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Abstract The gradual reduction of fuel resources, their depletion, as well as volatility of fuel prices led to a growing interest of countries in the use of renewable energy sources. Despite the fact that energy production in Azerbaijan currently largely depends on development of hydrocarbon reserves in the country, nevertheless, development of renewable energy sources is certainly one of the strategic priorities of the government. The main objective of the research is to study the economic problems and institutional aspects of introduction of alternative energy in Azerbaijan and develop recommendations to stimulate production of renewable energy. With the help of methods of comparative analysis and dynamic comparisons, the state of development of alternative and renewable sources in Azerbaijan was analyzed. The results of the study show that in order to increase the production of renewable energy it is necessary to take a number of measures in this area: improve legislation, introduce state incentives for consumers of alternative energy, apply a green tariff to attract investment, ensure transparency and consistency of energy policy. Downloads Download data is not yet available. Downloads FULL TEXT Published 2022-11-28 How to Cite Hamidova, L., Huseynov, A., & Samedova, E. (2022). Challenges in Implementing Renewable Energy Sources in Azerbaijan. International Journal of Energy Economics and Policy, 12(6), 441–446. https://doi.org/10.32479/ijeep.13636 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 12 No. 6 (2022) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Similar Articles Bahman Huseynli, Renewable Solar Energy Resources Potential and Strategy in Azerbaijan , International Journal of Energy Economics and Policy: Vol. 13 No. 1 (2023) Teymur Sarkhanov, Imangulu Muradzada, The Place of Gulf Basin Energy Resources in EU Energy Security , International Journal of Energy Economics and Policy: Vol. 13 No. 4 (2023)

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