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 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.

Why does Armenia have no energy reserves?

1. Introduction Armenia has no domestic oil or gas reserves. As a result, the country has to import most of its energy carriers, almost exclusively from Russia 2. Primary energy mix and imports 3. Final energy consumption 4. Sector organisation in the country and is overseeing network energy carriers such as gas and electricity.

Does Armenia have energy resources?

Armenia has limited energy resources and can meet only a fraction of the total demand for energy from domestic resources. Armenia does not have oil or natural gas reserves and is thus highly dependent on imported energy resources. It imports oil and petroleum products from Russia, Georgia, Iran, and Europe.

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.

Is Armenia a net exporter of electricity?

Armenia has active interconnection infrastructure with Iran and Georgia and is a net exporter of electricity. Existing interconnections with Turkey and Azerbaijan are currently inactive 1. Introduction Armenia has no domestic oil or gas reserves. As a result, the country has to import most of its energy carriers, almost exclusively from Russia 2.