What percentage of Armenia's Energy is renewable?

Renewable energy resources, including hydro, represented 7.1% of Armenia’s energy mix in 2020. Almost one-third of the country’s electricity generation (30% in 2021) came from renewable sources. Forming the foundation of Armenia’s renewable energy system as of 6 January 2022 were 189 small, private HPPs (under 30 MW), mostly constructed since 2007.

How much wind power does Armenia have?

A 2003 study by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) estimated Armenia’s land areas with “good-to-excellent” wind resource potential to be around 1,000 km². With a conservative assumption of 5 MW per km², the authors noted that the area could support almost 5,000 MW of potential installed capacity.

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.

How many wind farms are there in Armenia?

Armenia’s wind energy sector is minuscule. The entire country has just four wind farms with an installed capacity of 4.23 MW and an average annual generation of 3.97 GWh.

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.

How many solar farms are there in Armenia?

The installed capacities of Armenia’s 60 solar farms range from 64.91 kW to 5,000 kW (5 MW). The majority (32 of 60) are at the upper range (5 MW), which seems to be the preferred size. The first license for a solar farm in Armenia was granted in November 2017, but only 12 were built in the first three years.