July 19, 2023 17:51

Iran, Russia Synchronizing Grids for Power Trading

Trade in electricity can help lower energy prices, mitigate power shocks, relieve shortages, facilitate decarbonization and provide incentives for market development and integration

The pilot phase of a project to connect the electricity grids of Iran and Russia is complete and as soon as protection relays are harmonized, the two nations will start power trade, Iran’s energy minister said.

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