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 Armenia

Country Profile

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Latest Developments
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 Projects
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Policy/Regulatory

 

 

 

 

 

 

The legal framework is in place in Armenia for the development of renewable resources. Armenian law provides that the purchase of renewable energy is mandatory through 2016 at a feed-in tariff of $0.05/kWh.  The most promising renewable energy resources are wind and biomass.  No major initiative has been undertaken to develop these resources due to artificially low electricity rates and a lack of financing capital.  There is a strong interest in Armenia with respect to biogas generation from farm-based anaerobic digesters as well as from landfills.  Armenia also has a good potential for wind power development.  The hydro power potential is also high.

 

Solar and geothermal energy are the two least promising resources.  This is in spite of the fact that 2 to 3 MWth of solar hot water heating already exists in the country, and the solar electric potential is largely untapped.  The feed-in tariff may not be sufficient to support large-scale photovoltaic projects.  Armenia is located in a zone of high tectonic and recent volcanic activity, however, its geothermal resources are largely unexplored, and at present only provide low-to-medium temperature thermal water. Further exploration may reveal high enthalpy resources suitable for electricity generation.

 

 

Country Profile and Notes

 

More information is provided in the country profile and country notes, including specific resource and energy sector information:

 

View 2009 Country Profile

View 2005 Country Profile (367 kB pdf)

View 2002 Country Notes (563 kB pdf)

 

 

 

Latest Developments


TitleSummarypubDate
Armenian Hydropower FinancingCurrently, there are 142 licensed small hydropower stations in Armenia, including 70 still undergoing construction, RA Small Hydropower Stations Union chairman Naira Nahapetyan said. This artcle notes financing of some of the ones undergoing construction.
26-May-10
Asia Solar Energy Initiative Launched With US$2.25B
The initiative was launched on May 3, 2010 in the Uzbekistan capital Tashkent and the ABD said that it will provide an additional US$2.25bn to support projects with a combined generating capacity of 3000MW of solar power by 2012. The bank indicated that the combination of growing electricity demand, abundant desert and commitments to offset carbon emissions, made Central Asia a strong candidate for investment.
04-May-10
IFC Funds Small Hydro in Armenia
International Finance Corporation, a member of the World Bank Group, has approved a US$15 million loan to Armenian bank Ameriabank to help finance the development of small hydropower projects in the country.
24-Feb-10
Eastern Europe Group Tours U.S. Renewable ProjectsEnergy and government officials from Eastern Europe is touring the U.S. under sponsorship of the U.S. Department of Commerce.
13-Feb-10
Armenian Wind Power Potential DiscussedArmenia has a wind power potential of 4,900 MW from seven sites that cover an area of 979 sq. km. This corresponds to an area of three percent of the territory of Armenia that is limited to remote mountainous passes.
05-Feb-10
Armenian Renewable Energy Featured
The Armenian Weekly reports on the current state of renewable energy use in Armenia. 
30-Jan-10
Armenian Renewables Supported With $15M IFC LoanIFC, a member of the World Bank Group, on December 22 announced it is helping Ameriabank finance small-scale renewable-energy projects in Armenia to boost the supply of renewable energy and help lower greenhouse-gas emissions.
23-Dec-09
Fourth International Renewable and Clean Energy Conference
The highlighting of main policy courses, new technology applications, market trends
in the context of the present developments in the world economy, actual state of regional
cooperation, common interests for international collaboration - this is the only part of the
objectives of coming Conference.
Since 2003, the Renewable Energy Conferences held in Yerevan have become a
milestone event in the region and provide a major platform for knowledge sharing between
researchers, professionals, businessmen and many others involved in this area of growing
importance.
31-Aug-09
OSCE Office Helps Develop Renewable Energy in Armenia
Organization for Security and Co-operation in Europe will work to help introduce and develop Clean Development Mechanisms in Armenia's Syunik region.
17-Jul-09
Report From Moscow Energy Trade FairEven though the effects of the global financial and economic crisis have affected the Russian construction industry significantly, interest in innovative building and energy technology was unabated at SHK MOSCOW 2009, 13th International Industrial and Technology Trade Fair for Heating, Air Conditioning, Ventilation, Refrigeration, Building Automation, Sanitation and Renewable Energies. A total of 11,300 trade visitors from the CIS and neighboring countries attended Russia’s leading event for this industry and 200 exhibitors from 19 countries showcased their products on 107,600 square feet of exhibit space.
21-May-09
Armenia and Iran Talk About Aras River Dam
The hydroelectric power station would be built on the border Aras River and would produce 800 million kilowatts of electricity per annum.
12-Apr-09
Armenian Geothermal Resource to Be Assessed
The Geothermal Development Fund has given financial support to geothermal site investigation in Armenia.
26-Feb-09
Armenian-German Cooperation Finances Vorotan Hydro
Two-day Armenian-German governmental consultations kicked off in Yerevan on Wednesday, reported the press office of the Armenian Ministry of Finance. The 2008 cooperation agreement includes implementation of hypothec market program (6 mln. euro), construction of Vorotan series of hydroelectric power plants (29 mln. euro), reconstruction of high-voltage power plant in Gyumri (14.6 mln. euro), construction of Armenia-Georgia high-voltage power line (20.4 mln. euro).
25-Feb-09
EBRD, Energy Community to Host Regional Energy Forum in Sarajevo
“Investing in electricity generation and renewable energy” 30-31 March 2009, Holiday Inn Hotel, Sarajevo
The EBRD and the Energy Community will host a Regional Energy Forum in Sarajevo, Bosnia-Herzegovina, on Monday 30 and Tuesday 31 March 2009, which will focus on investment opportunities in electricity generation and renewable energy.
23-Feb-09
Armenia Considers Seven Hydro Plants
The European Commission's Technical Aid to the Commonwealth of Independent States’ “Substitution of nuclear power through the development of hydropower capacity” project is designed to increase Armenia’s hydropower capacities through upgrades and new development.
13-Sep-07

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 Projects

Project TitleTechnologyCapacity MWStatusSponsor
Jermuk-2 Hydropower StationHydroelectric2.3
in commission December 2010
Ameriabank CJSC
Yerevan Hydroelectric Project 1Hydroelectric
planned
Lori-1 wind power plantWind
operating
Jermaghbyur GeothermalGeothermal150
Planned
Kotayk CanalHydroelectric2.2
Operating
MartuniHydroelectric0.448
Operating
MegriHydroelectric1.26
Operating
SevanHydroelectric34.2
Operating
ShambHydroelectric170
Operating
SpandaryanHydroelectric76
Operating
TatevHydroelectric157.2
Operating
YeghegnadzorHydroelectric0.416
Operating
Yerevan HydroHydroelectric49
Operating
Yerevan ReservoirHydroelectric0.75
Operating
Akhurian ReservoirHydroelectric20.2
Planned

(Items 1 to 15)Next

 Policy/Regulatory
Policy NameTechnologySponsor
Ethanol Study Feasibility Commissioned,Biofuels,EthanolGlobal Environment Facility


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