Armenia energy dynamics power systems

How much energy does Armenia need?

It has been an observer to the Energy Community since 2011 and a member of the Eastern Partnership since 2009. Although Armenia’s energy demand averages more than 3 Mtoe (3.59 Mtoe in 2020) and the country does not produce any fossil fuels, it manages to cover 27% of energy demand with domestic energy production.

Why does Armenia need a single energy supplier?

Armenia relies on imports of natural gas and oil for most of its energy needs, which exposes it to supply risks and dependence on a single supplier. As the government considers energy security and the development of indigenous sources to be of prime importance for the energy sector, renewables and efficiency measures are key areas.

How much solar power will Armenia have in 2024?

The government expects solar PV capacity to reach 100 MW by 2024 and 1,000 MW by 2030. According to the Ministry of Territorial Administration and Infrastructure, which oversees the energy sector, wind energy potential in Armenia is approximately 450 MW of total installed capacity.

Where does Armenia get its energy from?

Lacking indigenous resources, Armenia imports natural gas and oil for most of its energy needs (78.6% of total energy supply in 2020), mainly from the Russian Federation (hereafter, “Russia”).

How important is R&D in energy technology and innovation in Armenia?

Research and development (R&D) in energy technology and innovation in Armenia is not significant, though it is becoming more important. The government’s plan to develop new renewable energy technologies will increase the need for technology and innovation funding, and for skilled human resources.

What percentage of Armenia's Energy is renewable?

Renewable energy resources, including hydro, represented 7.1% of Armenia’s energy mix in 2020. Almost one-third of the country’s electricity generation (30% in 2021) came from renewable sources. Forming the foundation of Armenia’s renewable energy system as of 6 January 2022 were 189 small, private HPPs (under 30 MW), mostly constructed since 2007.