restarted in 1995 – currently with 440 MW of installed ­capacity. About 954 MW of capacity is available from thermal power plants and approximately 1,300 MWs from hydropower. 3 Solar power has grown rapidly over the past few years, reaching over 600 MW of installed capacity. 4 Electricity generation by source varies by season. In par­ticular, renewable electricity generation is lower during winter months(due to less water and solar resource avail­ability), while natural-gas-powered generation accounts for a higher share in periods when the nuclear power plant is undergoing refueling or maintenance work. Looking at total consumption of energy by source, most of it is consumed in the form of natural gas and oil prod­ucts for transportation, heating, and industrial uses. As a carrier for final consumption, fossil fuels provide almost all the energy consumed by the transportation sector, two-thirds of the residential sector’s, about 60% of the in ­dustrial sector, and 70% of the commercial sector. 5 Taking into account the significant share of natural gas in elec­tricity generation as discussed above, it becomes evident that every single sector’s consumption in Armenia is high­ly reliant on imported fossil fuels. 3  https://www.german-economic-team.com/wp-content/uploads/2024/07/GET_ ARM_PB_02_2024_EN.pdf 4  https://www.ecolur.org/en/news/energy/15684/ 5  https://www.iea.org/countries/armenia/efficiency-demand Electricity Systems and Transitions 5