PASADENA—On Thursday, July 28th at 7:30 PM, the Armenian Engineers and Scientists of America (AESA) will be hosting a lecture on renewable energy in Armenia given by Tamara Babayan, director of the Renewable Resources and Energy Efficiency Fund of Armenia ( R2E2 ). The event is the latest in a series of lectures hosted by AESA, and will be held at the Parsons Corporation in Pasadena, CA (100 W. Walnut Street Pasadena, CA 91124).
Attendees may RSVP by e-mailing Areg Gharabegian at [email protected] The event is free and open to the public with validated parking, but space is limited. More information can be found on the AESA website.
Armenia has no proven oil or natural gas reserves and imports all of its fuel for thermal generation from Russia and Iran. The country relies on imported natural gas to generate roughly 30 percent of its power and heating. Nuclear fuel, which is used to generate another 30 percent of electricity in Armenia, is also imported. The historic threats to supply security and affordability are expected to continue in Armenia. Therefore, the Armenian government’s commitment to developing renewable energy remains strong and there is now more urgency, given a looming gap between supply and demand.
This presentation will cover all aspects of renewable energy development in Armenia, including resource assessment, policy and regulations, investment opportunities, and near future perspectives for increasing share of renewables in generation mix. Specific attention will be given to the Geothermal Exploratory Drilling Project and Solar Photovoltaic (PV) Power Project currently implemented by R2E2. It will also cover the Renewable Energy Investment Plan of Armenia, which was approved by Climate Investment Funds (CIFs) to make funding available for the installation of 40-50 MW solar power plants.
Tamara Babayan, lecturer at the event, has been the director of the Renewable Resources and Energy Efficiency Fund of Armenia ( R2E2 ) from its establishment in 2005. R2E2 is a quasi-governmental organization that aims to facilitate investment in energy efficiency and renewable energy, promote clean energy market development, and increase the use of sustainable, affordable, and safe heating technologies in Armenia’s built environment.
As director of the Fund, Babayan has managed a number of projects in the sustainable energy sector, including geothermal energy, urban heating, energy efficiency, other renewable energies, and most notably, in developing the Renewable Energy Road Map for Armenia. Before joining R2E2, Babayan was the director of the World Bank-financed urban heating project implementation unit.
Babayan is a member of the Strategic Climate Fund Committee under the Climate Investment Funds. She served as an expert for Private Sector Set Aside under the Scaling up Renewable Energy Program. She is also a member of Energy Efficiency Coordination Group of the Energy Community.
Babayan graduated from Yerevan State University’s physics department (solid state physics: 1987-1992). She studied public administration from 1996-1998.
The Armenian Engineers and Scientists of America, Inc. (AESA) is a non-partisan and non-sectarian philanthropic organization focused primarily on addressing the professional, technical and scientific needs of fellow Armenians throughout the world.