Use of smart energy storage cabinets in armenia

What are Armenia's key government priorities?

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.

Why does Armenia need a nuclear power plant?

Armenia depends on imports to meet much of its energy needs, particularly natural gas from the Russian Federation. It is one of the few ex-Soviet republics to avoid significant energy subsidies, and it is the only country in the Caucasus region to possess a nuclear power plant.

How important is R&D in energy technology and innovation in Armenia?

Research and development (R&D) in energy technology and innovation in Armenia is not significant, though it is becoming more important. The government’s plan to develop new renewable energy technologies will increase the need for technology and innovation funding, and for skilled human resources.

Who is responsible for energy sector governance in Armenia?

The principal bodies involved in energy sector governance in Armenia include the Ministry of Territorial Administration and Infrastructure (MTAI), which is responsible for overall energy policy-making, the Ministry of Environment, the Public Service Regulatory Commission (PSRC) and the Committee on Nuclear Safety Regulation (ANRA).

Is Armenia moving from a single-buyer model to a competitive power market?

Armenia is moving from a regulated, single-buyer model to a competitive power market, with a launch date set for February 2022. The careful preparation of this work over many years is to be commended. As part of the first stage of market reforms, the government plans to improve protection mechanisms for vulnerable customers.

What is a small HPP in Armenia?

Constructing small HPPs is Armenia’s favoured course of action to develop the renewable energy sector and secure energy independence. Most designated, under-construction or operational small HPPs are derivational stations on natural water flows.