Masdar Names Central Asia–Europe “Green Energy Corridor” a Strategic Project

Tashkent, Uzbekistan (UzDaily.com) — Abu Dhabi Future Energy Company PJSC, Masdar, a global leader in clean energy, has described the project to create a “green energy corridor” from Central Asia to Europe as an outstanding and highly strategic initiative, said Masdar’s Chief Operating Officer Abdulaziz Alobaidli during Abu Dhabi Sustainability Week.

“We support this project not only because it creates investment opportunities for us, but also because, as specialists in cross-border electricity connections and energy trading, we consider it a key direction,” he emphasized. Alobaidli noted that the project increases electricity demand while also partially compensating for the intermittency of renewable energy sources.

On 13 November 2024, at the COP29 summit in Baku, Uzbekistan, Kazakhstan, and Azerbaijan signed a Strategic Partnership Agreement on the development and transmission of green electricity. The project aims to export green energy from Central Asian countries to Europe.

As part of the green energy corridor initiative, the three countries signed a founding agreement on 27 December via videoconference, involving the main grid operators — Azerenerji (Azerbaijan), KEGOC (Kazakhstan), and the National Electric Grid of Uzbekistan. The document supports the implementation of the agreement reached by the three presidents on 13 November and seeks to expand electricity trade opportunities in line with new initiatives such as the European Union’s Green Deal, which targets net-zero greenhouse gas emissions and full environmental safety by 2050.

In 2025, Uzbekistan, Kazakhstan, and Azerbaijan established the joint venture Green Corridor Union LLC to implement the project, with its headquarters in Baku. Italian firm CESI will serve as a consultant and prepare a technical and economic feasibility study.

Starting in 2030, Uzbekistan plans to export surplus green electricity generated domestically to Europe via Kazakhstan and Azerbaijan. The energy route involves laying a cable across the Caspian Sea, through Azerbaijan and Georgia, and then under the Black Sea to Romania. New generating capacities will be constructed to operate independently of existing national grids to avoid additional strain.

On 6 November, Deputy Minister of Energy of Uzbekistan, Umid Mamadaminov, stated at the European Economy Days in Tashkent that by 2030 the country will be able to export 10–15 billion kWh of electricity annually. “Forecasts indicate that domestic electricity demand in Uzbekistan will reach around 120–125 billion kWh by 2030. We have approximately 135 billion kWh of generating capacity. All surplus will be exported to Europe once the infrastructure is ready,” he said.

In August, Minister of Energy Jurabek Mirzamahmudov noted that the volume of electricity exports to European countries will depend on the cable’s transmission capacity and the readiness of partner countries. He emphasized that Uzbekistan fully meets domestic electricity demand and is prepared to supply Europe with 2 to 5 GW.