A large-scale transformation of the global energy system is
essential if the world is to keep global warming within the 1.5°C
target by 2030, said Azerbaijani Minister of Energy Parviz
Shahbazov during the Baku Climate Action Week,
Azernews reports.
Speaking at the event, Shahbazov outlined the scale of change
required to meet the goals of the Paris Agreement.
“To stay on track with the Paris Agreement, the world must
increase its renewable energy capacity to 11,000 gigawatts by 2030,
expand energy storage to 1,500 gigawatts, build or upgrade 25
million kilometers of power grids, and develop new energy corridors
connecting generation and consumption centers,” the minister
stated.
He noted that while 582 gigawatts of new renewable energy
capacity – referred to as “green power” – was added globally in the
past year alone, this is not enough to meet the required pace of
change.
“According to IRENA, a 16.6% annual growth rate in renewable
capacity is needed to achieve these targets,” Shahbazov
emphasized.
The minister also pointed out that a sustainable energy
transition cannot succeed without significant investment in modern
grids, storage systems, and efficient transmission
infrastructure.
“Advancing clean energy requires more than just increasing
capacity – it demands smarter, more resilient systems to store and
transmit energy reliably,” he said.
The Baku Climate Action Week brings together policymakers,
industry leaders, and climate experts to discuss concrete steps
toward achieving global climate and energy goals. Azerbaijan is set
to host the 2025 UN Climate Change Conference (COP29), further
positioning itself as a key player in the global energy and climate
dialogue.