Investment in power plants, renewables and electricity infrastructure is incompatible with levels required to safeguard electricity security after 2022, managing director of Iran's Thermal Power Plants Holding Company said.
“Installed power capacity of 68 gigawatts is barely enough to meet current demand. Low investment by private firms has become a concern amid the likelihood that this key sector could face serious shortages in less than three years,” Mohsen Tarztalab was quoted as saying by ISNA on Saturday.
He spoke of “risks for the future sustainability of power systems” and warned that funding constraints could well become a lasting impediment, especially in the long-term, to electricity infrastructure projects.
December 19, 2020 18:32
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Investment in Power Industry Is Incompatible With Future Need
Power generation cost, including production and transmission, is close to five cents per kilowatt-hour, but subscribers are charged 1.4 cents per kWh because electricity is heavily subsidized
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