3-Mechanical failure: If the energy storage cabinet is affected by external impact, vibration, etc., the mechanical parts may be damaged or lost. 4-Environmental impact: Environmental factors
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Last evaluated by the government in 2022, Armenia''s potential for energy efficiency is high. Cumulative energy savings for total final energy consumption will amount to 931 ktoe. Estimates for sectoral energy efficiency potential in
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The Armenian government approved the Energy Sector Development Strategic Programme (hereinafter “Energy Strategy”) in January 2021, setting the path for the sector’s transition through 2040. The publication and approval of this strategic document are welcomed and should form a useful basis for Armenia’s future energy legislation.
However, all of its thermal generation relies on gas, around 85% of which is imported from Russia. Furthermore, Armenia imports all of its nuclear fuel from Russia. Armenia therefore effectively relies on fuel imports from one country to produce nearly 70% of its electricity, raising concerns about the diversity of supply.
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.
Armenia is moving from a regulated, single-buyer model to a competitive power market, with a launch date set for February 2022. The careful preparation of this work over many years is to be commended. As part of the first stage of market reforms, the government plans to improve protection mechanisms for vulnerable customers.
Armenia’s natural gas sector remains a vertically integrated monopoly, operated and owned by Gazprom Armenia, a fully owned subsidiary of Russia’s Gazprom. There is currently no competition nor third-party access in the sector.
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Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.