SOCAR Green has launched a research initiative to evaluate the feasibility of green hydrogen production in Azerbaijan, driven by a commitment to reducing carbon emissions and promoting renewable energy. The company's comprehensive studies and evaluations aim to identify promising areas for green hydrogen development, such as export, integration with green ammonia production, and utilization in energy storage systems. The collaboration with international partners underscores SOCAR Green's dedication to exploring green hydrogen opportunities. A market study conducted by Advisian, with EBRD support, highlights Azerbaijan's vast renewable energy resources and the commercial viability of green hydrogen production in the country. The study also emphasizes the potential for green hydrogen to be supplied to regional energy markets, including the EU, and explores its applications in national consumption and industrial sectors. Additionally, the assessment of production costs and potential export routes is crucial for establishing a sustainable hydrogen economy in Azerbaijan.