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About Armenia bms energy

About Armenia bms energy

6 FAQs about [Armenia bms energy]

How much energy does Armenia need?

It has been an observer to the Energy Community since 2011 and a member of the Eastern Partnership since 2009. Although Armenia’s energy demand averages more than 3 Mtoe (3.59 Mtoe in 2020) and the country does not produce any fossil fuels, it manages to cover 27% of energy demand with domestic energy production.

Why does Armenia need a single energy supplier?

Armenia relies on imports of natural gas and oil for most of its energy needs, which exposes it to supply risks and dependence on a single supplier. As the government considers energy security and the development of indigenous sources to be of prime importance for the energy sector, renewables and efficiency measures are key areas.

Where does Armenia get its energy from?

Lacking indigenous resources, Armenia imports natural gas and oil for most of its energy needs (78.6% of total energy supply in 2020), mainly from the Russian Federation (hereafter, “Russia”).

How can Armenia synchronise its energy system with its neighbours?

To synchronise its system with those of its neighbours and provide electricity at competitive prices, Armenia will have to open its relatively closed electricity market. The Ministry of Territorial Administration and Infrastructure (MTAI) is responsible for developing and implementing energy policy.

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.

How much energy does Armenia produce in 2021?

In 2021, Armenia produced 7.7 TWh of electricity, of which natural gas covered 44% (3.4 TWh), hydro and other renewables 30% (2.3 TWh) and nuclear 26% (2.0 TWh). In the Caucasus region, Armenia is the only country producing nuclear energy. Armenia’s energy demand averages more than 3 Mtoe (3.59 Mtoe in 2020).

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