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Iran didn’t receive int’l aid, but commits to COP21 (exclusive)

Business Materials 18 October 2016 20:48 (UTC +04:00)

Tehran, Iran, Oct. 18

By Mehdi Sepahvand, Dalga Khatinoglu – Trend:

Iran hasn’t received any international aid yet, but it still commits to reduce CO2 emissions, based on COP21 agreement, Houshang Falahatian, the deputy of energy minister, told Trend Oct. 18.

He said Iran has various projects on environmental protection, including adding 5-10 gigawatts of renewable power to grid, increasing the efficiency of current thermal power plants from 37 percent to 42 percent by converting them to combined-cycle power plants, etc.

Iran’s nominal power generation capacity stands at about 76 GW, of which only 0.32 percent are renewables. The share of combined-cycle power plants in the country’s total generation also stands at 25 percent.

Iran has committed to decrease CO2 emissions by 4 percent in 14 years itself by investing $17.5 billion. By absorbing further $35 billion of international investments, Iran says it can reduce CO2 emissions by 12 percent.

If Iran spends a total of $52.5 billion, its emissions would fall by 230.4 tons cumulatively, and with realization of only $17.5 billion of domestic investment, the figure would stand at 76.8 tons by 2030.

CO2 emissions in Iran during the fiscal year to March 2015:

Sectors

CO2 (tons)

Housing, commercial, general

137.269

Industry

100.392

Transportation

150.173

Agriculture

12.474

Power plants

199.922

Refineries

2.011

Total

602.267

Falahatian said Iran also plans to stop operation of old power plants and also curb the liquid fuel consumption in power sector.

Iran consumed 24 billion liters of diesel and mazut in power sector in a fiscal year to March 2013, but the volume reached 2.35 billion liters in the first half of current fiscal year due to more gas deliveries to power plants.

Iran increased gas deliveries to power plants by 20 billion cubic meters per year since March 2013.

Falahatian also said Iran is preparing to install a new generation of F-class and H-class power plants with more than 58 percent efficiency.

“The F and H-class turbines would be manufactured in Iran in coming three years as well,” he added.

Recently, Iran has signed a deal with Germany’s Siemens to purchase F-class turbines and received its first F-class Siemens turbine, to be installed on Bandar Abbas power plant.

The sides have been negotiating to establish a joint venture to produce this kind of turbines in Iran.

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