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Economic Growth Depends on Judicious Power Consumption

Iran has access to huge hydrocarbon resources and the best strategy to take advantage of them is to convert fossil fuel energy to electricity to not only meet domestic needs but also to generate revenue via export
Economic Growth Depends on Judicious Power Consumption
Economic Growth Depends on Judicious Power Consumption

There is a direct link between economic growth and power consumption, such that economy cannot boom as long as electricity is not used efficiently. 
Energy Minister Ali Akbar Mehrabian made the statement in the inaugural ceremony of the 21st Iran International Electricity Exhibition on Oct. 29 in Tehran, ILNA reported.
“Power supply restrictions on industries, including steel and cement factories, will regrettably result in unemployment and reduce exports,” he said.
According to the minister, Iran has access to huge hydrocarbon resources and the best strategy to take advantage of them is to convert fossil fuel energy to electricity to not only meet domestic needs but also to generate revenue via export.

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