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 does Armenia produce?

Armenia produces almost as much electricity from nuclear power as from hydroelectricity. According to the U.S. Energy Information Administration data, gross electricity generation was dominated by fossil fuels (43.4%), followed by hydroelectricity (22.8%), nuclear energy (30.0%), and other renewable sources (3.8%).

Why is Armenia a heavily dependent on energy imports?

This makes Armenia a country heavily dependent on energy imports. According to the Review by the International Energy Agency, the energy mix of Armenia was dominated by natural gas (58.8% of total energy supply in 2022), and Armenia’s domestic energy production comes mostly from nuclear and hydro resources. Figure 2.

What is Armenia's nuclear capacity?

However, due to an aging power park, the available capacity is comparatively lower at 3.1 GW. The entirety of Armenia’s 448 MW nuclear capacity is housed in the Metsamor nuclear power plant. Initially reactivated during the mid-1990s energy crisis, decommissioning of Metsamor has been repeatedly delayed.

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.

What is the share of energy production in Armenia in 2022?

For comparison, note that if in 2021 the share of energy production using solar technologies was 4.7%, then in 2022 it increased up to 5.7%. Armenia remains a country with great dependence on the imports of the energy resources. In 2022, imported energy resources in the total primary supply of energy were 80.3%.