
ArmInfo. Armenia has surplus power and needs to export it, as stated by Deputy Foreign Minister of the Republic of Armenia Vahan Kostanyan at a NA European Integration Committee meeting on March 23.
According to him, the Armenia-Georgia power line's construction could significantly enhance the country's export potential. The Deputy Minister highlighted the significant potential for increasing electricity production in the country. However, there is no capacity for export, much less for storing large amounts of electricity. The new power line construction will provide that opportunity. Given the development of solar power in Armenia, three key objectives must be addressed: increasing domestic electricity consumption, exporting it, and establishing reserves by installing batteries, which has become a new but very important component in relations with the EU.