October 15, 2024
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Green Energy Corridor nears critical milestone: Hungary and Romania push for renewable energy from South Caucasus

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The Green Energy Corridor initiative, aimed at bringing green energy from the South Caucasus to Europe, is approaching a critical stage, according to Hungarian Foreign Minister Péter Szijjártó. The project focuses on enabling Hungary and Romania to import renewable electricity from Azerbaijan and Georgia, particularly from Azeri wind power and Georgian hydropower. This is seen as key to ensuring energy security and sustainability in an increasingly uncertain global environment.

The project also includes nuclear and solar capacity expansion in Hungary, and both Romania and Hungary are building infrastructure for this energy link, with a new high-voltage interconnector expected to be completed by 2028-29. Szijjártó emphasized the need for EU financial support for this ambitious initiative, which involves the world’s longest underwater electric power cable.

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