Fagan Abdurahmanov, Deputy Director of the Azerbaijan Renewable Energy Agency (AREA) under the Ministry of Energy, and Habil Abdullayev, Senior Advisor at AREA, participated in the Connectivity Investment Conference on Energy Storage held in Beijing, People's Republic of China.
Renewables.Az reports, citing AREA, that the first day of the conference featured sessions on the current state and trends of China's energy storage sector.
Representatives of leading Chinese companies and the China Energy Storage Alliance (CNESA) delivered presentations on the economic and environmental benefits of large-scale energy storage systems, as well as the economic viability of energy storage solutions, from individual battery cells to complete power plants. Country-specific roundtable discussions were also held with the participation of representatives from Bangladesh, Chile, Kyrgyzstan, Nigeria and Pakistan.
Fagan Abdurahmanov, Deputy Director of AREA, delivered a presentation titled “Development of Renewable Energy and BESS in Azerbaijan” during the “Developing Markets – Part 2” session.
The presentation highlighted Azerbaijan's progress in renewable energy development, prospects for integrating energy storage systems into the country's power system, and opportunities for cooperation with international financial institutions in this field. Following the presentation, questions from conference participants were addressed during a panel discussion.
On the second day of the conference, sessions focused on the current state and trends of the energy sector in developing markets, financing models and investments in energy storage, as well as energy storage policies, regulations and market mechanisms.
The sessions included presentations on the experiences of Fiji, Kazakhstan, Uzbekistan and other countries, along with the design and development of battery energy storage systems (BESS).
