Strategy for Development of the Energy Sector within the Context of Economic Development of Armenia
Category: Executive
Document Type: Strategy
Role: Main
Armenia's Energy Sector Development Strategy Adopted June 23, 2005
This document, the "Energy Sector Development Strategy in the Context of Economic Development in Armenia," was adopted by the Government of Armenia on June 23, 2005, via Resolution 1 of Protocol 24. Its primary purpose is to outline strategic directions for the development of Armenia's energy sector within the broader context of the nation's economic development, moving beyond the transitional period tasks towards objectives ensuring sustainable growth. The strategy's scope is comprehensive, covering basic principles, the utilization of domestic energy resources, energy security and independence, energy conservation, nuclear energy, diversification of supplies, regional integration, and ensuring social policies, financial stability, and economic efficiency within the sector. It notably seeks to promote the production and use of renewable energy sources and addresses cost-effective ways to reduce future CO2 emissions. While the document outlines strategic directions and affected areas (primarily the energy sector, but linked to overall economic sectors like industry, agriculture, construction, and services), the provided excerpt does not detail specific quantitative obligations, deadlines, or compliance dates.
How Climate Copilot helps
- Get alerts when policies like this change or new ones appear in your sector.
- Ask AI to summarise, extract obligations, and answer questions — with citations.
- Organise notes and your own documents alongside the source material.
No signup needed.
Full text:
Energy Sector Development Strategy in the Context of Economic Development in Armenia Adopted by the Government of Armenia at June 23, 2005 session N 1 resolution of N 24 protocol TABLE OF CONTENTS i Energy Sector Development Strategies in the Context of Economic Development in Armenia. August 2005 1. Introduction 1-1 2. Basic Principles of the Energy Sector Development Strategies 2-1 3. Domestic Energy Resources of Armenia 3-1 4. Energy Security and Independence 4-1 5. Utilization of Domestic Energy Resources and Energy Conservation 5-1 6. Nuclear Energy 6-1 7. Diversification of Supplies and Regional Integration 7-1 8. Ensuring Social Policies, Financial Stability and Economic Efficiency 8-1 9. Conclusions 9-1 Appendices Appendix I: Energy Sector of Armenia Today I-1 Appendix II: Republic of Armenia Energy Sector Development Programs II-1 Appendix III: Study of Energy Development Planning in Armenia 2000- 2020, Inc ii Energy Sector Development Strategies in the Context of Economic Development in Armenia. August 2005 1. INTRODUCTION 1.1 After a phased reform program for privatization of land and organizations, liberalization of consumer prices and foreign trade, system-wide reformation of the taxation, monetary and credit, banking, social security and other systems, Armenia introduced market values into all the institutions of its national economy. 1.2. Currently, in the last phase of the transitional period, system reformation tasks are being replaced by objectives ensuring development, including: - Formation of a market culture; - Restructuring of the basic branches of the economy; - Enforcement of anti-monopoly policies. 1.3. The Armenian Gross Domestic Product per capita went from 2957 USD (purchasing power parity) in 2002 to 3500 USD in 2003 to about 4230 USD in 2004.. Armenia was the 3rd among 170 countries in GDP growth in 2002. The economic growth in recent years resulted from high rates of development within the construction, industry, agriculture and service sectors. Despite the rapid growth, the very small GDP base does not yet allow for achievement of a GDP per capita that would establish a high level of living standard improvement. 1.4. The growth in gross domestic investments and foreign direct investments (FDI) in Armenia testifies to the increase of economic agility, improvement of business
Tags: Climate Change, Development, Energy, Energy Conservation, Energy Demand, Energy Efficiency, Energy Supply, Energy Transition, Governance, Industry, Investment, Mitigation, Nuclear, Policy, Regulation, Renewable Energy
Sector: Energy