Iran supplying 40% of Iraq’s need for electricity

TEHRAN -

“Iran exports 1,200 megawatts to 1,500 megawatts of electricity to Iraq per day that is dealing with severe power shortages and frequent blackouts,” Hamid Hosseini said.

As he added, Iran also exports 37 million to 38 million cubic meters of gas to the country.

On September 11, Iraq’s electricity minister, Luay al Khateeb, said the country needs Iranian gas to generate electricity for the next three or four years.

Iraq was exempted from sanctions concerning Iranian gas imports; however, the U.S. has been pressing all countries to stop trading with Tehran.

Iraq's population has been protesting to authorities over power cuts. Iran exports 1,200 megawatts of direct power supplies and its gas is converted into 2,500 MW of electricity. According to al Khateeb, the current capacity is 18,000 MW, with peak demand of 25,000 MW possible, a figure that rises every year.

Any upgrades would need investment of at least $30 billion, as the grid is 50 years old and loses 25 percent of its capacity due to Isis attacks.

In late July, Managing Director of Gharb (West) Regional Electricity Company Ali Asadi said Iran has high capacity and potential to export electricity up to twofold of the current capacity to neighboring Iraq.

He pointed to the new strategy of Iran Power Generation, Transmission & Distribution Management Company (TAVANIR) for increasing electricity export to neighboring Iraq and reiterated, “the country enjoys high potential to export 1,200 megawatts electricity to neighboring Iraq.”

Related News

power lines

France hopes to keep Brussels sweet with new electricity pricing scheme

PARIS - France has unveiled a new electricity pricing mechanism, hoping to defuse months of tension over energy subsidies with Brussels and its neighbors.

The strain has included a Franco-German fight over the reform of the bloc's electricity market, with Germany accusing France of wanting to subsidize its industry via artificially low energy prices, while Paris maintained it should have the right to make the most of its relatively cheap nuclear energy. That fight has now been settled.

On Tuesday, the French government presented a new mechanism — complex, and still-to-be-detailed — to bring the average price of electricity closer to €70…

READ MORE
nyc empty streets

Covid-19 is reshaping the electric rhythms of New York City

READ MORE

electric vehicle

Opinion: The awesome, revolutionary electric-car revolution that doesn't actually exist

READ MORE

berlin-electric-utility-wins-national-safety-award

Berlin Electric Utility Wins National Safety Award

READ MORE

california electricity meter

CALIFORNIA: Why your electricity prices are soaring

READ MORE