Euronews: New agreement ‘green energy corridor’ signed among Georgia, Azerbaijan, Bugaria and Turkiye could help Eastern Europe kick fossil fuels

A new route for supplying electricity from the Caspian Sea region to Eastern Europe could help EU countries reduce their dependence on fossil fuels, Euronews reported on the new agreement ‘green energy corridor’ signed among Georgia, Azerbaijan, Bugaria and Turkiye.

According to Euronews, by linking the South Caucasus and Eastern Europe, the four nations intend to diversify transmission routes and ensure long-term regional energy security.

The partnership was signed at the COP31 climate summit on November 10. The goal is to physically integrate renewable grids across multiple countries and establish a direct electricity transit route from the Caspian Sea to European markets.

The core objective is to develop a high-capacity transmission network that exports wind and solar energy generated in the Caspian basin directly to Eastern and Central Europe.

“The partnership directly addresses Eastern Europe’s urgent macroeconomic mandate to diversify energy imports and reduce historical reliance on legacy fossil fuel corridors.

Integrating the South Caucasus power network directly with Bulgaria establishes a vital new energy artery into the broader European Union grid.

Establishing a dedicated Green Energy Corridor will provide European consumer markets with a stable, alternative supply of decarbonised electricity,” Euronews said.