AZERBAIJAN: LEGAL ASPECTS OF INVESTMENT AND PERSPECTIVE DEVELOPMENT OF RENEWABLE ENERGY

Ministerial Conference the Eighth International Forum on Energy for Sustainable Development MEETING THE CHALLENGE OF SUSTAINABLE ENERGY
“Functions of the Agency in the field of regulation of the area of renewable energy 
• Ensures the implementation of public policy;
• Participating in the preparation of normative acts and documents;
• Application RES in the economic and social sphere;
• Provide accounting of producers;
• Maintaining state cadaster;
• Participating in the formation of tariffs.”

International Pavilions / Participating countries / Azerbaijan

Introduction:
The Country of Flames – Energy Transmitted from the Past to the Future” that is the way from traditional types of energy to the alternative ones. This way from the past to the present and subsequently to the future of Azerbaijan is an estimable continuation of the historic Silk Way. Along the symbolic ‘Way” by virtue of various information carriers, visitors will acquaint themselves with the history of Azerbaijan, its culture, science, economy and alternative energy sources in contemporary Azerbaijan, and also the work done just in the field of generation and consumption of solar energy, that of wind, water etc.” Source: https://expo2017astana.com/en/page_id=1212

Below sections were taken a presentation by:
Anar Suleymanov, Head of Law and International Relations Department
The State Agency on Alternative and Renewable Energy Sources of the Republic of Azerbaijan

“Renewable Energy Investment Show Cases and Prospects” (REISCPs) 13-14 June 2017 in Astana, Kazakhstan”

Macroeconomic indicators of Azerbaijan Republic (2016)

azerbaijan-expo2017-anar- suleymanov-eng

For the full presentation, please click on the image. 

Azerbaijan Expo2017 Astana: Investment promotion

  • On the establishment of Boards of Appeal at central and local executive bodies
  • Decree «On additional measures related to investment promotion» on 18 January 2016
  • Decree “On additional measures to promote the non-oil export” оn 1 March 2016
  • Decree on 20 April 2016 «Rules For Issue of Investment Promotion Certificate»
  • Decree оn 13 July 2016 about creation of «Commission to ensure the sustainability of the recently achieved rapid development»
  • Decree on 20 April 2016 about creation of «Center for Analyses of Economic Reforms and Communications»
  • Decree оn 6 December 2016 approved «Strategic road maps for the national economy and main economic sectors» (slide 17)

• Regulation of investments by multilateral and bilateral international treaties
• Joining the international agreements:• The Convention on the Settlement of Investment Disputes between States and Nationals of Other States,
• The Convention Establishing the Multilateral Investment Guarantee Agency,
• Convention on the Recognition and Enforcement of Foreign Arbitral Awards,
• CIS Convention on Protection of Investor Rights and etc.Cooperation with international organizations:
  • EBRD, ADB, WB, IDB, IFC,
  • UNIDO, UNECE, UNCTAD, UNDP
  • EU, ECB, OSCE, OIC, CIS
  • IEA, IRENA, WEC
  • KfW, JICA, KOICA, TICA
“Functions of the Agency in the field of regulation of the area of renewable energy 
• Ensures the implementation of public policy;
• Participating in the preparation of normative acts and documents;
• Application RES in the economic and social sphere;
• Provide accounting of producers;
• Maintaining state cadaster;
• Participating in the formation of tariffs.”

 

 

 

 

 

Anar Suleymanov,
Head of Law and International relations Department The State Agency on Alternative and Renewable Energy Sources of the Republic of Azerbaijan

 

 

 

 

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