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Energy

  • EghrtesadOnline: Power loss in transmission and distribution networks in Iran now is near 9.7% and should decline to 9.2% by the end of the current Persian calendar year (March 2021), the deputy energy minister for electricity affairs said.

  • EghtesadOnline: The Caspian Sea has been shrinking since 1995 and the trend is not expected to end in the foreseeable future due to a variety of reasons, namely rising temperatures linked to global warming and climate change, head of the National Center for Research and Studies of the Caspian Sea, affiliated to the Energy Ministry Water Research Center (WRC), said.

  • EghtesadOnline: The first phase of the first geothermal power plant near the city of Meshkinshahr in Ardebil Province is scheduled to come online in March 2021; however, some experts in the power industry believe construction of such facilities are economically unfeasible.

  • EghtesadOnline: Dam projects in Ilam Province have either been abandoned or making little progress if any and the Energy Ministry has not fulfilled its promises to help accelerate the construction.

  • EghtesadOnline: Oil byproducts worth $100 million were traded in the international ring of the Iran Energy Exchange in the month to October 18.

  • EghtesadOnline: The Energy Ministry started 250 power and water projects in this fiscal year (March 2020-2021) with $1.7 billion. So far 122 projects costing $1 billion have been completed, including water transfer from the Persian Gulf, the energy minister said.

  • EghtesadOnline: Iran was ranked the world’s 11th largest energy consumer in 2019.

  • EghtesadOnline: Programs are underway to triple nuclear power, the energy minister said.

  • EghtesadOnline: Iran’s power industry has not developed as would have been expected in the last eight years, head of the Federation of Iranian Energy Exports Industries said.

  • EghtesadOnline: A deputy energy minister has expressed the hope that Iran and Afghanistan would expand cooperation in all areas of trade, transit, and electricity.