Armenia

Increase resources and improve capabilities to enable the parallel implementation of Comprehensive and Enhanced Partnership Agreement (CEPA) and Eurasian Economic Union (EAEU) policies and measures. In particular, the government needs to be in a position to ensure regulatory consistency and legal certainty when approximating Armenian legislation to EU energy legislation, while at the same time setting up a common market for electricity and gas with EAEU member countries.

By dedicating a regular modelling budget to ensure consistency and comparability, and to avoid the loss of institutional memory, enhance the government's modelling capability. Work in this area should encompass the whole economy, and extend the time horizon at least to 2050 in order to chart net-zero pathways.

Continue the government’s considerable efforts to transition to a liberalised, competitive electricity market by reducing technical, economic and administrative barriers, and consider a similar path for gas.