Armenia

Imports of oil and gas cover 75% of Armenia’s energy needs. Current energy policy is focused on developing indigenous energy sources, mainly renewable, and on replacing the country’s main nuclear reactor. Energy Efficiency policy has also become a bigger priority as energy security and reliability remain key focus areas. Armenia is part of the EU4Energy Progamme, an initiative focused on evidence-based policymaking for the energy sector.

Armenia

Key energy statistics

Key recommendations, 2015

  • Support the development of the country’s indigenous and renewable energy sources

    Complement the legislative framework to ensure the effective development of indigenous energy sources: solar, wind, biomass and geothermal. Develop a sound regulatory structure for grid integration and adapt the licensing procedures and feed-in tariffs for renewables, in accordance with the Scaling-up Renewable Energy Program Investment Plan for Armenia.

  • Foster regional integration of the country’s energy markets

    Continue progress on interconnections with neighbouring countries and overcome the isolation of the domestic energy market. Review the market model as new interconnections develop and ensure adaptation of balanced market rules in line with EU legislation and Customs Union to remove regulatory and trade barriers.

  • Develop a national plan to foster energy efficiency and savings

    Develop an energy efficiency plan to encourage energy savings across the economy, especially in the buildings and transport sectors. Introduce supportive tariff structures to incentivise energy savings and strengthen building codes for new construction and renovations. Adopt adequate practices to collect demand-side data. Develop energy efficiency indicators to design sound policies and measure progress.

  • Foster energy efficiency and the use of renewables at the regional and local levels

    Strengthen local and regional initiatives for energy savings, for better awareness of efficient practices and the use of renewables for electricity and heating.

  • Develop and implement energy efficiency policies and measures

    Consider elevating the role of the Energy Saving and Renewable Energy Fund (R2E2) to the level of a government agency and furnish it with the adequate authority for intergovernmental co-ordination and policy implementation.