TEHRAN, Iran, Oct.18
Trend:
The sale of electricity at Iran Energy Exchange (IRENEX) would be profitable for big producers, while small ones might try to adapt to the price set by the government, said the spokesperson of Oil, Gas and Petrochemical Products Exporters Union of Iran Hamid Hosseini, Trend reports citing ILNA.
"Trading electricity on IRENEX is good for big producers however individuals that are launching new power units can not compete with the price that is government has set," he said.
"One of the goals of establishing the energy exchange was to trade electricity but so far it has been exclusive goods, distributed by Power Generation and Distribution Company (TAVANIR). Now, more producers are offering electricity there," Hosseini said.
He added that the power producers are not obligated to sell their electricity to the government and in the previous years some renewable energy power plants were assigned to the private sector, and they can be offered at exchange.
"But considering power shortages, the trade would be in favor of sellers. Since there is power shortage in industrial sector, the sale at the exchange would be a tool to increase energy prices for industrial units," Hosseini said.
"The production volume is not as much as the increased consumption, therefore industrial units would receive power daily and consumers should pay the costs and due to supplier shortage the price would increase," he said.
The industrial units and consumers of more than 5 megawatt power are allowed to purchase electricity from IRENEX.