Armena looking to increase nuclear energy production by “at least 10%”

Armena looking to increase nuclear energy production by “at least 10%”
January 31, 2018 - 14:13 AMT

PanARMENIAN.Net - Armenia’s energy ministry has has set itself a task to increase the volume of domestically-produced electricity from renewable energy sources to at least 50%, reduce the amount of gas consumed for power generation at gas stations by at least 20% and expand the share of nuclear energy by at least 10%.

Energy minister Ashot Manukyan said at a meeting with prime minister Karen Karapetyan that the project is aimed at ensuring energy security for the country.

Weighing in on the 10% increase of nuclear energy production, Manukyan said the ministry will also work to bring the reliability of a power unit to the high level through modernization.

Earlier, Dirk Lorenz, Deputy Head of Division, Eastern Partnership Bilateral, EEAS, said that the nuclear power plant near the Armenian town of Metsamor must shut down as soon as possible.

 Top stories
Armenia dismisses Turkey’s demand to shut down nuclear plant as “inappropriate”Armenia dismisses Turkey’s demand to shut down nuclear plant as “inappropriate”
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia to loan AMD 2.9 billion to KarabakhArmenia to loan AMD 2.9 billion to Karabakh
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
Azerbaijan opposes Armenia’s plans to build new metallurgical plantAzerbaijan opposes Armenia’s plans to build new metallurgical plant
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Armenia attracts record amount of foreign direct investments, says MinisterArmenia attracts record amount of foreign direct investments, says Minister
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
 Articles
4 rules for business success

An ultimate guide

 Most popular in the section
Armenia's international reserves grew by 8.9% in 2022
IDBank to participate in Career City Fest 2023
Armenia-Iran trade grew 45% in January-October – official
Shell already in Armenia: First fuel stations put into operation
Home
All news
Overview: Economy
Archive for January 31, 2018
Other news in this section
 Latest news
Erdogan wants “realistic road map” for relations with Armenia Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.
Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.
Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of Armenia
Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan.
---