BAKU, Azerbaijan, October 22. A session
presenting the results of the feasibility study for the
Caspian-Black Sea-Europe Green Energy Corridor was held as part of
a forum on the project in Baku, the Azerbaijani Ministry of Energy
announced.
During the session, international engineering and consulting
company CESI presented the key findings of its technical and
economic feasibility study. Andrea Meola, the company's director of
global markets and business development, and Filippo Del Grosso,
chief energy advisor, outlined the project's technical parameters,
economic indicators and implementation prospects.
It was noted that the completion of the feasibility study for
the project, which involves Azerbaijan, Georgia, Romania and
Hungary, marks an important milestone in its development.
The study's findings provide a basis for structuring the
project's commercial model, assessing financing options and
preparing for the final investment decision.
