UK-based consultancy BVG Associates is working with the Government of Azerbaijan and the World Bank to assess Azerbaijans offshore wind potential.<\/p>\n
As reported, Azerbaijan recently signed a memorandum of understanding (MoU) with the World Banks International Finance Corporation (IFC) to cooperate on the use of offshore wind energy.<\/p>\n
BVG Associates work will develop a roadmap for offshore wind, which is one of the key objectives of the MoU. <\/p>\n
Other objectives of the MoU include the promotion of renewable energy use and supporting private sector participation to improve the energy sectors financial sustainability and efficiency.<\/p>\n
BVGA will work with the World Bank team to establish the best locations for Azerbaijan offshore wind. <\/p>\n
The ranking of suitable wind energy areas will identify preferred development areas, including a demonstration project. <\/p>\n
The roadmap will combine geospatial analysis, cost modelling and economic analysis, supply chain and infrastructure assessment, consideration of social and environmental impacts, and detailed industry and stakeholder consultation.<\/p>\n
BVGA will lead the delivery of the roadmap through 2021 with technical support from Atkins and Encotec in Azerbaijan.<\/p>\n
A recent study carried out by Aegir Insights estimated Azerbaijans technical offshore wind potential in the Caspian Sea at 170 GW.<\/p>\n
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BVG Associates to Gauge Offshore Wind Potential in Azerbaijan - Offshore WIND<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" UK-based consultancy BVG Associates is working with the Government of Azerbaijan and the World Bank to assess Azerbaijans offshore wind potential. Continue reading