Hayots Ashkharh: Expensive Power Generation Continues In Armenia

HAYOTS ASHKHARH: EXPENSIVE POWER GENERATION CONTINUES IN ARMENIA

09:11 * 17.09.14

Below is an excerpt from the paper’s editorial commenting on the
observed surge in the electric power prices.

The specific weight of dear energy continues increasing in Armenia’s
electric power generation system. That naturally raises the pressure
on the final prices.

It is noteworthy that the recent surge in the power prices was caused
by the distribution networks’ decision to buy dear energy. That caused
a deficit of 16 billion Drams (approx $40,000) in the system. And in
order to bridge it, extra resources were needed. So the 10% surge in
the tariffs became the only source,

Though the generation of expensive power was one of the main reason
behind the recent surge in the power prices, the trend continues
to date.

The problem is particularly observed in the Hrazdan hydropower plant
and the 5th energy bloc.

After the recent surge, the price [per kilowatt] power is 37 Drams in
the former and 40 Drams in the latter (approx $0,010). Incomparably
less expensive is the price at the Yerevan Hydropower Plant (18.1
Drams or $0,04).

The decline in the power generation continues this year. Official
data suggest that it dropped by 4.2% in the first seven months.

Armenian News – Tert.am

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS