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Armenia Meets Only 8.32% Of Demand With Its Own Energy Resources

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  • Armenia Meets Only 8.32% Of Demand With Its Own Energy Resources

    ARMENIA MEETS ONLY 8.32% OF DEMAND WITH ITS OWN ENERGY RESOURCES

    15:33 March 17, 2015

    EcoLur

    Energy security in Armenia is an urgent issue on the agends, as
    Armenia meets only 8.32% of its demand with its own energy resources:
    natural gas ensures 54.7%, while Metsamor nuclear power plant ensures
    24.5%. Oil accounts for 12.5%, hydropower - 8.3%, and solar and biogas
    energy - 0.02%.

    As Energy and Natural Resources Deputy Minister Hayk Harutyunyan
    mentioned in his interview with EcoLur, energy security concept
    paper in Armenia has four prioirities, 'First is the maximum use of
    renewable energy potential. Second, energy efficiency starting from
    energy system to households. Third, ways of supplying energy carriers,
    fourth - the development of nuclear energy, safe development of the
    current power unit and the construction of a new power unit.'

    Under Hayk Harutyunyan, all energy efficiency programs will be closely
    connected with climate chnage and global processes of greenhouse
    gas reduction.

    Reminder: on 16 March Energy and Natural Resources Ministry and the
    European Bank for Reconstruction and Development (EBRD) signed an
    agreement on Armenia's participation in the Eastern Europe Energy
    Efficiency and Environment Partnership (E5P). Armenia will contribute
    EURO 1 million to E5P which will enable Armenia to access grant funds
    of EURO 20 million for priority energy efficiency investments in the
    municipal sector.

    The main objective of the initiative is to use grants to leverage
    loans dedicated to municipal energy efficiency and environmental
    projects, for example the rehabilitation of water and wastewater
    systems, solid waste management, street lighting and the insulation
    of public buildings.

    The material is prepared by 'EcoLur' Informational NGO under UNDP
    Climate Change Program, within the framework of ARM-002/2015 Contract.

    The views expressed in this publication are those of the author(s)
    and do not necessarily represent those of the United Nations, including
    UNDP, or the UN Member States.

    http://ecolur.org/en/news/officials/armenia-meets-only-832-of-demand-with-its-own-energy-resources/7123/

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