In case of the closing of the Armenian Nuclear Power Plant (ANPP), the European Union intends to finance the project for creation of the alternative energy sources. European Commission representative Michael Lee stated in Yerevan. In his words both Armenia and the European Union share the opinion that sooner or later the plant should be laid up in the view of its dangerous location in the seismic activity zone. Michael Lee reported that the project for the substitution of the ANPP facility with the alternative sources had been already presented to the discussion of the EU, which is going to finance its realization. To note, the EU has already announced about establishing the fund amounting in 100 million euros, which will be spent on the creation of the alternative energy sources in case of the closing of the ANPP. Before that the EU assigned 11 million euros for strengthening the security of the Armenian Nuclear Power Plant, beginning with the current, however, this program has been stopped.





