Baku, October 27, AZERTAC
Fagan Abdurahmanov, Deputy Director of the State Agency for Renewable Energy Sources under the Ministry of Energy, and Senior Advisor at the Agency Habil Abdullayev participated in the Connectivity Investment Conference on Energy Storage held in Beijing, China.
On the opening day of the conference, representatives from leading Chinese companies and China Energy Storage Alliance (CNESA) delivered presentations on the economic and environmental benefits of large-scale energy storage systems, as well as profitability metrics spanning from individual battery cells to entire power plants.
Furthermore, round-table discussions were organized across the country with the participation of representatives from Bangladesh, Chile, Kyrgyzstan, Nigeria, and Pakistan.
The second day of the conference featured sessions on the state and trends of the energy sector in developing markets, financial models and investments for energy storage, as well as policies, regulations, and market mechanisms related to energy storage.
During the sessions, presentations were delivered on the experiences of Fiji, Kazakhstan, Uzbekistan, and other countries, as well as on the design of battery energy storage systems (BESS).
Deputy Director Fagan Abdurahmanov delivered a presentation titled “Advancing Renewable Energy and BESS in Azerbaijan” as part of the “Developing Markets – Part 2” session.
The presentation highlighted the measures undertaken in Azerbaijan to develop renewable energy sources, prospects for integrating energy storage systems into the country’s energy system, as well as opportunities for cooperation with international financial institutions in this field.
Source: azertag.az
scorpion.az