Iran signs deal on energy optimization with German TÜV SÜD
Baku, Azerbaijan, March 9
By Emil Ilgar - Trend:
Iran Energy Conservation Society (IECS) signed an agreement on energy optimization with German TÜV SÜD Group, Fars reported.
TÜV SÜD will provide quality and inspection certificates, as well as the design and consultation services for the Iranian side, the report said on March 9.
A TÜV SÜD spokesperson Heidi Atzler confirmed to Trend that the company signed an agreement with Iran, saying that the contract consists a cooperation in the area of testing, inspection, certification, consultancy, engineering and training.
The collaboration aims at ensuring quality and increasing efficiency, reliability and performance of existing and new facilities in a broad range of branches: from transportation, infrastructure, energy, chemical, oil & gas, telecommunication and consumer products up to healthcare, said Atzler's letter sent to Trend.
Iran says there are about $200 billion worth of energy optimization projects in the country, especially in housing, industrial and transport sectors.
According to the International Energy Agency, the energy intensity index in Iran is one of the highest in the world (twice as much as the world average) and has been increasing on average by about 3.4 percent per year over the past 40 years.
Energy intensity is the ratio between the gross inland consumption of energy (or total energy consumption) and Gross Domestic Product (GDP).
"Without decreasing the energy intensity, the country's energy consumption would reach 2.6 billion barrels of oil equivalent (OE) per annum by 2020 and the continuance of the current pace would leave Iran without any surplus oil and gas to export by 2025", Director of Iranian Fuel Conservation Organization Nosratollah Seifi said previously.
Currently Iran consumes 1.6 billion barrels of OE annually.