Armenia can export power worth $100 mln/yr, looks for consumer
YEREVAN, Dec 19 (Prime-Tass) -- Armenia is capable of annually exporting power worth U.S. USD 100 million, but cannot find consumers for that amount of power, Armenia's Energy Minister Armen Movsisyan told reporters Friday.
The capacity of Armenia's power plants amounts to 3,500 MWt, while only 1,110 MWt are currently used due to low domestic demand, he said.
Therefore, it does not make sense to start building a second nuclear power plant in the country, he added.
The International Power Corporation, an Armenia-based subsidiary of Russia's power grid monopoly UES, has already started power exports from Armenia to Georgia, he said.
The company plans to start exporting power to neighboring states, including Turkey.
Currently, Armenia has one nuclear power plant, which is located 40 kilometers from the country's capital, Yerevan, and accounts for 40% of Armenia's total power output.
It was launched in 1979, but after the devastating earthquake in 1989 it was shut down.
In 1996, with the help of Russian specialists, the second power block of the nuclear plant was re-launched.
The combined capacity of its two power units is 815 MWt, but only one unit is currently in operation. End
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To think, Armenia is a country that produces a surplus of electricity that it can’t find markets for.
I can think of a market for it’s electricity. How about using it for public transportation instead of importing fuel from the outside?
I guess that makes too much sense and would provide less of a profit to the Minister of Defense Serge Sarkissyan, who has the monopoly on such imported fuel.
This is just another example of the incompetence and mismanagement of the Robert Kocharian government, who has been systematically ripping up our electrical transportation system that was in place prior to his becoming “President”.
To add insult to injury, they exchange the majority of our power plants to Russia in exchange for debts they themselves have most probably caused us thanks to all the money they and their friends misappropriate from our government funds, thus leave us with no money to repay our debts. The only think that comes to mind is better unspoken right now.
On top of this, from what I remember, the power stations that the Russians were given were given to repay a debt of much less than $100 million. I wonder who in our government has a share in the power plant now? It wont be hard to find. In fact we already know and when the time comes will reveal those individuals when they are facing criminal charges in a court of law they don’t control.
YEREVAN, Dec 19 (Prime-Tass) -- Armenia is capable of annually exporting power worth U.S. USD 100 million, but cannot find consumers for that amount of power, Armenia's Energy Minister Armen Movsisyan told reporters Friday.
The capacity of Armenia's power plants amounts to 3,500 MWt, while only 1,110 MWt are currently used due to low domestic demand, he said.
Therefore, it does not make sense to start building a second nuclear power plant in the country, he added.
The International Power Corporation, an Armenia-based subsidiary of Russia's power grid monopoly UES, has already started power exports from Armenia to Georgia, he said.
The company plans to start exporting power to neighboring states, including Turkey.
Currently, Armenia has one nuclear power plant, which is located 40 kilometers from the country's capital, Yerevan, and accounts for 40% of Armenia's total power output.
It was launched in 1979, but after the devastating earthquake in 1989 it was shut down.
In 1996, with the help of Russian specialists, the second power block of the nuclear plant was re-launched.
The combined capacity of its two power units is 815 MWt, but only one unit is currently in operation. End
##
To think, Armenia is a country that produces a surplus of electricity that it can’t find markets for.
I can think of a market for it’s electricity. How about using it for public transportation instead of importing fuel from the outside?
I guess that makes too much sense and would provide less of a profit to the Minister of Defense Serge Sarkissyan, who has the monopoly on such imported fuel.
This is just another example of the incompetence and mismanagement of the Robert Kocharian government, who has been systematically ripping up our electrical transportation system that was in place prior to his becoming “President”.
To add insult to injury, they exchange the majority of our power plants to Russia in exchange for debts they themselves have most probably caused us thanks to all the money they and their friends misappropriate from our government funds, thus leave us with no money to repay our debts. The only think that comes to mind is better unspoken right now.
On top of this, from what I remember, the power stations that the Russians were given were given to repay a debt of much less than $100 million. I wonder who in our government has a share in the power plant now? It wont be hard to find. In fact we already know and when the time comes will reveal those individuals when they are facing criminal charges in a court of law they don’t control.
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