Armenia Meets only 8.32% of Demand With Its own Energy Resources

Armenia Meets only 8.32% of Demand With Its own Energy Resources

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 €1 million to E5P which will enable Armenia to access grant funds of €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 “EcoLur” Informational NGO is organizing series of events aimed at public involvement  and awareness raising targeted to the future climate change policy directions and development of Intended Nationally Determined Contributions (INDC) of the Republic of Armenia under UN Climate Change Framework Convention (UNFCCC).

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.

15:33 March 17, 2015


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