Yerevan Energy Storage Power Supply

What are the main sources of electricity in Armenia?

Electric energy is one of the most developed areas in the economy of Armenia. There are both the traditional sources for electricity production that are NPP, TPP and HPPs, and the alternative sources.

Is Armenia developing a battery storage project?

Currently, Armenia is in the initial stages of developing a pilot project on battery storage, with plans for a utility-scale project with an estimated installed storage capacity of 1,200 MWh to be tendered in the coming years.

How much electricity is generated by solar power plants in Armenia?

The total amount of electricity generated by autonomous solar installations and solar power plants is estimated at 523.5 million kWh. This indicator is about 1.8 times higher than those in 2021. The Government of Armenia is implementing a promoting policy for the development of solar water heating technologies.

Can Armenia reduce its reliance on energy imports?

Additionally, a second gas pipeline from Iran provides another import route, primarily utilized through a barter agreement where Armenia exchanges electricity for natural gas, only partially using the imported volumes for domestic consumption. Presently, Armenia is actively seeking ways to diminish its reliance on energy imports.

What is Armenia's Energy Policy?

Diversifying energy sources and reducing import dependencies are key Armenian policy priorities. With no significant domestic fossil fuel reserves, hydroelectric power is the primary local energy source. Yerevan aims to expand renewables to meet decarbonization targets and decrease import reliance.

How many wind power plants are there in Armenia?

Three wind power plants (WPP) operated in Armenia in 2022. Total supply of the useful electricity from the WPPs was 1.7 million kWh in 2022. Armenia has significant potential for solar energy production. Solar energy is represented by solar water heating and PV power plants.