It should be understood, however, that there is a distinct variety of infrastructure ambition that originates from a presidential summit, leads to a memorandum of understanding, but then quietly expires as the cost estimates of what the politicians have pledged come into play. The Caspian Green Energy Corridor, an idea of building a submarine high-voltage powerline connecting the renewable energy from Central Asia to Azerbaijan, and then further to Europe, originated precisely in that manner: the MOU of the project between Kazakhstan, Uzbekistan, and Azerbaijan, signed in May 2024; a Strategic Partnership Agreement among the leaders of these countries, signed at the COP29 conference in Baku in November 2024; and the creation of the Green Corridor Alliance joint venture in Baku in July 2025. The difference here from the usual story of post-summit expiry is that the feasibility study has been delivering results that are being called, according to the engineers, "very promising."

CESI, the Italian engineering firm contracted by the ADB to perform the feasibility study for Phase 1, began the feasibility study in January 2026. The study is focused on the feasibility of the proposed energy corridor based on various factors such as technical, economic, regulatory, and environmental considerations, which will serve as the basis of what CESI referred to as "one of the most ambitious green energy corridors linking Central Asia with Europe." An inception workshop for the Stage I Feasibility Study took place in Baku, where CESI presented a summary of the results described as "very promising," along with the methodology to be used and future plans. The feasibility study is expected to be presented in early 2027. It will be financed via grants from the ADB and AIIB, and costs will amount to €1 million.

The Caspian Green Energy Corridor project aims to integrate 5 GW of renewable capacity by 2030 across the entire Caspian-Black Sea........

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