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Iran’s 5GW renewable energy sources development plan still active

Business Materials 29 July 2017 13:34 (UTC +04:00)

Baku, Azerbaijan, July 27

By Dalga Khatinoglu – Trend:

Deputy Minister and the head of Renewable Energy and Energy Efficiency Organization of Iran Seyyed Mohammad Sadeghzadeh stated that Iran is still seriously committed to generate 5GW Renewable Energy Sources (RES) within the timeframe of five years.

According to the Energy Ministry’s official website, Sadeghzadeh added that the country’s power generation from RES would reach 1 GW by the end of current fiscal year on March 20th, 2018.

Iran had already added 29 MW to the country’s RES capabilities during the last fiscal year, which brought the total volume of production up to 264 MW, or 0.34 percent of Iran’s total nominal power generation capacity.

Iran had planned to add 490 MW to its RES capabilities during the last fiscal year, of which only 6 percent was realized.

During the current fiscal year, Iran hasn’t inaugurated any new RES projects. Nonetheless, according to the Energy Ministry’s announcement, additional 690 MW RES will be added to the grid by the end of the current fiscal year.

Sadeghzadeh said that Iran had taken upon itself an obligation to generate 5GW RES in five years; moreover, some of the facilities as well as a 20-year purchase guarantee were already offered for development to the foreign and local companies.

Deputy Minister did not however mention the cost of producing RES energy in the oil-rich Iran, but stated that the cost of thermal power generated electricity is at 12 cents per one kWh.

Iran sells the power to domestic clients at 1.5 cents/Kwh, while exports it at the of price 10 cents/kWh. Iran’s thermal power plants, with 34 percent efficiency, generate above 80 percent of the country’s power.

According to the official statistics of the Energy Ministry, Iranians had consumed 241 TWh of electricity during the last fiscal year (ended on March 20, 2017), of which the share of housing, agriculture and industrial sectors was 33.2 percent, 15.8 percent and 31.9 percent respectively.

Iran exported 6.5 TWh and imported 4.336 TWh during the last fiscal year.

Power plants

2016/2017

MW

2017/2018

MW

2018/2019

MW

2019/2020

MW

New solar power firms

350

600

960

960

New wind firms

140

90

100

100

Total cumulative renewables

730

1420

2480

3540

Total power generation

77422

80862

81997

91254

Iran’s power generation plans, official statistics, published by Energy Ministry in 2016

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