Armenian exports of electricity to Georgia in 2022 amounted to 365 million kWh, which is more than the combined exports in the previous 10 years, Deputy Minister of Territorial Administration and Infrastructure Hakob Vardanyan said.
According to him, only 242 million kWh of electricity had been exported to Georgia in 2012-2021.
He attributed the growth to liberalization of the energy market and simplified procedure for obtaining licenses for electricity exports.
Speaking at a discussions in parliament on a set of amendments to the law On Energy, he said they specify electricity trading mechanisms.
According to the amendments, the Yerevan Thermal Power Plant will regulate the balancing services, as it is the only power plant capable of implementing them with minimal expenses.
There are currently three high-voltage transmission lines between Armenia and Georgia. The construction of the fourth 400 kV line on a loan from the German bank KfW is scheduled to kick off in 2023.
Also, construction of a third high-voltage line between Armenia and Iran is underway, ARKA reports.
