Assessment of Armenia’s Energy Security and Climate Indicators under Energy Transition Scenarios for 2030–2050
Assessment of Armenia’s Energy Security and Climate Indicators under Energy Transition Scenarios for 2030–2050
This research evaluates Armenia’s long-term energy security and CO₂ emission drivers across multiple energy transition scenarios, integrating TIMES-Armenia modelling with international indicator frameworks.
Abstract: This research project aims to quantitatively assess Armenia’s energy security and the key drivers of CO2 emissions under up to five energy transition scenarios from 2019 to 2050, focusing on the base year 2019 and target years 2030, 2040, and 2050. Scenarios will be selected from the Armenia Least Cost Energy Development Plan for 2024–2050 (LCEDP) developed in 2022 within the framework of the USAID-funded Market Liberalization and Electricity Trade Program using the TIMES-Armenia model.
The assessment will draw on data from the TIMES-Armenia model and the LCEDP analysis and incorporate internationally recognized indicators for energy security and CO2 emission drivers calculation. Energy security will be assessed across supply-side and demand-side patterns and economic indicators. Drivers of CO2 emissions will be analyzed using data on emissions, GDP per capita, fossil fuel and energy consumption, applying the Logarithmic Mean Divisia Index (LMDI) decomposition method to identify the key sectoral and structural contributors.
This study will provide the first data-driven long-term assessment of Armenia’s energy security and CO2 emission drivers during the energy transition. By combining quantitative modeling with stakeholder consultations, the project will generate evidence-based insights to guide national energy planning, inform investment priorities, and support Armenia’s transition toward a secure, sustainable, and low-carbon energy future.
Gayane Kolyan
Vincenzo Bianco
Gayane Kolyan
Karine Sargsyan
Nazeli Gevorgyan
Tatevik Hakobyan