E3S Web Conf.
Volume 216, 2020Rudenko International Conference “Methodological problems in reliability study of large energy systems” (RSES 2020)
|Number of page(s)||6|
|Published online||14 December 2020|
Comparative analysis of the trend in the stability and efficiency of the performance of energy sector of Azerbaijan
Azerbaijani Research and Design–Prospecting Institute of Energetics,94, Zardabi, Baku, Azerbaijan
* Corresponding author: email@example.com
Methodological and practical aspects of determining the trends in the stability and efficiency of the energy sector of Azerbaijan for 2013-2018, based on the methodology presented by the World Energy Council (WEC) and the World Economic Forum (WEF) are analyzed in the paper. The basis of the methodology for assessing the stability and efficiency of the energy sector is the developed method of use of energy tetrahedron, where the vertices are economic growth and development, energy security and energy accessibility and environmental sustainability, where a set of indicators with their weight coefficients is used to evaluate each of the subsystems. The number of indicators and, naturally, the weight coefficients are adjusted with time for the most complete taking into account of all the features of the energy sector. Trends in the values of stability and efficiency of the Azerbaijan’s energy sector for the period under consideration are determined taking into account all available indicators; potentials for improvement for each of the subsystems are identified.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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