Hydropower The hydro potential of Armenia has been evaluated to be about 21.8 billion kWh/year, including 18.6 billion kWh from large and medium rivers and 3.2 billion kWh from small rivers. According to the Renewable Energy Armenia webpage, the economically feasible hydropower potential is about 3.6 billion kWh, with 1.5 billion kWh already utilized. The remaining hydropower potential is to be developed during the next 15 years. The total output of large and small hydropower existing in the country, as of January 2011, is 1,256 MW or 3,746 million kWh. There are 70 small hydroelectric plants operating with an installed capacity of 89 MW; in January 2009, building licences were issued for 64, and more are foreseen, along with several major plants.WindThe average annual wind velocity in Armenia is distributed unevenly in the range of 1.0 to 8.0 meters per second. In some regions, particularly in the Ararat Valley, strong mountain valley winds are quite common. For instance, during the summer months the velocity of these winds oftentimes reaches 20 m/s or more. Despite a relatively attractive wind regime in many parts of the country, the only operational wind power facility in Armenia today is the 2.6 MW Lori-1 pilot wind power project comprised of four 660 kW Iranian-assembled Vestas wind turbines. A second, the Iran-Armenia Wind Farm, is under construction.BiomassBiomass energy in Armenia has the potential to provide significant power, if utilized. Armenia has reasonable areas of land covered by forests and lands for agricultural industry, including farming of plants and animals. These areas can potentially produce residues which could be used as fuel for biomass combustion or gasification, as well as biogas production through anaerobic digestion. Forest residues (slash from forest thinnings or waste wood from sawmills) can provide a concentrated resource to be used as fuel for energy production. Agricultural residues can provide a range of residues, including crop residues (corn stover, nutshells, fruit tree branches, etc.) and animal wastes.SolarArmenia is rich in solar energy resources, the utilization of which will reduce the need for imports of other energy sources. The average annual solar radiation is approximately 1,720 kWh/m2 compared to the average annual European solar radiation of 1,000 kWh/m2. Over a quarter of the territory of the country has solar resources with an intensity of 1,850 kWh/m2.The need to promote EE in Armenia is going to increase due to the fact that the upcoming decommissioning of the nuclear power plant by 2016 requires the country to develop RE. Additionally, Armenia is a signatory of such international agreements as Copenhagen Accord, under which the country has committed to increasing energy production based on RE sources and improving EE in all sectors of the economy, as well as in buildings and construction. Better use of the potential of EE will limit the dependency of the country on imported fuel.GeothermalRecent geologic surveys funded by the World Bank show that on the Syunik volcanic plateau, the Jermaghbyur region presents the best region for extracting geothermal power. The water temperature at 2500-3000 m is about 250o C. Using single flash technology this site can produce approximately 25 MW of electric power. In addition to Jermaghpyur, two more geothermal sites; Karkar and Gridzor are being investigated under the WB/Geo-Fund.