Time in Yerevan: 11:07,   1 March 2024

Armenia plans to achieve 60% renewable energy by 2040

Armenia plans to achieve 60% renewable energy by 2040

YEREVAN, DECEMBER 7, ARMENPRESS. Armenia plans to increase the share of solar power in its energy system to 15% by 2030, President of Armenia Vahagn Khachaturyan said in an interview with Armenpress after his participation in COP28 in Dubai. At this moment the share of solar power in Armenia’s energy system is only 5%, he said.

Furthermore, Armenia plans to increase the share of overall alternative energy, such as hydro power plants, wind and solar power and nuclear power, up to 60% in the energy system by 2040.

Armenia, like other countries in the world, has obligations to reduce and limit emissions and increase the share of alternative energy resources. “Recently there was a change in our energy strategy, and we plan to increase the share of solar power in our energy system to 15% by 2030. We find it realistic, that by 2030 we can achieve this,” the President said.

President Khachaturyan highlighted the fact that there is consensus about the need to stop using fossil fuels and gradually shift to the use of alternative energy-powered vehicles, i.e., electric vehicles, or in the event of finding new technological solutions, hydrogen-powered cars.








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