Charged Decisions : Difficult Choices in Armenia's Energy Sector
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 avoidi...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Yerevan
2017
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| Online Access: | http://documents.worldbank.org/curated/en/323861468208168829/Charged-decisions-difficult-choices-in-Armenias-energy-sector http://hdl.handle.net/10986/27410 |
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okr-10986-27410 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
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 |
| spellingShingle |
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 Balabanyan, Ani Kochnakyan, Artur Sargsyan, Gevorg Hankinson, Denzel Pierce, Lauren Charged Decisions : Difficult Choices in Armenia's Energy Sector |
| geographic_facet |
Europe and Central Asia Armenia |
| description |
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. |
| format |
Report |
| author |
Balabanyan, Ani Kochnakyan, Artur Sargsyan, Gevorg Hankinson, Denzel Pierce, Lauren |
| author_facet |
Balabanyan, Ani Kochnakyan, Artur Sargsyan, Gevorg Hankinson, Denzel Pierce, Lauren |
| author_sort |
Balabanyan, Ani |
| title |
Charged Decisions : Difficult Choices in Armenia's Energy Sector |
| title_short |
Charged Decisions : Difficult Choices in Armenia's Energy Sector |
| title_full |
Charged Decisions : Difficult Choices in Armenia's Energy Sector |
| title_fullStr |
Charged Decisions : Difficult Choices in Armenia's Energy Sector |
| title_full_unstemmed |
Charged Decisions : Difficult Choices in Armenia's Energy Sector |
| title_sort |
charged decisions : difficult choices in armenia's energy sector |
| publisher |
World Bank, Yerevan |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/323861468208168829/Charged-decisions-difficult-choices-in-Armenias-energy-sector http://hdl.handle.net/10986/27410 |
| _version_ |
1764461511966720000 |
| spelling |
okr-10986-274102021-04-23T14:04:35Z Charged Decisions : Difficult Choices in Armenia's Energy Sector Balabanyan, Ani Kochnakyan, Artur Sargsyan, Gevorg Hankinson, Denzel Pierce, Lauren 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 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. 2017-06-27T21:15:43Z 2017-06-27T21:15:43Z 2011-10 Report http://documents.worldbank.org/curated/en/323861468208168829/Charged-decisions-difficult-choices-in-Armenias-energy-sector 978-9939-831-18-3 http://hdl.handle.net/10986/27410 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Yerevan Economic & Sector Work :: Energy Study Economic & Sector Work Europe and Central Asia Armenia |