Regulatory Technical Services for the Natural Gas Sector for the Public Services Regulatory Commission (PSRC) of the Republic of Armenia (NARUC/USAID)
VIS has been commissioned by NARUC, with USAID funding, to provide technical assistance to the Public Services Regulatory Commission (PSRC) of the Republic of Armenia on elements of the gas market development. The assignment focuses on preparing a methodology and code for calculation of technical losses, on setting the reporting requirements of gas stakeholders, and on developing a joint gas and electricity demand forecasting tool. The forecasting tool, developed together with E3 Modelling, is tailored to the characteristics of the Armenian energy market, to be used by PSRC in coordination with the key energy stakeholders of Armenia to formulate annual and peak demand projections up to 2030. Capacity building is provided to PSRC on technical losses calculation, reporting and market monitoring, and training of the use of the forecasting tool.