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ARMENIA
Public Services Regulatory Commission of Armenia (PSRC)
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country map
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| Key Statistics (2007) |
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Population: 3,2 million
GDP/capita: $ 1983
Generation: Fossil fuel: 25.2%, Nuclear: 43.3%, Hydro: 31.5%
Electricity market size: 5.54 TWh/year
Surplus of installed capacity over demand: 1,930 MW
Net electricity exporter: -0.095 TWh |
| Summary |
- Established in 1997, 89 staff members.
- Robert Nazaryan was appointed ERC Chairman in July 2003. Five commissioners nominated by the Prime Minister and approved by the President for five-year terms, one ending every year.
- In the field of energy and telecommunications, the PSRC is implementing the tariff policy and issues licenses, while in the water sector it implements the tariff policy and issues permits to use water systems.
- The PSRC is financed from the national budget approved by the Parliament.
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| Industry and Market Structure |
- 51 generating companies (4 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 |
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