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ARMENIA Public Services Regulatory Commission of Armenia (PSRC)
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country map
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| Key Statistics (2008) |
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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, 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.
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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 Internet: www.psrc.am |
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