Renewable Energy Development in Armenia: Challenges to Diversification
https://doi.org/10.48137/2687-0703_2021_15_3_116
Abstract
The prospects for the development of renewable energy in Armenia are shown in the context of the challenges of diversifying the ways to ensure energy security. The authors assess potential of solar, wind, bio-, geothermal and small hydropower in Armenia. The main threats and risks that hinder the full development of renewable energy sources are identified, among which the problems of state regulation and energy policy in general are highlighted. A brief analysis and characteristics of implemented or ongoing projects in the field of renewable energy sources are given. Particular attention is paid to the escalation on the Armenian-Azerbaijani border, as a result of which shelling of Armenian territories, violation of the sovereign borders of Armenia by the Azerbaijani Armed Forces call into question the feasibility of large projects in the field of renewable energy, carried out in areas close to the border.
The article identifies the necessity of implementing programs in the field of energy efficiency. In this regard, the main directions of cooperation between Armenia and the EU in this area are considered. It is established that the EU continues to be the key partner of Armenia in the field of renewable energy and energy efficiency development. Interaction with the EU is aimed primarily at improving the investment climate in the energy sector, reducing the republic‘s dependence on imports of hydrocarbons, developing green financing instruments, etc.
About the Authors
A. A. Markarov
Yerevan State University;
Armenian branch of the Institute of CIS Countries
Armenia
Armenia
Alexander A. Markarov, PhD (Politics), Prof. at YSU, Director of the Armenian branch of the Institute of CIS Countries
1, Alek Manukyan str., Yerevan, 0025, Republic of Armenia
V. S. Davtyan
Russian-Armenian University;
Institute for Energy Security
Armenia
Armenia
Vahe S. Davtyan, PhD (Politics), Associate Professor at Russian-Armenian University; President at the Institute for Energy Security
123, Hovsep Emin str., Yerevan, 0051, Republic of Armenia.
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Review
For citations:
Markarov A.A., Davtyan V.S. Renewable Energy Development in Armenia: Challenges to Diversification. Geoeconomics of Energetics. 2021;(3):116-129. (In Russ.) https://doi.org/10.48137/2687-0703_2021_15_3_116
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