Need for Renewal
The Energy Industry in Armenia, Azerbaijan, and Georgia
Deutsche Fassung
Abstract
Armenia, Azerbaijan, and Georgia are expecting a growing demand for energy in the next few years. Azerbaijan can take care of itself given its own oil and gas reserves. Armenia is dependent on fuel imports from Russia and is planning to expand nuclear power. Georgia’s energy mix varies seasonally due to its large share of hydroelectric power. In exchange for the transit of gas and oil, Georgia is remunerated with natural gas which it then uses for the production of inexpensive electricity. With the exception of hydropower, alternative sources of energy play little role in these three countries. There is hardly any investment in improving energy efficiency.
(Osteuropa 7-10/2015, pp. 191–209)