Iran, UAE negotiating to connect power grids
Baku, Azerbaijan, Oct.1
By Fatih Karimov - Trend:
Iran and the United Arab Emirates are negotiating to connect their national power grids.
Esmaeil Mohsenipour, the Iranian Power Generation, Transmission, and Distribution Management Company (TAVANIR) director for planning, said the first phase of studies for exporting electricity to UAE via a 500KV transmission line have been carried out, Iran's IRIB reported .
The second phase of studies is aimed to boost electricity export to 1500MW, he said, adding that the two sides will have a 50 percent share of investment in the project.
Iran electricity exports to neighboring countries increased by 2.66 percent in the first half of the current year (which ended on September 22) compared to same period of time the previous year, Iran's IRNA News Agency reported on September 24.
Iran's electricity imports from neighboring countries also reached 1,745.5 gigawatt hours in the mentioned period, which is 7.12 percent less than previous year.
Deputy Energy Minister Sattar Mahmoudi said in November 2013 that Iran annually exports 8 billion kilowatt hours of electricity to neighboring countries.
"The mentioned figure is about 3 percent of the country's total output," the ILNA News Agency quoted Mahmoudi as saying.
Mahmoudi went on to note that Iran's production capacity has surpassed 70,000 megawatt hours.
"Iran has electricity ties with all the neighboring countries," he said, adding that Tehran eyes to export electricity to Europe via Armenia, Russia, and Azerbaijan.
"Iran has the potential to become an electricity hub in the region," he said.
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.
Iran currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan, Syria, and Iraq.