What is it about?

Preponderance of industrial states is completely dependent on energy to fuel their economies. Besides, globalization has made the world to be so interconnected and interdependent that the energy industry is the biggest contributor of the climate change which doesn't affect a single country but have far wider implications. The growing awareness of the security of energy supply and climate change challenges associated with fossil fuels has triggered countries around the globe to find alternative energy resources. As a post-soviet country, the economy of the Azerbaijan Republic significantly based on oil production which is the biggest threat to sustainable energy development.

Featured Image

Why is it important?

In this regard, the principal purpose of this research is to explore the sustainable energy development in Azerbaijan through the transition to renewable energy and propose appropriate measures for policy framework.


Above all, Azerbaijan's dependency on the fossil fuel is the biggest obstacle for the long term economic growth due to decrease in oil prices and the depletion of oil resources. The combination of these newly emerged challenges give impetus for Azerbaijan to diversify its economy via a green economy that will pave a way for the long term economic stability while addressing environmental and social concerns in the country [15].

Professor Elchin Suleymanov
Baku Engineering University

Read the Original

This page is a summary of: Review of energy-growth nexus: A panel analysis for ten Eurasian oil exporting countries, Renewable and Sustainable Energy Reviews, June 2017, Elsevier, DOI: 10.1016/j.rser.2017.01.140.
You can read the full text:



The following have contributed to this page