Azerbaijan Energy Information
Azerbaijan Key Figures
GDP growth rate: -4.0 %/year
Energy independence: 100%
Data of the last year available: 2020
CO2 Emissions: 3.32 tCO2/capita
Rate of T&D power losses: 8.49%
* at purchasing power parity
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Azerbaijan Related News
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Azerbaijan Related Research
Total Energy Consumption
Per capita consumption is around 1.5 toe in 2020, including 2 170 kWh of electricity.
Total energy consumption increased at the rapid pace of 4%/year between 2010 and 2016; it remained stable throughout 2016-2018 (14 Mtoe) and increased by 9% in 2019 and dropped by 3% in 2020 to 15.5 Mtoe.
The energy intensity of GDP has been decreasing sharply since 1990 (12% per year over 2000-2010 and 2.3%/year over 2010-2019); in 2020 it was 75% lower than in 1990 and only 8% above the EU's level at purchasing power parity.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Interactive Chart Azerbaijan Total Energy Consumption
Crude Oil Production
Oil production has been regularly decreasing since 2010 (by around 4%/year, from 51 Mt to 34.5 Mt in 2020 (-32%). Previously, foreign investments greatly boosted the country's oil production, which more than tripled between 2004 and 2010, partly with the start of the Shah-Deniz field in 2006.
Interactive Chart Azerbaijan Crude Oil Production
Renewable in % Electricity Production
AREA, the Azerbaijan Renewable Energy Agency, replaced in 2020 SAARES (the State Agency on Alternative and Renewable Energy Sources) to develop and implement renewable energy projects, along with various companies. The main objective of the agency is to increase the share of renewables in the power capacity up to 30% by 2030.
Alternative energy projects are funded through the Azerbaijan Investment Company (AIC) that was established in 2006.
Companies operating in the renewable energy sector are exempt from customs duties and taxes.
Interactive Chart Azerbaijan Share of Renewables in Electricity Production (incl hydro)
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CO2 Fuel Combustion/CO2 Emissions
In its first NDC, Azerbaijan made a commitment to reduce its level of GHG emissions by 35% by 2030 compared to 1990.
CO2 emissions from energy combustion slightly decreased in 2020 to around 33.6 MtCO2, after a rapid growth in 2019 (+9%). They increased by 7%/year between 2010 and 2014 and then remained rather stable between 2014 and 2018.
Graph: CO2-ENERGY EMISSIONS (MtCO2)
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