TODAY.AZ / Business

Azerbaijan cuts electricity exports over 17%

19 June 2014 [09:00] - TODAY.AZ
In January-May 2014, Azerbaijan exported about 289.1 million kilowatt hours of electricity based on customs declaration, which is 17.4 percent less than the same period last year. For comparison, about 350.01 million kilowatt hours was exported in January-May 2013, according to the statistical report of the State Customs Committee.

Azerbaijan exported electricity totaling $13.41 million in January-May compared to $13.93 million for the same period last year (a decrease of 3.7 percent), the report said.

In 2013, Azerbaijan exported over 595.67 million kilowatt hours of electricity on customs declaration totaling $24.85 million versus 482.7 million kilowatt hours worth about $24.76 million in 2012.

The main producer of electricity in Azerbaijan is "Azerenergy" JSC which has on the balance sheet of more than 200 substations with capacity of 500, 330, 220 and 110 kV / amp, as well as, eight hydroelectric plants and 13 thermal power plants.

The capacity of electricity energy generation system of Azerbaijan has increased by 30 percent over the past five years. At present, the figure is 7105 megawatts, which allows to produce annually about 24 billion kilowatt / hours of electricity, which in turn allows the country to export annually 2.1 billion kilowatt / hours of electricity.



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