Best Energy Regulatory Law Lawyers in Yerevan

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Global Business Vectrium LLC

Global Business Vectrium LLC

30 minutes Free Consultation
Yerevan, Armenia

Founded in 2018
5 people in their team
Armenian
Russian
English
Our StoryNavigating the Dynamic Marketplace: At Global Business Vectrium LLC, we understand the complexities and challenges of operating a business in today's fast-paced market. Our mission is centered on empowering businesses to thrive in Armenia, a land ripe with investment opportunities....
Redbridge (Armenia)
Yerevan, Armenia

Founded in 2011
50 people in their team
Armenian
English
Russian
French
Chinese
Welcome to Redbridge! The world of creative business advisory and power of law. We are clever, aggressive and relentless in achieving the very best results for our partners. We are a bridge here, and we know an exceptional amount about the industries in which we focus. We don’t just flag...
MB Legal

MB Legal

15 minutes Free Consultation
Yerevan, Armenia

Founded in 2020
10 people in their team
Armenian
Russian
English
MB Legal is a full-service law firm based in Yerevan, Armenia that offers a broad range of legal services. Practice areas include contract law, M&A and corporate law, company reorganizations, capital markets and investment funds, bankruptcy law, litigation, arbitration and mediation, and...
Gritarres

Gritarres

15 minutes Free Consultation
Yerevan, Armenia

Founded in 2018
8 people in their team
English
Russian
Armenian
French
Persian
Gritarres company gathered around specialists with diverse legal knowledge and experience. At the same time, though, they had similar goals and visions of improvement. From the beginning of its establishment, the team underlined the importance of working in tandem, because the most important...
LSA Law Firm
Yerevan, Armenia

Founded in 2014
10 people in their team
Armenian
English
French
Russian
For over 10 years, LSA Law Firm has provided high-quality legal and accounting services across Yerevan and Armenia. Our experienced team, including former judges, prosecutors, and investigators, takes a strategic approach to every case, aiming for the best possible result within the law. We offer...
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About Energy Regulatory Law in Yerevan, Armenia

Energy Regulatory Law in Yerevan, Armenia, encompasses the legal frameworks and guidelines that govern the generation, distribution, transmission, and sale of energy within the country. These legal structures are essential for ensuring fair competition, consumer protection, energy security, and sustainable environmental practices. In Armenia, the energy sector is primarily focused on electricity, natural gas, and renewable sources, and all activities are subject to oversight by designated governmental agencies to ensure compliance with national and international standards.

Why You May Need a Lawyer

There are several common situations where individuals or businesses in Yerevan may require the services of an energy regulatory lawyer. These include, but are not limited to, obtaining or amending licenses for energy production or supply, resolving disputes over tariffs or grid access, negotiating complex contracts with suppliers or consumers, compliance with regulatory requirements, representing interests in investigations or audits conducted by governmental authorities, and supporting foreign investment or joint ventures in the Armenian energy sector. Legal assistance ensures that your rights and obligations are clearly understood and that your actions comply with all applicable laws.

Local Laws Overview

Armenian energy regulation is governed primarily by the Law on Energy, the Law on Energy Saving and Renewable Energy, and a range of government decisions and regulations issued by the Public Services Regulatory Commission (PSRC). Key aspects include mandatory licensing for energy producers and suppliers, regulations on tariffs and energy pricing, consumer protection provisions, and specific incentives for renewable energy development. The PSRC plays a vital role in setting regulatory standards, monitoring compliance, and handling disputes. Environmental regulations and cross-border energy trade policies are also increasingly relevant due to Armenia’s regional connections and sustainable development goals.

Frequently Asked Questions

What is the role of the Public Services Regulatory Commission (PSRC)?

The PSRC supervises the licensing, tariffs, and compliance of energy market participants, ensuring a fair and transparent energy market.

Do I need a license to generate electricity for private use?

Small-scale generation for personal use may not require a license, but larger operations almost always do. It is crucial to check current thresholds set by the PSRC.

How are energy tariffs determined in Armenia?

Tariffs are set by the PSRC based on cost calculations, investment needs, and consumer protection principles. Changes to tariffs require formal PSRC approval.

How can consumers resolve disputes with energy suppliers?

Consumers should first address complaints directly to suppliers. If unresolved, complaints can be escalated to the PSRC or considered in court.

What incentives exist for renewable energy investment?

The government offers various incentives such as guaranteed purchase prices for renewable energy, eligibility for feed-in tariffs, and simplified licensing procedures.

Can foreign companies invest in the Armenian energy sector?

Yes, foreign investment is permitted and even encouraged, especially in renewables. Specific registration and compliance requirements must be met.

What are the key environmental regulations for energy projects?

Energy projects must comply with national environmental laws, including environmental impact assessments and adherence to emissions standards.

Are there special rules for grid connection?

Grid connection procedures are regulated. Applications must be submitted to the grid operator and approved by relevant authorities, often requiring legal paperwork.

How are energy supply contracts regulated?

Energy supply contracts must comply with Armenian contract law and additional sector-specific requirements such as standard contract terms approved by regulators.

What penalties apply for non-compliance with regulatory requirements?

Penalties can include fines, suspension or revocation of licenses, mandatory corrective actions, and in severe cases, civil or criminal liability.

Additional Resources

Several organizations can provide helpful information or support concerning Energy Regulatory Law in Yerevan, Armenia. The Public Services Regulatory Commission (PSRC) is the primary regulatory authority responsible for oversight and guidance in this sector. The Ministry of Territorial Administration and Infrastructure deals with broader policy and infrastructure issues related to energy. Environmental impact questions can often be addressed by the Ministry of Environment. Industry associations, such as the Union of Employers of Armenia’s Energy Sector, can also provide valuable insights and networking opportunities.

Next Steps

If you require legal advice or assistance with issues related to Energy Regulatory Law in Yerevan, Armenia, consider taking the following steps. First, carefully identify the nature of your issue and collect all relevant documentation. Next, consult the PSRC for initial regulatory guidance and review available public materials. If your situation involves legal complexity, such as licensing disputes, regulatory investigations, or contract negotiations, seek out a qualified Armenian lawyer with proven experience in energy law. Legal professionals can help you navigate regulatory procedures, protect your interests, and ensure compliance with all applicable laws. Finally, stay informed about any legislative changes or public consultations that may impact your role in the sector.

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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.