New Electricity Minister vows to elevate Iraq Electricity
In a meeting with the new Electricity Minister Karim Aftan whom was granted ParliamentÂ’s vote of confidence, Al Mutlaq urged Aftan to deploy exceptional efforts in the electricity field due to the great importance of electricity in the life of every Iraqi citizen, in addition to services and economic issues encountered in Iraq on account of the pending electricity issue, read a statement by the office of deputy Prime Minister for services affairs Saleh Al Mutlaq.
“Al Mutlaq stressed the necessity to develop a clear and practical strategy to elevate this vital sector and reach high levels of energy production and distribution,” the statement added. “We promise to use all our scientific and financial capacities to elevate the electricity up to the aspiration of Iraqis,” the statement quoted the new Electricity Minister as saying.
Iraqi parliament had voted on Monday by majority to name Iraqiya listÂ’s candidate, karim Aftan, as electricity minister.
Karim Aftan is a member of the Solution Party headed by Jamal Al Karbouli. The Solution Party occupies 12 parliamentary seats within Al Iraqiya list headed by Iyad Allawi.
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Generating electricity is the largest component of its price, according to the U.S. Energy Information Administration (EIA). Generation accounts for 56% of the price of electricity, while distribution and transmission account for 31% and 13% respectively.
Homeowners and businesses pay more for electricity than industrial companies. This is because industrial companies can take electricity at higher voltages, reducing transmission costs for energy companies.
“Industrial consumers…
