Energy market liberalization goals almost achieved 

ArmInfo.In general, Armenia has already achieved what it was striving for within the framework of the  reform to liberalize the energy market. This was stated by the Chairman of the Public Services Regulatory Commission (PSRC) of the Republic of Armenia Mesrop Mesropyan in an interview with journalists  on March 10.

"The reform itself is not easy, and from time to time we face various  difficulties. But, until today, we have managed to solve all the  problems in the process and move forward," he said.

Thus, over the past period, many large consumers were able to  register on the online platform, become a market participant and get  the opportunity to purchase electricity at a lower price. That is, an  exchange for the sale of electricity will be formed.

At the same time, the head of the PSRC indicated that the goal of  liberalizing the electricity market is not to reduce prices, but to  eradicate the monopoly of and abandon the  average tariff.  As a result, each customer will pay for electricity  to the extent that he creates problems for the system.

As the head of the Regulator pointed out, Armenia has great potential  for solar energy. Currently, the total capacity of solar panels  located on the roofs of houses is 420 MW, more than 300 MW is  generated by production stations. And this is only half of the  available resource, Mesropyan added.

, he pointed out.

Since February 1, 2022, a gradual liberalization has started in  Armenia, which means that some stations will no longer have a tariff  formed by the PSRC, but will start selling their electricity at a  price formed as a result of supply and demand in the market. They  will become participants in the wholesale trade market, whose  entities will purchase this electricity under market conditions. In  Armenia, the Market Liberalization and Electricity Trade Program is  being implemented by the United States Agency for International  Development (USAID). The Public Services Regulatory Commission and  the Ministry of Territorial Administration and Infrastructure are  actively involved in the process.