Charged Decisions

More than a decade of ambitious sector reform has led to a period of stability in the Armenian energy sector. The sector faces challenges more typical of a developed economy than an emerging one: policymakers' concerns have shifted from avoiding total system collapse to optimizing the energy supply mix to provide affordable, reliable, and sustainable energy services. However, some old challenges remain and new ones have arisen. Armenia is still vulnerable to energy supply disruptions; tariffs lag the full cost of service provision; and a significant investment backlog impedes progress in energy infrastructure. The purpose of this note is to present the analysis of the challenges facing Armenia's energy sector, specifically, its electricity, natural gas, and heating subsectors. The intention of the note is not to prescribe solutions, but to present analysis of options and tradeoffs that the Government can use to inform its decision-making. Armenia's energy sector has undergone a series of reforms over the last fifteen years, which included privatization of the electricity distribution and gas companies, and some generating companies, establishment of an independent regulator, and development of a formal strategic plan for the sector. This energy sector overview highlights important outcomes from reforms and describes key sector characteristics.

Bibliographic Details

Main Authors:	Balabanyan, Ani, Kochnakyan, Artur, Sargsyan, Gevorg, Hankinson, Denzel, Pierce, Lauren
Format:	Report biblioteca
Language:	English en_US
Published:	World Bank, Yerevan 2011-10
Subjects:	ACCESS TO ENERGY, APPROACH, AVAILABILITY, AVERAGE COSTS, BALANCE, BANKRUPTCY, BENCHMARK, BOILER, BURNING GAS, CAPACITY FACTOR, CAPACITY FACTORS, CAPACITY UTILIZATION, CAPITAL COSTS, CHEMICAL PLANT, CIRCUIT BREAKERS, CONSUMERS, CONSUMPTION LEVELS, CONVERSION EFFICIENCY, COST ASSUMPTIONS, COST OF ELECTRICITY, COST OF NEW GENERATING CAPACITY, DEBT, DEMAND FOR ELECTRICITY, DEMAND GROWTH, DEVELOPMENT STRATEGY, DISTRIBUTION COMPANY, DISTRIBUTION LOSSES, DISTRIBUTION NETWORK, DISTRICT HEATING, DISTRICT HEATING SYSTEMS, DIVIDENDS, DOMESTIC USE, ECONOMIC COOPERATION, ECONOMIC JUSTIFICATION, ECONOMIC OUTLOOK, ECONOMIC RESEARCH, EFFICIENCY IMPROVEMENTS, ELASTICITY, ELASTICITY OF DEMAND, ELECTRICAL GRID, ELECTRICITY, ELECTRICITY COMPANY, ELECTRICITY CONSUMPTION, ELECTRICITY CONSUMPTION GROWTH, ELECTRICITY CRISIS, ELECTRICITY DEMAND, ELECTRICITY DISTRIBUTION, ELECTRICITY DISTRIBUTION COMPANY, ELECTRICITY GENERATING, ELECTRICITY GENERATION, ELECTRICITY PRICES, ELECTRICITY PRODUCERS, ELECTRICITY SALES, ELECTRICITY SECTOR, ELECTRICITY SUPPLY, ELECTRICITY SYSTEM, ELECTRICITY SYSTEMS, ELECTRICITY TARIFFS, ELECTRICITY TRANSMISSION, END-USE, END-USERS, ENERGY BILLS, ENERGY CONSUMPTION, ENERGY COSTS, ENERGY CRISIS, ENERGY EFFICIENCY, ENERGY EFFICIENCY INVESTMENTS, ENERGY EFFICIENCY MEASURES, ENERGY INFRASTRUCTURE, ENERGY MARKETS, ENERGY NEEDS, ENERGY SAVINGS, ENERGY SECTOR, ENERGY SECURITY, ENERGY SERVICE, ENERGY SUPPLIERS, ENERGY SUPPLY, ENERGY SYSTEM, ENERGY SYSTEMS, EXPORTS, FINANCIAL CRISIS, FIXED COSTS, FORECASTS, FUEL, FUEL COSTS, FUEL PRICES, FUEL SUPPLY, FUEL TYPE, FUELS, GAS COMPANIES, GAS COMPANY, GAS CONSUMPTION, GAS COSTS, GAS HEATING, GAS PIPELINE, GAS PIPELINES, GAS PLANT, GAS PLANTS, GAS PRICE, GAS PRICES, GAS RESERVES, GAS RESOURCES, GAS SECTOR, GAS SERVICE, GAS SUPPLY, GAS TRANSMISSION, GAS TURBINE, GAS UNITS, GAS-FIRED GENERATORS, GASIFICATION, GDP, GENERATING CAPACITY, GENERATION, GENERATION CAPACITY, GENERATION OF ELECTRICITY, GOVERNMENT SUBSIDIES, GROSS DOMESTIC PRODUCT, HEAT, HEAT SUPPLY, HEAVY RELIANCE, HIGH VOLTAGE CUSTOMERS, HIGH VOLTAGE NETWORK, HIGHER ENERGY PRICES, HIGHER GAS, HYDRO PLANT, HYDRO POWER, HYDROCARBONS, HYDROELECTRIC PLANTS, HYDROPOWER, HYDROPOWER PLANT, IMPROVING ENERGY EFFICIENCY, INCOME, INCOME ELASTICITY OF DEMAND, INDEPENDENT REGULATOR, INEFFICIENCY, INTEREST RATE, KILOWATT HOUR, KILOWATT-HOUR, KILOWATT-HOURS, LEGAL FOUNDATION, LEGAL STATUS, LIVING SPACE, LOAD FACTOR, LOW-INCOME CUSTOMERS,
Online Access:	http://documents.worldbank.org/curated/en/323861468208168829/Charged-decisions-difficult-choices-in-Armenias-energy-sector https://hdl.handle.net/10986/27410
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