Iran reduces electricity use, but increases energy exports

Iran Materials 2 January 2012 14:03 (UTC +04:00)

Azerbaijan, Baku, Jan. 2/ Trend M. Moezzi/

Iran's electricity use has declined 3600 megawatts (MW) a day and its electricity production has gone up from seven to 63,000 MW in the last three decades, Mehr news agency reported Iran's deputy secretary of energy as saying.

Currently Iran's electricity network is connected to all of its neighbours by land and will soon link with countries in the south Persian Gulf, North Africa, Europe and Russia, said Ali Zabihi.

Before long Iran will be a major electricity artery in the Middle East, and its industry has gone being completely dependent on imports to becoming totally self-sufficient, said the minister.

Electricity use has decreased 10 per cent, 3,600 MW, since Iran's targeted subsidies law came into effect a year ago.

The Iranian government pays each citizen $45 a month as a compensation for a part of its commodities and energy subsides which were cut when the targeted subsidies program began. Cutting out the energy subsidies was expected to drive down Iranians' energy consumption.