Armenia Energy Storage Power

How does Armenia generate electricity?

Most of the rest of Armenia's electricity is generated by the natural gas-fired thermal power plants in Yerevan (completed in 2010) and Hrazdan. Upon gaining independence, Armenia signed the European Energy Charter in December 1991, the charter is now known as the Energy Charter Treaty which promotes integration of global energy markets.

What are the main energy sources in Armenia?

Since 1996 three main energy sources for electricity generation in Armenia were natural gas, nuclear power and hydropower. Despite a lack of fossil fuel, Armenia has significant domestic electricity generation resources.

What is Armenia's energy-saving potential?

As Armenia’s largest energy-consuming sector, buildings account for nearly 40% of the country’s total electricity demand and more than 25% of its gas demand. Estimated energy-saving potential ranges from 40% to 60% across residential, public and commercial buildings, depending on interventions.

What percentage of Armenia's Energy is renewable?

Renewable energy resources, including hydro, represented 7.1% of Armenia’s energy mix in 2020. Almost one-third of the country’s electricity generation (30% in 2021) came from renewable sources. Forming the foundation of Armenia’s renewable energy system as of 6 January 2022 were 189 small, private HPPs (under 30 MW), mostly constructed since 2007.

How much power does Armenia have?

Thus, in 2006, Armenia's power plants on average generated 678.2 MW of power, while the country's electricity consumption rate on average was 635.5 MW. Armenia has a total of 11 power stations and 17 220 kV substations.

Does Armenia have solar energy?

Armenia has significant solar energy potential: average annual solar energy flow per square metre of horizontal surface is 1 720 kWh (the European average is 1 000 kWh), and one-quarter of the country’s territory is endowed with solar energy resources of 1 850 kWh/m 2 per year. Solar thermal energy is therefore developing rapidly in Armenia.