Azerbaijan eyes EU-level hydrogen prices in drive to expand export markets [ANALYSIS]

Azerbaijan eyes EU-level hydrogen prices in drive to expand export markets [ANALYSIS]


Azerbaijan eyes EU-level hydrogen prices in drive to expand export markets [ANALYSIS]


Azerbaijan eyes EU-level hydrogen prices in drive to expand export markets [ANALYSIS]

Nazrin Abdul

The study concluded that Azerbaijan’s abundant offshore wind and solar potential, combined with access to depleted oil and gas fields, provides a cost-effective basis for hydrogen production and carbon storage. The EBRD emphasized that with optimized renewable integration, Azerbaijan could produce hydrogen at prices competitive with EU markets – a critical condition for long-term export viability.

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