About Armenia s first substation energy storage
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About Armenia s first substation energy storage video introduction
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3 FAQs about [Armenia s first substation energy storage]
Why should Armenia invest in a power transmission network?
“To ensure affordable, reliable, and clean electricity supply for consumers, Armenia needs continued investments in modernizing the power transmission network and improving the commercial viability of the High-voltage Electric Networks of Armenia JSC, the transmission company.
Why does Armenia need private investment?
Armenia’s power sector is heavily dependent on imported fuels, especially natural gas, which creates significant energy security risks, compounded by the global energy crisis. Attracting private investment is essential to fund the large-scale projects needed in the sector.
What percentage of Armenia's energy comes from natural gas?
In 2021, 62 percent of Armenia’s total energy supply came from natural gas, followed by oil (16 percent), nuclear (14 percent), and hydro (5 percent), whereas the share of nontraditional renewable energy sources (wind and solar) was only about 1 percent.
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