Electricity in Armenia in 2022

As of 2022, Armenia's electricity consumption is approximately split between low-carbon and fossil energy sources. Over half of the country's electricity, about 57%, is derived from sustainable low-carbon sources. This includes nuclear power, which by itself contributes to nearly a third of the electricity, representing a significant 30%. Hydropower also plays an important role in Armenia's low-carbon energy mix, contributing about 23%. Solar energy provides a smaller yet notable portion, accounting for about 4% of the total electricity. On the other hand, fossil fuels, specifically natural gas, make up around 43% of Armenia's electricity generation. Reducing reliance on fossil fuels is critical for tackling climate change and air pollution, and further emphasizing low-carbon sources could bring Armenia closer to a sustainable future.

Suggestions

To increase low-carbon electricity generation, Armenia can look towards expanding existing nuclear infrastructure, taking cues from successful countries with high shares of nuclear energy like France and Slovakia, where nuclear plants provide 67% and 60% of their electricity, respectively. Lessons from these countries demonstrate that a robust nuclear infrastructure can provide a stable and significant source of low-carbon electricity. Additionally, Armenia could explore expanding solar capacity much like Greece and Chile, which generate around 22% and 21% of their electricity from solar power, respectively. By increasing investments in these technologies and adopting best practices from successful countries, Armenia could position itself for a more sustainable energy future.

History

The history of low-carbon electricity generation in Armenia indicates varied yet consistent developments over the decades. In the early 1990s, there was a boost in hydropower generation, with noticeable increases in 1992 and 1993. However, the subsequent years saw declines, as evidenced in 1994 and 1995. A significant turning point occurred in the mid-1990s with the growth of nuclear power, marked by a considerable increase in 1996, although this was followed by fluctuations in subsequent years. The 2000s and beyond have seen continued support for nuclear, with small yet positive developments later in the decade, while also witnessing some back-and-forth in hydropower generation. Notably, nuclear generation experienced diminished growth in certain years like 2016 and 2018, which highlighted the necessity of consistent strides in nuclear energy expansion. Most recently, nuclear power made a strong comeback in 2022 with a significant increase, reinforcing its pivotal role in Armenia’s cleaner, greener electricity landscape.

Electricity Imports and Exports

Balance of Trade

Data Sources