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Electricity exports to ensure Iran national security

Oil&Gas Materials 6 April 2020 14:53 (UTC +04:00)
Electricity exports to ensure Iran national security

TEHRAN, Iran, April. 6
Trend:

Electricity exports can ensure security and increase the country's bargaining power in international trade and foreign currency earning, Head of Iran's Electrical Industry Syndicate's Exports Development Committee said.

“Energy is very important, both in terms of development and security, and in terms of wealth creation,” Payam Bagheri said, Trend reports citing ILNA.

"Many countries have to obtain energy resources such as oil, gas and electricity from abroad, while many countries that are using fossil fuels are trying to create some reserves; meanwhile, renewable energy is being more developed day by day,” the official said.

“The countries, especially those that do not have much fossil fuel resources, move towards nuclear or renewable energy; however, due to the high risk of nuclear energy, renewables are growing faster,” said Bagheri.

"At the moment, the upstream plans, the resistance economy and the Sixth Development Plan of the country focus on this issue, and the government has been instructed to turn Iran to the energy hub of the region,” he added.

Bagheri went on to say that Iran has high capabilities in the field of export and exchange of electricity as well as developed electricity industry.

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