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Summer School

Energy Investment Regularion Conference 2008, Budapest


ARMENIA
Public Services Regulatory Commission of Armenia (PSRC)



country map

Key Statistics (2008)

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, 110 staff members.
  • Robert Nazaryan was appointed 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, 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 the infrastructure, in the field of technical checkup of transport vehicles – sets tariffs for provision of services.
  • The PSRC is financed from the national budget approved by the Parliament.
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)
Current Energy Issues

 

Contact

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

Report on the Status of the PSRC

Laws

  PSRC Org. Chart

  Annual report

  • 2004

  Grid Code

  Sample Licenses

 Tariff Methodology

 

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