Wednesday, July 3 2024 18:37
Naira Badalian

Armenia`s scores are the worst in the Energy Transition Index for the  last decade: LUYS Foundation

Armenia`s scores are the worst in the Energy Transition Index for the  last decade: LUYS Foundation

ArmInfo. The LUYS Foundation analyzed the report

In 2024, compared to the previous year, the System Performance  sub-index of the Armenia Energy Transition Index increased, while the  sub-index fell, by 8.6 points in total over  the past 2 years. Compared to 2022, a decrease was recorded in 4 out  of 5 indicators of this sub-index. In particular, the indicator fell by 14.7, by 8.2, by 3.0, by  15.9 points. At the same time, such a significant decrease in the  last of the listed indicators is a consequence of a sharp  deterioration in the indicators used to calculate it. In particular,  the indicator  decreased by 16 points, the indicator - by 19.6 points, - by 7 points. The  deterioration of the indicator is  mainly due to a decrease in the   indicator by 10.8 points.

The Armenia Energy Transition Index in 2024 is 3.8 points lower than  the world average. At the same time, both < System Performance > and  < Transition Readiness > sub-indices are lower than the world average  by 2.3 and 5.9 points, respectively.

Among its four neighboring countries, Armenia's score on the Energy  Transition Index is higher only than Iran's. In the world ranking,  Azerbaijan's score is 41 points higher than Armenia's, Georgia's  score by 23, and Turkiye's score by 20. Iran's score is 23 points  lower than Armenia's.  The Armenia Energy Transition Index exceeds  the indicators of the EAEU member states Kazakhstan and Kyrgyzstan  (the Russian Federation and Belarus are not included in the report),  which are included in the report.

In 2024, Armenia shares 19-20 places with Kyrgyzstan in the regional  ranking table, which includes 24 countries (former socialist  countries of Europe and former republics of the USSR).