Iran won't face power outage if electricity consumption reduced by 10 percent
Tehran, Iran, May 10
By Milad Fashtami - Trend:
Iran will face no power outage in summer if the electricity consumption is reduced by 10 percent.
Iran's Deputy Energy Minister Houshang Falahatian said on May 10 that the country's consumption peak will reach 50,000 megawatt/hours in summer, Iran's IRIB news agency reported.
"It is while the figure was around 46,000 megawatt/hours last year," he said.
Falahatian earlier said the country would be able to save $7 billion annually by reducing electricity consumption by 10 percent, Iran's IRNA News Agency reported.
He noted that Iran produced 46,400 megawatt hours of electricity in previous summer, adding that the figure is expected to reach 200 billion kilowatt hours next summer.
"Some 67-70 billion liters of fuel is needed for generating the mentioned amount of electricity, which will make a total of $70 billion," he explained.
Falahatian said in February that the production capacity of Iran's power plants does not meet domestic demands.
Iran currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan, Syria, and Iraq.
Iran seeks to become a major regional exporter of electricity and has attracted more than $1.1 billion in investments for the construction of three new power plants.