Perspectives for Transition to Green Energy in some Regions of Azerbaijan: System Dynamics Approach

In the paper, the possibilities of transition to the green economy in the areas freed from occupation and large construction works for resettlement, the development of green energy in these areas, and the modeling of the investments required for this purpose for the next 15-25 years have been performed. The System Dynamics simulation method was applied for modeling. The presented model allows calculating the amount of savings in gas resources, the number of "green jobs" created and the economic profit as a result of using the potential of solar energy in areas free from occupation. The paper assesses the resource, technical, and economic potential of solar energy to fully meet the electricity demand through "green energy" in the liberated and rapidly developing East Zangezur and Karabakh economic regions. These projects will be carried out over 15 to 25 years, depending on investment availability and policy changes. According to the results, these regions have abundant solar radiation, and an investment of 2.5 billion manats, required to meet the region's electricity needs through solar energy, could yield significant results in a short period of time.