Iran generates "one percent" of world electricity
Azerbaijan, Baku, July 12/Trend M. Moezzi
While Iran accounts for one percent of the world population, it also generates one percent of the world electricity.
That is an acceptable figure but the government has to focus more on the private sector's participation in Iran's electricity industry, Fars news agency quoted Hassan Ghafoori Fard who heads the Iranian Association of Electrical and Electronics Engineers (IAEEE) as saying.
While about $5 billion has to be invested in the country's electricity industry annually, in 2009 Iran's entire infrastructure budget was $12.2 billion, Ghafoori Fard said. Without the private sector, the government won't be able to come up with funding its power industry needs.
For the private sector to have a greater role in providing Iran with its electricity, there has to be greater transparency in the contracts, making timely payments and buying electricity at a guaranteed price, the head of IAEEE said.
Iran says over 10 GW should be added to the generation capacity of hydroelectric and thermal power plants by August 2013, the last month of President Ahmadinejad's administration.
By the end of the Fifth Five-Year Economic Development Plan (2015), Iran will boost its electricity generation capacity by 25GW to reach 73GW, Energy Minister Majid Namjou said on February 7.