Armenia 2022 Energy Policy Review

This International Energy Agency (IEA) in-depth review of the energy policies of Armenia follows the same format as that used for the IEA peer reviews of member countries. This in-depth review of Armenia was conducted under the auspices of the EU4Energy programme, which is being implemented by the IEA and the European Union, along with the Energy Community Secretariat and the Energy Charter Secretariat. Armenia depends on imports to meet much of its energy needs, particularly natural gas from the Russian Federation. It is one of the few ex-Soviet republics to avoid significant energy subsidies, and it is the only country in the Caucasus region to possess a nuclear power plant. In January 2021, the government approved a new Energy Sector Development Strategic Programme that sets the path for the sector’s transition through 2040. Key government priorities include promoting maximum use of the country’s potential for renewable energy and energy efficiency; increasing power transmission links with Armenia’s neighbours; gradually liberalising the domestic electricity market; and maintaining and, possibly, increasing the role of nuclear power. This report assesses the energy sector and related challenges facing Armenia and proposes policy recommendations to improve sector governance, energy efficiency, and security of supply.

Available from April 21, 2022

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