Wednesday, November 15 2017 17:25
Naira Badalian

The RA Ministry of Energy raises the permissible threshold of autonomous generation of electricity on the basis of RES to 500 kW/h

The RA Ministry of Energy raises the permissible threshold of autonomous generation of electricity on the basis of RES to 500 kW/h

ArmInfo. The Ministry of Energy Infrastructures and Natural Resources of Armenia initiates a number of legislative reforms that will allow medium and large consumers to generate electricity for their own needs.

According to the Ministry of Energy, measures will be taken to support the popularization of autonomous power production. To this end, the Ministry intends to amend the RA laws "On Renewable Energy and Energy Saving" and "On Energy". The proposed legislative initiative has already been approved by the government.

As Deputy Minister Hayk Harutyunyan explained, for large consumers to be given the opportunity to produce electricity for their own needs, it is proposed to review the current permissible threshold of electricity generation. According to the current procedure, individuals and legal entities can install independent solar plants with a capacity of 150 kW/h, produce electricity, and sell the surpluses to CJSC "Electric Networks of Armenia". According to the deputy minister, this threshold is not adequate for large electricity consumers. Thus, it is proposed to increase the permissible threshold to 500 kW/h.

At the same time, within the framework of the envisaged amendments to the Law on Renewable Energy and Energy Saving, regulation of electricity flows between autonomous producers using renewable energy sources and a person having a license for electric power distribution is provided.

The method of calculating the amount of compensation is also changing. Annual compensation is to change the monthly compensation. According to the draft changes, at the end of the year the distributing company will calculate the flows and only then begin to pay the proper compensation.

Due to the proposed amendments, Hayk Harutyunyan believes that autonomous power producers will be able to install solar cells with a larger capacity, also for heating purposes. "Thus, there will be an opportunity to produce electricity and store for networks in the summer, and to get back at the same price in the winter." The current procedure did not provide for such an opportunity, as monthly compensation for generated electricity was carried out," said Deputy Minister of Energy Infrastructures and Natural Resources of Armenia. Earlier, Armenia adopted the "Concept for Ensuring Armenia's Energy Security".  According to it, by 2020 renewable sources will cover 20% of all consumed energy in Armenia, and by 2026 - all 50%. The government plans to reduce energy consumption by 38% and, accordingly, energy costs until 2020. In Armenia, all conditions have been created for the installation of solar power plants. Not only are licenses not required, but the entire process is exempt from taxes. All the conditions for investing in this sphere have been created.

One of these days the launch of the largest solar power station in Armenia in 1 MW in the city of Talin, Aragatsotn was held. The volume of investments invested in the project amounted to $ 1 million. The power plant covers an area of 1,800 square meters, and its nominal capacity reaches 1 MW, which is enough to provide electricity to 400 families. A month earlier, the first industrial power plant in Tsakhkadzor with a nominal capacity of 450 kW was put into operation in late September. In the process of construction of another 9 similar power generation stations. The Ministry of Energy plans to launch them in 2018. According to the investment program approved by the government of the country, it is planned to build solar stations in Armenia at 6 sites with a total installed capacity of up to 110 MW. At the first stage, a site near the "Masrik" community was chosen, where a solar station with a capacity of 55 MW will be built. The total cost of the program for the construction of solar power stations in Armenia is $ 129 million.

