Economical aspects of transition to the “green” energy

Abstract

In the “green economy” concept, issues of sustainable economic development are given special attention. Restructuring of the energy task is considered the most important sector for achieving the goals of sustainable economic development of the economic system. Hydrogen, as an energy carrier, will be one of the leading characters of the upcoming energy transition towards achieving carbon neutrality of global economies and combating climate change. To this end, it is vital to eliminate emissions in areas that are currently difficult to electrify, where hydrogen demonstrates its potential. The favorable geographical position and climatic conditions of Azerbaijan allow the widespread use of ecologically clean alternative (renewable) energy sources in our country