The cost of the “green energy corridor” to Europe is estimated at over $2 billion, deputy minister of energy Umid Mamadaminov said. By 2030, Uzbekistan plans to export 10−15 billion kWh to European countries.
Uzbekistan plans to establish a legal framework for the carbon market and carbon pricing mechanisms by the end of the year, deputy energy minister said. Leaders of Uzbekistan, Azerbaijan and Kazakhstan are expected to sign an agreement on “green corridor” to Europe at COP29 this week.
Sign up for additional features