On February 28, the German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) organised the next AHK Impuls event, including representatives of more than 70 member companies, partners of the Chamber, as well as members of the delegation of the German Eastern Business Association. Honorary guest of the event, Chairman of the Board of the Energy Regulatory Agency of the Republic of Azerbaijan, Dr Samir Akhundov, gave a speech on "Azerbaijan's electricity sector: brief overview and reforms". At the meeting, the Vice President of Uniper Global Commodities SE for the gas supply of the countries of the southern region, Dr Michael Hilmer and Schneider Group's Chief Business Development Officer, Olaf Letzel, participated.
Executive Board Member of AHK Azerbaijan, Mr Tobias Baumann, greeted the event participants in the opening speech of the meeting and informed the participants about several events and meetings held recently. Then, Mr Baumann introduced the honorary speaker, Dr Samir Akhundov and talked about his rich career and his contributions to AHK Azerbaijan. Mr Baumann also thanked Schneider Group for its support in organising the event. He then gave the floor to Dr Michael Hilmer.
Dr. Michael Hilmer mentioned their ten years of activity in the field, covering involvement in both the oil and gas as well as the electricity markets. Mr Hilmer spoke about the changes that have taken place in recent years and informed the participants about the focus on renewable energy and the "Law on the use of renewable energy sources in the production of electricity".
In his speech, Mr. Letzel discussed the activities of the Schneider Group, including aspects such as company law and taxation, interim management, and accounting. He stressed that they are active in internal audit, human resources, market research and other areas. At the end of his speech, he expressed his satisfaction that the German Eastern Business Association delegation also participated in the event today and expressed his gratitude to the event participants.
During his presentation, Dr Samir Akhundov gave extensive information about the activities of the Agency before starting his speech on "Azerbaijan's electricity sector: a brief review and reforms". Later, he spoke about the reforms carried out in the field of electricity. Mr Akhundov stated that the Law of the Republic of Azerbaijan on Energy, adopted in 2023, provides general legal, economic and management bases of activity in the field of energy, as well as ensuring energy security, forming a healthy competitive environment, supporting sustainable economic development, providing consumers with reliable, high-quality, accessible and safe energy.
The event concluded with a question-and-answer session, lively discussions and a business dinner afterwards.
We extend our gratitude to Schneider Group for their generous sponsorship of the event.
