Armenia may face a deficit of approximately 1 GW in generating capacity by 2036 if the average annual growth in electricity consumption reaches 4%. This forecast was announced by Rosatom CEO Alexey Likhachev, also considering the planned decommissioning of the Metsamor Nuclear Power Plant. Meanwhile, in 2025, electricity consumption in the country has already increased by 7%.
Likhachev noted that when assessing the balance, it is necessary to distinguish between installed capacity and the actual availability of electricity at an acceptable price. Solar and wind generation, whose output depends on weather conditions and is accompanied by pronounced daily fluctuations, account for a significant share of Armenia's energy system. According to the head of Rosatom, nuclear generation is capable of ensuring stable output regardless of these factors.
Earlier, Rosatom presented a proposal to the Armenian side for the construction of a new 1 GW power unit. Prime Minister Nikol Pashinyan stated that the government continues to study proposals from international partners, and the final decision will be made based on the project's economic parameters, including cost, quality, safety, implementation time, and provided guarantees.
