Type State-owned enterprise Headquarters Baku, Azerbaijan | Founded 1996 Area served entire country | |
Industry Electricity generation and transmission Key people Etibar Pirverdiyev, CEO | ||
Azerenergy (Azerenerji Joint Stock Company (JSC)) is the largest electrical power producer in the Republic of Azerbaijan. It also maintains the largest distribution network in the country, although the regional power networks are being privatized. Azerenergy was recreated as a state-owned joint stock company in 1996, by decree of President Heydar Aliyev.
Power generation
Azerenergy operates the following hydroelectric plants: Mingechevir Hydro Power Plant in Mingachevir on the Kura River, renovated in 2001, 360 MW; Varvara Hydro Power Plant at Varvara on the Kura River, 16 MW, in need of reconstruction; Shamkir Hydro Power Plant near Şəmkir on the Kura River, completed in 1982, 380 MW; Yenikand Hydro Power Plant, completed in 2000, 150 MW; Araz Hydro Power Plant; and Vaykhir. The 25 MW Fuzuli Hydro Power Plant is under construction in the Fizuli Rayon near the Bash Mil canal.
Majority of Azerenergy electrical generation is done at thermal power plants where fossil fuels, mostly heavy fuel oil and natural gas, are used to power steam turbines or gas turbines. Coal powered generation ceased in 1991. Azerenergy has no nuclear power nor geothermal generating capacity. The thermal power plants of Azerenergy are: Azerbaijanskaya, natural gas powered, under reconstruction, 2,400 MW; Shirvan; Shimal Power Plant; Baku ThermoPower Centre, cogeneration reconstruction completed in 2001, 110 MV; Severnaya Gas Combined Cycle Power Plant; Babek Power Plant; Astara Power Plant; Shaki Power Plant; Khachmaz Power Plant, natural gas powered, completed 2006, 90 MW; Nakhichevan Power Plant; Baku 3 Power Plant, natural gas powered, completed in 2007, 108 MW; Sangachal Power Plant; Shahdagh Power Plant; and Sumgait Power Plant.