Azerbaijan proposes routing Turkmen electricity to Europe across Caspian

Azerbaijan has proposed routing Turkmen electricity to European markets through its territory, a plan announced by Deputy Energy Minister Kamal Abbasov at the OGT 2026 conference in Ashgabat. The article presents the initiative as a way to turn the Caspian Sea from a barrier into a power link for Turkmen generation.

According to the article, Turkmenistan has about 7.5 gigawatts of installed capacity and produces over 28 billion kilowatt-hours a year, while domestic consumption is around 19 billion. Initial exports through a Caspian high-voltage direct current link could carry 2 to 3 gigawatts, roughly 10 billion kilowatt-hours annually.

Azerbaijan would earn wheeling charges of 0.010 to 0.015 US dollars per kilowatt-hour. The article estimates these fees at 75 million US dollars a year for 5 billion kilowatt-hours and 150 million for 10 billion. A 2.5 billion US dollar construction investment in cabling, converter stations and grid upgrades is also foreseen.