Armenian President Robert Kocharian signed the bill "On Energy Economy and Renewable Energy Sources". The bill aims at the establishment of state policy mechanisms for securing energy economy and development of renewable energy sources. Besides, it is to raise the standard of economic and energetic security of the country and reduce the man-caused influence on the environment. The document regulates the interrelations between the bodies of state and local self-government as well as juridical and physical persons when carrying out activities in the sphere of energy economy and renewable energy sources. The document also forms a new institute of energy expertise, which will be directed to the realization of the regulations of the law.