Lifecycle
- Effective
- Last change
Country / jurisdiction: Armenia · Year: 2014 · Status: In force · Level: National · Type: Voluntary
Scaling Up Renewable Energy Program for Armenia (SREP Armenia) was published in April 2014. It is an update to the Renewable Energy Roadmap from 2011.
The SREP establishes new renewable energy production targets and underlines importance of the renewables deployment in a context of aging conventional energy generation infrastructure of Armenia. The RES deployment would increase Armenia’s energy security, lower its contributions to the climate change and create new employment opportunities. The government of Armenia recognizes importance of large and small scale RES projects deployment and lowering investment risks for interested parties.
Renewable energy targets:
2020
21% of RES in total power generation
2025
26% of RES in total power generation
Renewable energy generation capacity and production targets 2020-2025
Capacity installed (MW)
Generation (GWh)
2020
2025
2020
2025
Small Hydro
377
397
1049
1106
Wind
50
100
117
232
Geothermal
50
100
373
745
Solar PV
40
80
88
176
Total
492
677
1627
2259
SREP recognises geothermal and solar technologies as cost-effective and most feasible to deploy.
Potentials study indicates, that the main geothermal site of Armenia – Karkar, has possible output of 28,5 MW. Appropriate funding from the government will be provided for further exploratory drilling.
Official source: https://www.climateinvestmentfunds.org/cif/sites/climateinvestmentfunds.org/files/Armenia%20SREP%20Investment%20Plan_final.pdf
Source
https://www.iea.org/policies/5674Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.