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ARMENIA
Public Services Regulatory Commission of Armenia (PSRC)
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country map
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| Key Statistics (2011) |
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2010
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2011
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Population
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mln.
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3.26
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3.27
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GDP/Capita *)
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US$
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2879
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Generation
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Nuclear
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%
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38.4%
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34.3%
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Fossil fuel
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%
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22.2%
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32.2%
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Hydro
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%
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39.3%
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33.4%
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Прочее
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%
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0.11%
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0.08%
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Electricity market size
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TWh/year
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5.31
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5.79
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Surplus of installed capacity over demand
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MW
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2275
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2670
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Net electricity exporter
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TWh/year
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0.868
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1.332
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Electricity market structure:
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generating companies
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115
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128
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state-owned
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3
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3
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transmission company (state-owned)
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1
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1
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1 distribution company (privatized)
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1
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1
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1 power system operator (central dispatch service) (state-owned)
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1
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1
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1 settlement center (state-owned).
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1
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1
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*) GDP for 2011 has not been published yet.
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| Summary |
- Established in 1997, 107 staff members.
- Robert Nazaryan was appointed Chairman in July 2003. Vice-chairman and 3 commissioners are nominated by the Prime Minister and approved by the President for a five-year term, one ending every year.
- The PSRC is financed from the national budget approved by the Parliament.
- In the field of energy and telecommunications, the PSRC provides tariff policy implementation and issues licenses, allocates radio frequencies; while in the water sector it implements the tariff policy and issues permits to use water systems; in the postal sector it performs tariff regulation of universal services; in the railroad transport sector – calculates and approves the fee for using of the infrastructure, in the field of technical checkup of transport vehicles – sets tariffs for provision of services
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| Industry and Market Structure |
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115 generating companies (3 out of which belong to the state)
1 transmission company (state-owned)
1 distribution company (privatized)
1 power system operator (central dispatch service) (state-owned)
1 clearing center (state-owned).
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| Current Energy Issues |
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| Contact |
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22 Saryan Street, Yerevan, Armenia 375002,
Tel: (374 10) 522 522; Tel/fax: (374 10) 525 563
E-mail: psrc{.}psrc.am
Internet: www.psrc.am
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