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Nuclear Energy Development Only Alternative For Armenia

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  • Nuclear Energy Development Only Alternative For Armenia

    NUCLEAR ENERGY DEVELOPMENT ONLY ALTERNATIVE FOR ARMENIA

    ARKA
    March 20, 2008

    YEREVAN, March 20. /ARKA/. Nuclear energy development is the only
    alternative for Armenia, RA Deputy Minister of Energy Areg Galstyan
    said on Wednesday during a round-table on nuclear energy issues.

    "Nuclear energy plays a crucial role in energy development," the
    Deputy Minister was quoted as saying.

    He pointed out that leading foreign experts are studying nuclear energy
    development prospects in Armenia and are trying to find alternative
    sources of energy.

    The results of these activities show that nuclear energy is the only
    alternative for Armenia from the viewpoint of security, economic and
    ecological practicability, Galstyan said.

    Director of For Sustainable Human Development Association Karine
    Danielyan said Armenia should also seek and develop alternative
    energy sources.

    "Nuclear energy development is just a period in the civilization
    progress, and I am sure that alternative sources of energy are the
    future of the civilization," she said.

    The Armenian NPP started to operate in 1976 (the second unit started
    to operate in 1980).

    Only the second power unit of the plant with a Russian nuclear reactor
    is operating at present.

    The unit generates about 50% of Armenia's electric power.

    In the coming five years, the Armenian NPP will be under the trust
    management of the INTER RAO UES CJSC, subsidiary of RAO UES Russia
    (60% of the shares) and the ROSENERGOATOM Trust (40%).

    According to specialists, the Armenian NPP in Metsamor can operate
    until 2016.

    About $2bln will be allocated for the construction of the new unit
    of the Armenian NPP, the RA Minister of Energy.

    From: Emil Lazarian | Ararat NewsPress
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