Key government priorities include promoting maximum use of the country''s potential for renewable energy and energy efficiency; increasing power transmission links with Armenia''s neighbours; gradually liberalising the domestic electricity market; and maintaining and, possibly, increasing the role of nuclear power.
Last evaluated by the government in 2022, Armenia''s potential for energy efficiency is high. Cumulative energy savings for total final energy consumption will amount to 931 ktoe. Estimates for sectoral energy efficiency potential in the Programme on Energy Saving and Renewable Energy for 2022-2030 are: industry: 19 ktoe; transport: 744 ktoe
This report assesses the energy sector and related challenges facing Armenia and proposes policy recommendations to improve sector governance, energy efficiency, and security of supply.
This strategy and its accompanying action plan are Armenia''s main energy policy documents. Their targets and objectives aim for an energy sector that is: free, competitive and non-discriminatory; inclusive and diversified, and energy-independent at the highest level; clean and energy-efficient, with development that is sustainable
Yerevan, Armenia — On February 23, the Westminster Foundation for Democracy (WFD) and the American University of Armenia (AUA) Energy Transitions for Climate Solutions Initiative (Energy4Climate) held a roundtable discussion on Armenia’s energy security. Delegates and staff of the Republic of Armenia (RA) National Assembly, representatives from the RA government, relevant ministries, and public authorities attended the event.
The discussion aimed at creating a dialogue to examine the potential of enhancing Armenia''s energy security through national policies and strategies. The attendees discussed the role of renewable energy, decarbonization strategies, and critical investments in efficiency and storage to enhance Armenia''s energy security. Discussions were anchored to the existing energy strategy of the country with a vision for further development and growth as it evolves in its succeeding iterations.
After welcoming remarks by Program Officer at WFD Armenia Grigor Janikyan, Astghine Pasoyan, economist and energy expert, and Alen Amirkhanian, director of the AUA Acopian Center for the Environment gave a brief overview of energy security in global and national contexts. Next was a presentation by the Director of Energy Strategy Center of Armenia''s Scientific Institute of Energy Vahan Sargsyan delineating how energy security issues are reflected in the current energy strategy of the country. Active discussion followed on key directions for enhancing energy security in Armenia.
"There are big changes taking place in the energy sector globally. These give rise to opportunities to collaborate globally to increase Armenia''s energy sustainability and resilience," remarked Amirkhanian, adding, "With more than 90% of all energy sources imported, Armenia''s energy security depends on increased public policy discussions and global collaborations to increase our energy independence. We are excited to partner with WFD, which has a program focused on this exact topic, to generate these critical policy discussions."
"WFD is proud to partner with AUA in organizing these roundtable discussions to increase the engagement of the National Assembly and government in climate change and energy policies of Armenia," remarked WFD Armenia Project Director Armen Sahakyan. "More engagement by the country''s democratic actors will increase accountability, ensure that the needs and interests of women and other underrepresented groups are considered, and bring about more widely shared political ownership."
The roundtable discussion was the first of two events planned as part of WFD''s "Strengthening Armenia''s Energy Security” project funded by the U.K. government''s Conflict, Stability and Security Fund. The second is planned for late March and will also be held in partnership with the AUA Energy4Climate.
The AUA Acopian Center for the Environment, a research center of the American University of Armenia (AUA), promotes the protection and restoration of the natural environment through research, education, and community outreach. The AUA Acopian Center''s focus areas include sustainable natural resource management, biodiversity protection and conservation, greening the built environment, sustainable energy, as well as information technology and the environment. Visit .
The Entrepreneurship and Product Innovation Center (EPIC) is a platform of the American University of Armenia (AUA) for promoting entrepreneurial education, cross-disciplinary collaboration, and startup venture incubation. EPIC provides an ecosystem for emerging entrepreneurs consisting of first-class facilities and collaborative workspace, programs and events, and a network of mentors, advisors, and investors. EPIC fosters the understanding and application of entrepreneurship in students and faculty at AUA to craft high-impact multidisciplinary ventures. https://epic a.am/
The American University of Armenia (AUA) is a private, independent university located in Yerevan, Armenia. Founded in 1991, AUA is affiliated with the University of California. Through teaching, research, and public service, AUA serves Armenia and the region by supplying high-quality, graduate and undergraduate education, encouraging civic engagement, and promoting democratic values.
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