Electricity
The electric power industry, as the parent and infrastructure industry, plays an important role in the economic development and welfare of communities. Electricity is important because it can be selected as a suitable energy in all areas of economic activities due to the possibility of using modern technologies as well as environmental considerations. Nowadays, different methods are used to generate electricity. The most important factors affecting the generation method are the geographical and climatic conditions, economic factors, technical and environmental issues.
The Ministry of Energy of Iran, as the governing body, is responsible for all issues related to electricity and renewable energies, such as developing, planning, organizing, legislating and implementing policies and initiatives related to renewable energy.
Considering the environment, increasing the efficiency and productivity of electric processes along with the consumption management and reduction of the energy intensity and losses of electricity are other important issues. Attention is being paid to renewable energies and their development in most of the leading countries.
During the past decade by developing the research and innovation in Iran electric power industry, the bases for development and expansion of the existing capabilities and creating new capacities in innovation has been prepared throughout the electric power industry. Trends like privatization, quantitative and qualitative development of electricity market, utilizing renewable energies, efficiency improvement, development of demand side management, loss reduction, value engineering, information technology, increase of human resource power and optimization of the existing installations are among the policies and activities that are currently followed seriously.
In order to achieve electric power industry aims, Iran electricity generation capacity increase using new energy and renewable power plants such as hydropower, wind, solar, wave, etc. is concerned.
As a leading exporter and consumer of fossil fuels, Iran is attempting to use renewable energy as part of its energy mix toward energy security and sustainability. Due to its favorable geographic characteristics, Iran has a substantial potential for diversification of the energy mix, particularly the renewable energy base.
For additional details on energy sector of Iran, please refer to the PDF document below, which has been provided by Tehran Chamber of Commerce, Industries, Mines & Agriculture.
Download: Iran Energy Sector Guide (PDF)
Furthermore, for information about investment opportunities in this sector in Iran, be sure to visit the website of Organization for Investment, Economic and Technical Assistance of Iran.