POST A COMMENT
Input digits     


News
AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000
Team Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  openedTeam Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  opened
Armenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSCArmenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSC
Armenia values development of  cooperation with Denmark in  high  technology and renewable energyArmenia values development of  cooperation with Denmark in  high  technology and renewable energy
ArmSwissBank: First in Armenia to Publish a Climate Transition PlanArmSwissBank: First in Armenia to Publish a Climate Transition Plan
Ucom Launches 5G Network in Abovyan and EjmiatsinUcom Launches 5G Network in Abovyan and Ejmiatsin
Armenia`s government to be entitled to approve new vehicle purchase support programmesArmenia`s government to be entitled to approve new vehicle purchase support programmes
WB appoints Fabrizio Zarcone as its new Country Manager for ArmeniaWB appoints Fabrizio Zarcone as its new Country Manager for Armenia
Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer 
Armenian president holds bilateral meetings in Spain Armenian president holds bilateral meetings in Spain 
RA Tourism Committee, South Caucasus Railway combine efforts to develop tourism RA Tourism Committee, South Caucasus Railway combine efforts to develop tourism 
Populism being institutionalized in Armenia - ex-official Populism being institutionalized in Armenia - ex-official 
Samvel Karapetyan`s family starts investment dispute with Armenia Samvel Karapetyan`s family starts investment dispute with Armenia 
RA Minister of Economy  discussed  Armenian cargo carriers` situation  with his Georgian counterpartRA Minister of Economy  discussed  Armenian cargo carriers` situation  with his Georgian counterpart
Expert: Armenian businesses  face obstacles  to growth due to  unfavorable conditions Expert: Armenian businesses  face obstacles  to growth due to  unfavorable conditions 
Export growth has been minimal in recent years: Luys FoundationExport growth has been minimal in recent years: Luys Foundation
Economy Ministe: Armenia  determined to realize its agricultural potential despite numerous challengesEconomy Ministe: Armenia  determined to realize its agricultural potential despite numerous challenges
Economist: Women in Armenia are more productive in business, but  their involvement remains lowEconomist: Women in Armenia are more productive in business, but  their involvement remains low
Customer Appreciation Day at IDBankCustomer Appreciation Day at IDBank
ENA Acting CEO dismisses the idea of reducing tariffs under the new manager as a mythENA Acting CEO dismisses the idea of reducing tariffs under the new manager as a myth
ENA to defend its rights within law - statement ENA to defend its rights within law - statement 
AraratBank Joins BAFT AssociationAraratBank Joins BAFT Association
No romanticism, businesses soberer now - Tigran Jrbashyan No romanticism, businesses soberer now - Tigran Jrbashyan 
More than 2/3 of Armenian entrepreneurs do business in the extractive sector and consumer servicesMore than 2/3 of Armenian entrepreneurs do business in the extractive sector and consumer services
Minister: 69 trucks with Armenian cognac heading to Russian borderMinister: 69 trucks with Armenian cognac heading to Russian border
Economy Minster  discussed upcoming tasks with  WB Country Office HeadEconomy Minster  discussed upcoming tasks with  WB Country Office Head
Papoyan: On June 27, 94 trucks carrying Armenian apricots entered Russia for exportPapoyan: On June 27, 94 trucks carrying Armenian apricots entered Russia for export
In Armenian interbank foreign exchange market, dollar transactions decreased, while ruble transactions increased June 23 to June 27, 2025In Armenian interbank foreign exchange market, dollar transactions decreased, while ruble transactions increased June 23 to June 27, 2025
Armenia, Turkey discuss opportunities for energy cooperationArmenia, Turkey discuss opportunities for energy cooperation
Overchuk: It is impossible for Armenia to be a member of both  Eurasian Economic Union and EU at the same timeOverchuk: It is impossible for Armenia to be a member of both  Eurasian Economic Union and EU at the same time
Prime Minister participates in  Supreme Eurasian Economic Council  regular meetingPrime Minister participates in  Supreme Eurasian Economic Council  regular meeting
Over AMD 12 Billion Provided by AraratBank in 2024 to Support the MSME SectorOver AMD 12 Billion Provided by AraratBank in 2024 to Support the MSME Sector
