Energy Minister: Iran loses quarter of its produced energy due to waste

Iran Materials 27 August 2013 10:15 (UTC +04:00)

Azerbaijan, Baku Aug. 27 / Trend, N. Umid /

Iran is currently losing about 23 percent of its produced energy due to unauthorized uses and wastes in electric transmission network, Iranian Energy Minister, Hamid Chitchian said, Iranian State TV 5 reported.

Waste in Iran's power grid reaches some 18 percent, he said. Chitchian went on to note that, Iran's power plants` average efficiency stand at some 38 percent.

Iran has used some $25 billion worth of diesel in its power plants during March 20, 2004 to March 21, 2011, he added.

The country's power generation capacity currently stands at 68.38 GW, Iranian deputy Energy Minister Mohammad Behzad said in July.

Iran has exported 11.054 billion kilowatt hours of electricity to its neighboring countries in the last solar year (ended on March21).

The country currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan (including Nakhchivan Autonomous Republic), Pakistan, Afghanistan, Syria, and Iraq.

Iran seeks to become a major regional exporter of electricity and has attracted more than $1.1 billion in investments for the construction of three new power plants.