Azerbaijan, Russia, Iran agree on joint development of feasibility study for North-South project

Azerbaijan, Russia, Iran agree on joint development of feasibility study for North-South project

Economy
14 August 2019, 18:55 283
On August 12, Russia, Azerbaijan and Iran entered into an agreement on the joint development of a feasibility study for a project to create a North-South energy corridor between the energy systems of the three countries, Trend reports referring to Russia’s System Operator of the Unified Energy System JSC.
It was noted that the parties of the agreement included the System Operator of the Unified Energy System JSC and Rosseti PJSC from Russia, Azerenergy OJSC from Azerbaijan, and Iran Power Generation and Transmission Company (TAVANIR) from Iran.
"It is planned to study the technical and economic aspects of the various conditions for connecting the energy systems of Russia, Azerbaijan and Iran as part of the development of the feasibility study, as well as to look into transferring electricity through the power lines of the countries participating in the agreement, including taking into account a phased increase in the volume of electricity transmission," the information reads.
As reported, the results of the study will determine the requirements for relay protection and emergency automation systems, as well as for systems for stability reserve monitoring, communication systems and telemetry information exchange, and technical measures to be implemented in the energy systems of Russia, Azerbaijan and Iran.
According to the System Operator of the Unified Energy System JSC, an assessment of both the economic feasibility of connecting the energy systems of the countries participating in the agreement and of the effectiveness of various ways of implementing the North-South (Azerbaijan-Iran-Russia) energy corridor will be made based on a comprehensive analysis of the current status and development prospects of the energy systems of the three countries, as well as their links with the energy systems of neighboring countries.