Global energy consumption, including fossil fuels and renewables, is increasing, challenging the notion of a rapid energy transition. Experts at Baku Energy Week discussed expanding renewable capacity while maintaining hydrocarbon use for energy security and export revenues.
Baku Energy Week 2026 opened with Azerbaijan's President Ilham Aliyev emphasizing the continued need for fossil fuels while advocating for parallel investment in renewables. Discussions focused on AI, gas geopolitics, and emissions reduction, highlighting the oil and gas sector's modernization efforts.
Baku Energy Week 2026 focused on AI, upstream investment, and gas security, showcasing how energy companies are adapting to geopolitical uncertainty through automation, digital infrastructure, and emissions reduction.
President Erdoğan sent a message to the Baku Energy Week, emphasizing the strategic importance of energy cooperation with Azerbaijan. He highlighted joint projects like BTC, TANAP, and the Iğdır-Nakhchivan pipeline, and expressed hope for future collaborations including Turkmen and Kazakh gas exports and regional green energy initiatives.
