Over the past year, from April 2025 to March 2026, Armenia has seen a significant reliance on clean electricity sources. Low-carbon energy generation accounts for more than half of the total electricity consumed in the country, precisely 62.35%. Within this category, nuclear power stands out with nearly 30% of electricity generation, closely followed by hydropower at a quarter of the total. Solar power also contributes almost 8%, showcasing Armenia’s commitment to diversified clean energy sources. On the other hand, fossil energy, entirely derived from gas, makes up nearly 38% of the electricity mix. This remains a substantial portion, indicating room for further growth in low-carbon electricity generation to reduce fossil fuel dependency.

Is Electricity Growing in Armenia?

Currently, electricity consumption in Armenia is exhibiting a slight downturn. The latest data point, from 2026, records electricity consumption at 3405 kWh per person, marking a decrease from the 2024-high of 3505 kWh per person. This represents a decline of 101 kWh per person. Specifically focusing on low-carbon electricity, the figures also show a reduction from the 2024 record, with 2123 kWh per person in 2026 compared to 2251 kWh per person in 2024, indicating a dip of 128 kWh per person. This stagnation and regression in both total and low-carbon electricity generation raise concerns about the insufficient growth needed to meet future demands and ensure sustainable development.

Suggestions

To boost low-carbon electricity generation, Armenia can focus on expanding its current high-performing nuclear energy capacity. Nuclear power already provides a significant portion of the country's clean electricity, and increasing its share could further solidify Armenia's energy security and sustainability. Additionally, integrating solar energy more robustly could greatly enhance the low-carbon mix, taking cues from regions like Nevada and Lebanon, where solar accounts for roughly a third of their electricity generation. Observing Europe's nuclear leaders such as Slovakia, where nuclear energy accounts for an impressive 65% of the electricity mix, can provide valuable insights for Armenia. By learning from these successful regions, particularly in augmenting nuclear and solar capabilities, Armenia can improve its clean energy portfolio while reducing reliance on fossil fuels.

History

Historically, Armenia's journey toward low-carbon electricity has shown resilience and adaptability over the years. In the 1990s, hydropower experienced fluctuations, with some years of significant growth followed by declines. Similarly, the late 1990s saw notable increases in nuclear generation, unfortunately interspersed with downturns. The new millennium showed modest but steady improvements in both hydropower and nuclear outputs, although nuclear saw several decreases, notably in 2016, 2018, and 2021. However, recent years have demonstrated recovery with both nuclear and hydropower contributing positively. Particularly noteworthy is the year 2022, which witnessed growth in both energy types. These historical shifts underscore the importance of consistent investment and expansion in nuclear and solar energy to maintain and increase the momentum of clean electricity in Armenia.

Electricity Imports and Exports

Balance of Trade

* 12M = Last 12 months (Apr 2025 – Mar 2026) — a rolling 12-month period, not a calendar year.