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Tigran Parvanyan: Armenia Has A Big Potential In The Sphere Of Energ

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  • Tigran Parvanyan: Armenia Has A Big Potential In The Sphere Of Energ

    TIGRAN PARVANYAN: ARMENIA HAS A BIG POTENTIAL IN THE SPHERE OF ENERGY EFFICIENCY

    ARMENPRESS
    FEBRUARY 28, 2011
    YEREVAN

    YEREVAN, FEBRUARY 28, ARMENPRESS: Armenia's state policy must promote
    the increase of energy efficiency. Head of the Stable Energy Funding
    Program of the International Finance Corporation (IFC) in Armenia
    Tigran Parvanyan, presenting the initiatives implemented in the
    sphere of energy efficiency, noted that a survey has been conducted
    in the Armenian market, according to which the 72% of the enterprises
    noted that the current legislation does not promote the increase of
    energy efficiency. There are laws on energy, energy efficiency and
    recovery energy, a national program, but there are not distinct means
    of promotion. One hundred companies participated in the polling.

    According to Mr. Parvanyan, Armenia has a big potential in the sphere
    of energy efficiency, which is not completely used. He noted that
    the competence level in business environment is very low, and there
    are considerable tasks to fulfill in that direction.

    Besides the competence, there are some other obstacles for
    implementation of energy efficiency programs as well, among which
    are the absence of the own means of enterprises, the necessity of
    involving foreign investments, the difficulties of assessment of the
    expense efficiency of the program. Mr. Parvanyan noted that only the
    17% of the enterprises participated in the polling have applied for
    making use of the opportunity of the foreign funding.

    Energy Efficiency Expo 2011 will be conducted March 10-12 in
    the republic on the initiative of the IFC. It will contribute to
    competence increase of the society. The latest samples of energy
    efficiency equipments will be presented.

    The goal of IFC's Stable Energy Funding Program in Armenia is to
    establish a stable market in Armenia for investments in the sphere
    of recovery energy and energy efficiency through the work with local
    and international finance establsihemnts.




    From: A. Papazian
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