According to the reports in Baku newspapers, the Azerbaijani capital will suffer from electricity fan cut-off this winter, too. In this regard some mass media predict a situation, in which the country citizens will have to celebrate New Year in candlelight. Having created the myth about inexhaustible reserves of hydrocarbon raw in the country bowels, Azerbaijan actually can not fulfill its own needs for energy resources. In spite of the continuing supplies of electric energy from Iran and the recently signed contract with RAO “EES” Russian company to import three billion kW/h electric energy specialists recognize that they will not be able to manage to implement the passed last year decree of the President “On the measures on improving provision of population and economy with energy resources.” At present the actual power capacity of the energy system of Azerbaijan makes about three thousand megawatt, while the real need for electric energy is nearly four thousand. Based on this “Azerenerzhi” enterprise has developed a schedule of limited electric energy supply to all consumers of the Republic.