Tuesday, October 1 2024 13:51

ArmInfo. Armenia can produce more electricity for export than it currently consumes. This was  stated by Deputy Minister of Territorial Administration and Infrastructure of the Republic of Armenia Hakob Vardanyan during a panel session on the topic: 

"Eurasian Economic Integration in the Energy Sector", which is being  held within the framework of the Eurasian Forum. "We consume 7  billion kWh of electricity per year, and we can produce the same  amount and export it," he emphasized.

Vardanyan emphasized that today consumers in Armenia pay for  capacities, and they are idle. In the case of integration with the  EAEU, according to him, it will be possible to use these capacities.  According to the deputy minister, after the collapse of the USSR,  Armenia had big problems in the energy sector related to dispatching  and other issues that are difficult to solve for small energy  systems. "But we managed, one way or another, to solve these  problems, but at the expense of the fact that electricity in the  country turned out to be a little expensive, because we have to keep  more reserves than necessary, pay for services that were free or had  very low prices. Therefore, further integration in the energy sector  will only benefit Armenia," Vardanyan emphasized. Noting that Armenia  does not have direct electricity ties with the rest of the Union  countries, he recalled that Armenia is building a new power  transmission line with Georgia, and will be able to work in parallel.  "We think that this will help us increase energy security in the  country, and not keep so many reserves," he said.

In this regard, the deputy head of the department emphasized that the  costs per kilowatt/hour will be much lower, energy security will be  higher, and the economy will develop thanks, among other things, to  the possibility of exporting electricity.