan International Cooperation Agency (JICA) Tokyo Electric Power Services Co., LTD Republic of Azerbaijan Preparatory Survey on Yashma Gas Combined Cycle Power Plant Project Final Report Table of Contents Table of Contents Abbreviations Units Executive Summary Page Chapter 1 Preface ............................................................................................................................ 1-1 1.1 Background of Survey .......................................................................................................... 1-1 1.2 Purpose of Survey and Scope of Survey ............................................................................... 1-1 1.2.1 Purpose of Survey .................................................................................................................. 1-1 1.2.2 Scope of Survey ..................................................................................................................... 1-1 1.2.3 Duration of the Study ............................................................................................................ 1-4 1.3 Organization of the Team ...................................................................................................... 1-6 Chapter 2 General Overview of Azerbaijan .................................................................................. 2-1 2.1 Overview of the Republic of Azerbaijan -
Realizing British Columbia's Second Renewable Electricity Revolution
Realizing British Columbia’s Second Renewable Electricity Revolution An Outlook 2020 Topic Paper prepared by OnPoint Consulting Inc. for the Business Council of British Columbia March 2010 Sponsored by The opinions expressed in this document are those of the authors and do not necessarily reflect those of the Business Council of British Columbia. Permission to use or reproduce this report is granted for personal or classroom use without fee and without formal request provided that it is properly cited. Copies may not be made or distributed for profit or commercial advantage. Executive Summary A renewable electricity revolution is sweeping across the globe. Many jurisdictions are accelerating the development of renewable electricity in response to concerns about climate change, energy security and supporting economic development. The United States is now the fastest growing jurisdiction for renewable electricity; however, China and India are both beginning to make a significant shift toward renewable electricity generation. The growth in renewable electricity is being supported by the rapidly evolving renewable electricity technology. As technology continues to rapidly improve, the cost of renewable electricity is also falling. British Columbia is already a renewable electricity leader, with more than 87% of the province’s generating capacity coming from renewable sources. Much of the province’s renewable electricity generation is based on a massive wave of large hydroelectric facilities constructed between the 1960’s and 1980’s to support the development of electricity‐intensive industries in the province. There is now an opportunity to create a second renewable electricity wave based on smaller renewable electricity (wind, small hydro, geothermal, ocean and biomass). -
Community Wind in Alberta
Status of Social Economy Provision of Wind Electric Energy in Alberta Photo: Wind turbines at Pincher Creek, AB Julie MacArthur BALTA B6 Researcher January 4, 2010 Wind electricity in Canada and Alberta Wind power is one of the fastest growing energy sources in the world and Canada is no exception to this. 2009 was a record year for the development of wind power in Canada and it now occupies the 11th country spot in total installed capacity according to the World Wind Energy Association 2009 report. Total installed capacity in Canada is now at 3,319MW (CanWEA, 2009a1), which is up from 2,370MW at the end of 2008 (40% increase) and 1,770MW in 2007 (StatsCan, 2009). Every province now has some installed capacity (with the opening of Bear Mountain Wind Park in Dawson Creek, BC). In fact, using the CanWEA numbers, installed capacity from 2000 to 2009 grew at an average of 40% every year. According to a CanWEA press release “current provincial targets and policy objectives would result in a further quadrupling of installed wind energy capacity in the next six years” (CanWEA, 2009a). While this growth is impressive, it is important to keep in mind that Canada still has one of the most underdeveloped wind resources in the world. Germany, for example, which is 28 times smaller than Canada has 10 times more installed wind capacity (Valentine 2009, p.3). Only 0.6 per cent of Canada’s total electricity production in 2008 was from wind and tidal sources (NEB, Source: CanWEA 2009(http://www.canwea.ca/farms/index_e.php) 2009, p.43- see table 1).