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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
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- Energy Storage North America (ESNA), San Diego, CA, August 8-10, 2017
- U.S.-Brazil Grid Modernization Workshop, Brasilia, Brazil August 15-16, 2017
- Offshore Europe, Aberdeen, Scotland, September 5-8, 2017
- Solar Power International 2017, Las Vegas, NV Sept. 10-13, 2017
- US Industry Program at the IAEA General Conference, Vienna, Austria, Sept. 17-19, 2017 - more information available here.
- Power-Gen Asia, Bangkok, Thailand, September 19-21
- European Utility Week, Amsterdam, The Netherlands, October 3-5, 2017
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Trade Winds
Southeast Europe, Romania, Bulgaria, Serbia, Croatia, and Greece,
October 16-23, 2017
- Oil and Gas Trade Mission to Brazil, Rio de Janeiro, Brazil, October 22-27
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Louisiana Gulf Coast Oil Exposition (LAGCOE), Lafayette, Louisiana, October 24-26, 2017
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International Nuclear Atlantic Conference INAC 2017, Belo Horizonte, Brazil, Oct 22 -27, 2017
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Smart Grid Symposium, Spain, October 23-26
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Renewable Energy Integration Trade Mission to Canada,
October 30 – November 2, 2017
- Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) - November 13-16, 2017, Abu Dhabi, UAE
For a complete listing of US Commercial Service Global Energy Team supported events through 2017, click here.
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.
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.
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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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