Energy Law

This Law shall regulate the relationships between the government bodies, legal entities of the energy sector operating under this Law, and consumers of electricity, thermal energy and natural gas in the Republic of Armenia. The components of the energy sector are: (a) the electrical energy system; (b) the thermal energy supply systems; and (c) gas supply system. The basic principles of the state policies for the energy sector are as follows: (a) regulation of the energy sector operation; r, and the balancing of their interests; (b) efficient use of domestic energy resources and alternative sources of energy and implementation of economic and legal mechanisms for that purpose; (c) enhancement of the energy independence of the Republic, including the differentiation of domestic and imported energy resources and ensuring the maximum utilization of generating capacities; (d) ensuring the protection of the environment; and (e) encouragement of scientific-technical progress and employment of new energy-efficient and energy-saving technologies. Nuclear energy, its effect on the environment, and related safety issues are regulated pursuant to international treaties and the legislation of the Republic of Armenia. The electricity generation operations implemented by the nuclear power plants is regulated by this Law. Energy production and distribution shall be licensed.