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Energy Update - July 2017


armenia

 

Armenia’s energy sector has moved from a severe crisis in the early 1990s to relative stability. A combination of policy, legal, regulatory, and institutional reforms have had good results.  Improvements in operating efficiency such as a decrease in technical and nontechnical line losses, and a nearly 100 percent collection rate, have helped create commercially viable service providers; however issues related to energy supply, technology, subsidies, energy distribution, market operation and administration remain.

The electric power system of Armenia is considered to have significant potential for sustainable energy because of the presence of hydroelectric and other renewable energy sources. According to Western experts, if Armenia can increase production of renewable energy and reduce its cost, the dependence on expensive natural gas can be reduced.

The most advanced renewable energy technology in Armenia is found in the hydropower sector, both in the use of large-scale power (e.g. - waters of Lake Sevan) and the more recent installation of small, run-of–the-river hydropower plants (SHPPs) throughout the country. 

Energy-efficiency investments are another potential area for consideration, for which financing from international donors may be available.

Shnogh Hydro Power Plant Investment Offer  | Waste to Energy Power Plant Investment Offer

*Country Commercial Guide | *Contact Amernia Energy Specialist


Trade Events

    For a complete listing of US Commercial Service  Global Energy Team supported events through 2017, click here.


    Webinars

    Top International Oil and Gas Markets
    The U.S. Department of Commerce, International Trade Administration is partnering with the Louisiana Gulf Coast Oil Exposition to provide an interactive update on the latest insights and strategies for international markets. Review trends and data sets related to oil and gas opportunities for exporting around the world, and get in-depth answers from the expert authors of the annual "Top Markets Report."
    WHEN: 1-2 PM (CST), Tuesday, August 1, 2017 (Duration: 1 Hour) | LOCATION: Virtual
    REGISTER HERE | COST: Free

    SAVE THE DATE! Energy Storage Opportunities for U.S. Companies in Australia
    Join the U.S. Commercial Service Australia for a webinar highlighting energy storage opportunities for U.S. companies in Australia on Friday, October 18 at 6:00 pm EST/5:00 pm CST.More details coming soon! For more information, contact Georgina Harrowell.


    Trade Leads


    Market Research


    Did You Know...?

    invest

    For every $1 Congress gives to the U.S. Commercial Service, an estimated $192 was returned to the American economy in the form of increased exports ($56.2 billion) and foreign direct investment ($5.3 billion), which supported approximately 300,000 U.S. jobs.

    Find more trade resources here.


    The Global Energy Team of the U.S. Commercial Service is dedicated to enhancing the global competitiveness of the U.S. energy industry, expanding market access, and increasing exports. To learn more about you how you can receive assistance in finding market intelligence, developing your export strategy, connecting with international buyers, or support at trade events, contact your Local Trade Specialists in one of our 100 U.S. Export Assistance Centers around the U.S. Visit our Energy webpage.

    Questions about the Energy Update: Contact Danielle Caltabiano.


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