Azerbaijan , Baku, June 30 /Trend/
Iran's peak electrical demand will increase by 43,000 megawatt in summer, ILNA reported quoting Energy Minister Majid Namjou as saying.
The peak electrical demand is the greatest amount of electricity consumed by customers at any given time.
"It was predicted that Iran's peak electrical demand increase this summer to 45,000 megawatt however, it will reduce to 43,000 megawatt by cutting subsides," he said.
The energy ministry seeks to improve energy consumption in the country and reduce energy losses. The ministry plans to diversify the energy sources by constructing a power plant in Tabas with coal fuel.
Iran 's water and power industries improved and currently produce surplus power, he said.
Iran 's power consumption increased by 0.5 percent in current year (started on March 20, 2011).
The peak electrical demand has increased by 7 to 8 percent in previous years.
The parliament spent approximately $8 billion out of oil income to pay the subsidies to Iranian families and created the opportunity for government to increase goods price to 20 percent and provide $5.50 billion in income.
The cutting subsidies are planned over the course of five years of the Fifth Socio-Economic Development Plan (2010-2015).