02 Jul '13, 6pm

Renewable Resources Will Help Armenia Avoid Energy Crisis

Yerevan, Armenia -- Armenia is set to develop its renewable energy resources in the coming years, announced its deputy minister of energy and natural resources Areg Galstyan. It will set its focus mainly on hydropower plants, but it will put some emphasis on solar energy, as well. However the government is hesitant towards the development of its wind sector. The Armenian government is taking renewables development very seriously as it has little to no traditional fuel reserves. Without the alternative energy, the country could face serious crisis in coming decades. "Armenia is highly dependent on imported gas and other energy sources. Today the share of renewable resources in the total energy structure of the country accounts for 23 percent,” according to the Ministry of Energy and Natural Resources. “We expect that by 2020 this figure should exceed 50 percent.” Hydropower...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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