The annual meeting of the European Bank for Reconstruction and Development (EBRD) in London highlighted Azerbaijan's growing role in the development of alternative energy sources, particularly focusing on the country's potential to produce 'green' hydrogen powered by Caspian wind energy for export to EU markets. Azerbaijan has been actively commercializing its renewable energy potential, aiming to increase its share in total generation to 32% by 2028 through the construction of new hydro, solar, and wind plants. Minister of Economy Mikayil Jabbarov emphasized Azerbaijan's ambition to become a regional hub for green energy, driven by economic feasibility. The country plans to export renewable energy to Europe through initiatives like the Black Sea Energy underwater electric cable project with Georgia, Romania, and Hungary. Additionally, Azerbaijan aims to tap into its vast offshore wind power potential in the Caspian Sea to produce 'green' hydrogen. The Deputy Minister of Energy highlighted the importance of hydrogen as a form of energy storage and commodity, especially in conjunction with excess renewable electricity production. Azerbaijan is also exploring the production of 'blue' hydrogen using natural gas and carbon capture technology. Collaborating with EBRD, the country is working on a long-term strategy for hydrogen energy, leveraging its natural resources and infrastructure for sustainable growth.