Sustainability on Energy Governance: Recent Trends of the Electricity Sector in Azerbaijan

Abstract

 Our aim is to analyze sustainability on energy governance, recent trends of the electricity sector in Azerbaijan, in particular, the degree of efficiency of the electricity system and the tariff structure to give recommendations for future development and perspectives of energy sector development in Azerbaijan. We argue that government policy should be oriented towards identification of those factors that seek energy efficiency for sustainable development, uncover several laws, ensuring energy security, and encourage electricity market. Besides that by comparing electricity tariffs in Azerbaijan with some other European countries, we find advantages in the Azerbaijan-EU partnership on the energy field, thus we propose appropriate forms of cooperation regarding to European Neighborhood