Energy bridge with Azerbaijan: Armenia sets its sights on new markets and revenues

Pashinyan explained how the integration of power systems can strengthen the country's exports and security

The synchronization of the power systems of Armenia and Azerbaijan will open up new opportunities for Yerevan to export electricity and will make it possible to increase supply volumes to foreign markets. This was stated by Prime Minister Nikol Pashinyan, who noted that both countries have surplus generation capacity, while the region as a whole has significant export potential.

According to him, Armenia’s key interest lies in using Azerbaijani infrastructure to access larger markets, while Baku is interested in similar solutions taking into account power flows with Nakhchivan. The Armenian power system is already connected to Georgia and Iran, and the logical step, in the prime minister’s view, would be to also connect it to Turkey and Azerbaijan. This will expand opportunities for both independent and joint electricity exports.

Pashinyan emphasized that integrating the grids will provide Armenia with transit revenues and strengthen its energy and economic security. He noted that interconnectedness and involvement in international flows make the country more protected, since major markets and states will be interested in the stable and predictable operation of communications. According to him, such mechanisms are today one of the most reliable security guarantees.