ENA nationalization bill classic indirect expropriation - expert ENA nationalization bill classic indirect expropriation - expert 
Armenia`s authorities to nationalize ENA by amending two laws Armenia`s authorities to nationalize ENA by amending two laws 
60-70 percent of word under CEPA roadmap done - Ministry of Economy60-70 percent of word under CEPA roadmap done - Ministry of Economy
Even small states with ambitions and technological maturity can play  a significant role in the global technological ecosystem: PashinyanEven small states with ambitions and technological maturity can play  a significant role in the global technological ecosystem: Pashinyan
Under  EAEU-  UAE Economic Partnership Agreement, 95% of Armenia`s  current exports to Emirates will receive preferential coverage Under  EAEU-  UAE Economic Partnership Agreement, 95% of Armenia`s  current exports to Emirates will receive preferential coverage 
Economy Minister: In the near future, several dozen more cars will  leave Gezi as part of the agreement with TbilisiEconomy Minister: In the near future, several dozen more cars will  leave Gezi as part of the agreement with Tbilisi
World Bank to provide Armenia with $1.5 million grant for Nairit  plant dismantling and land reclamationWorld Bank to provide Armenia with $1.5 million grant for Nairit  plant dismantling and land reclamation
Economy Minister on ENA nationalization: This is not an attempt by the state to take over private businessEconomy Minister on ENA nationalization: This is not an attempt by the state to take over private business
Concessions provided to Yerevan by Ulaanbaatar to cover 98% of exports from Armenia to MongoliaConcessions provided to Yerevan by Ulaanbaatar to cover 98% of exports from Armenia to Mongolia
Armenian NA to consider nationalization of ENA on July 1 Armenian NA to consider nationalization of ENA on July 1 
Armenia to extend ban on export of several agricultural products for another 6 monthsArmenia to extend ban on export of several agricultural products for another 6 months
Caroline Geginat concludes her mission in ArmeniaCaroline Geginat concludes her mission in Armenia
Armenia to receive loan and grant funds from KfW for expansion of renewables and energy efficiencyArmenia to receive loan and grant funds from KfW for expansion of renewables and energy efficiency
Changes in government`s medium-term expenditure program are merely simple reaction to uncontrollable events - Luys FoundationChanges in government`s medium-term expenditure program are merely simple reaction to uncontrollable events - Luys Foundation
IDBank Representative Joins the Editorial Board of Trade Finance GlobalIDBank Representative Joins the Editorial Board of Trade Finance Global
Armenia`s initiatives using AI presented in China Armenia`s initiatives using AI presented in China 
Armenian premier on management of nuclear capacities Armenian premier on management of nuclear capacities 
Armenia`s economic indicators `rather good` - premier Armenia`s economic indicators `rather good` - premier 
Some professional activities to become taxable from July 1, 2025Some professional activities to become taxable from July 1, 2025
Armenia`s premier attends opening ceremony of Armenia`s premier attends opening ceremony of "Homplex Mall"  construction materials center
How to Protect Your Bank Card DataHow to Protect Your Bank Card Data
Reduction in Armenia`s industry, index of prices for industrial  products shows slower rise Reduction in Armenia`s industry, index of prices for industrial  products shows slower rise 
Economic activity growth slows down, foreign trade in decline in Armenia Economic activity growth slows down, foreign trade in decline in Armenia 
RA Embassy: due to regional situation, Wizz Air has cancels flights to Yerevan until June 30RA Embassy: due to regional situation, Wizz Air has cancels flights to Yerevan until June 30
Armenia`s economy minister on results of talks with Georgian side Armenia`s economy minister on results of talks with Georgian side 
FlyOne Armenia acquired Airbus A321, enhancing its presence in aviation marketFlyOne Armenia acquired Airbus A321, enhancing its presence in aviation market
Maxim Evdokimov: We have not yet come to a  consensus on implementing  a fair roaming rateMaxim Evdokimov: We have not yet come to a  consensus on implementing  a fair roaming rate
Pashinyan discusses  Armenian Export Strategy 2025-2030   Pashinyan discusses  Armenian Export Strategy 2025-2030   
Read more
Exchange rates
01.07.2025
RUB4.910.01
USD385.320.85
EUR455.064.23
GBP530.703.90
CAD283.221.93
JPY26.950.28
CNY53.800.13
CHF488.555.98