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Last November , w hen Azerbaijan hosted COP29 , the United Nations annual climate summit , i t was a sort of coming-out party for the country. Azerbaijan built its economy on its abundant fossil fuels. Masdar Over the past decade, though, Azerbaijan has tried to green up its energy sector.
We will support efforts to achieve the road transport breakthrough announced by world leaders, which aims to make zero emission vehicles the new normal by making them accessible, affordable and sustainable in all regions by 2030. … The declaration is not legally binding and is focused on a global level. —COP 26 Declaration.
The plan is to produce green hydrogen exclusively using electricity from renewable sources direct from the grid in Freienbach. The existing gas grids represent the ideal infrastructure to introduce renewable energies into the heating market. The planned hydrogen production facility will also play a pioneering role in other respects.
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