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.

How much will Armenian nuclear power plant cost?

The cost of the project will go upwards from $4 billion to 5.2-7.2 billion depending on the power of the plant. Armenian Deputy Minister of Energy and Natural Resources Areg Galstyan said that the construction of the new nuclear power plant may start in 2011.

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 many power plants does Armenia have?

The country also has eleven hydroelectric power plants and has plans to build a geothermal power plant in Syunik. 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.

Does Armenia have a nuclear power plant?

Armenia's Metsamor Nuclear Power Plant has an installed capacity of 815 MW, though only one unit of 407.5 MW is currently in operation. Because Turkey, despite its WTO obligation, blockades Armenian borders, nuclear fuel is flown in from Russia. [clarification needed] Used fuel is sent back to Russia. [citation needed]

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.