The Economic Cooperation Organization organized 1st Virtual Meeting of the ECO regional network of research institutions/centers and think tanks operating in the field of energy studies. Representatives from ECO Member States, namely Azerbaijan, Iran, Kyrgyz Republic, Turkey, Turkmenistan, Uzbekistan and the President of ECO Science Foundation participated in the meeting.
During the meeting, the participants were acquainted with ECO Strategy for energy cooperation and its action plan prepared by the consultants from Azerbaijan, Turkey and Iran, hired to develop as a bankable project in the future. The subject document is envisioned to be adopted during 4th Energy Ministerial Meeting.
Participants from Member States such as Iran and Turkey commented with cooperation proposals in storage batteries for the development of renewable energy sources, and enhancing export potential in energy. Additionally, the idea of developing ECO information database on energy statistics was put as means of cooperation amongst interested entities of Member States. Next meeting of network is advised to be held in the second half of 2021.