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U.S. Embassy Conference Findings: Armenia is Still Energy Insecure
11:01, May 22, 2013
On May 22, the U.S. Embassy in Armenia hosted the conference `The
Future of Energy in Armenia: A Conference on Renewable Energy and
Energy Efficiency in Armenia'.
The conference explored opportunities for Armenia to further diversify
energy sources and improve energy efficiency. The performance of the
energy sector and the quality of services have improved as a result of
the Armenian Government's legal and regulatory reforms, new
institutional developments, and privatization as supported by the U.S.
government and other donors.
However, Armenia is still energy insecure and remains one of the most
energy-import dependent countries in the region. The primary
challenges to Armenia's energy security are reliance on oil and
natural gas import, and the resultant vulnerability to price
fluctuations of these imports, ensuring the continued safe operation
of the Metsamor nuclear power plant, and the limited development of
alternative and renewable sources of energy. Inefficient energy usage
intensifies the impact of rising energy prices on the economy,
especially for low income and vulnerable households.
Resolution of these issues will further promote sustainability and
contribute to development of Armenia's energy sector.
U.S. Ambassador John A. Heffern and Minister of Energy and Natural
Resources Armen Movsisian gave opening remarks, and panelists included
Areg Galstyan, Deputy Minister of Energy and Natural Resources, Vahan
Sargsyan, Director of Energy Strategy Center of the Scientific
Research Institute of Energy, representatives from the Public Service
Regulatory Commission, the Water Resource Management Agency of the
Ministry of Nature Protection, NGOs, the private sector and donor
organizations.
In October 2012, the U.S. Embassy and thegovernment of Armenia signed
a Memorandum of Understanding on Energy Sector Cooperation. U.S.
Government-funded projects continue to enhance the Government of
Armenia's capacity to diversify energy sources, develop renewable
energy and improve energy efficiency. This conference was a part of
the implementation of the U.S. - Armenian Memorandum of Understanding
on energy sector designed to foster dialogue on issues related to
energy efficiency and renewable energy between the government, the
private sector, NGOs, and the donor community.
http://hetq.am/eng/news/26709/us-embassy-conference-findings-armenia-is-still-energy-insecure.html
From: Baghdasarian
11:01, May 22, 2013
On May 22, the U.S. Embassy in Armenia hosted the conference `The
Future of Energy in Armenia: A Conference on Renewable Energy and
Energy Efficiency in Armenia'.
The conference explored opportunities for Armenia to further diversify
energy sources and improve energy efficiency. The performance of the
energy sector and the quality of services have improved as a result of
the Armenian Government's legal and regulatory reforms, new
institutional developments, and privatization as supported by the U.S.
government and other donors.
However, Armenia is still energy insecure and remains one of the most
energy-import dependent countries in the region. The primary
challenges to Armenia's energy security are reliance on oil and
natural gas import, and the resultant vulnerability to price
fluctuations of these imports, ensuring the continued safe operation
of the Metsamor nuclear power plant, and the limited development of
alternative and renewable sources of energy. Inefficient energy usage
intensifies the impact of rising energy prices on the economy,
especially for low income and vulnerable households.
Resolution of these issues will further promote sustainability and
contribute to development of Armenia's energy sector.
U.S. Ambassador John A. Heffern and Minister of Energy and Natural
Resources Armen Movsisian gave opening remarks, and panelists included
Areg Galstyan, Deputy Minister of Energy and Natural Resources, Vahan
Sargsyan, Director of Energy Strategy Center of the Scientific
Research Institute of Energy, representatives from the Public Service
Regulatory Commission, the Water Resource Management Agency of the
Ministry of Nature Protection, NGOs, the private sector and donor
organizations.
In October 2012, the U.S. Embassy and thegovernment of Armenia signed
a Memorandum of Understanding on Energy Sector Cooperation. U.S.
Government-funded projects continue to enhance the Government of
Armenia's capacity to diversify energy sources, develop renewable
energy and improve energy efficiency. This conference was a part of
the implementation of the U.S. - Armenian Memorandum of Understanding
on energy sector designed to foster dialogue on issues related to
energy efficiency and renewable energy between the government, the
private sector, NGOs, and the donor community.
http://hetq.am/eng/news/26709/us-embassy-conference-findings-armenia-is-still-energy-insecure.html
From: Baghdasarian