Decision to Stop DST Will Inflict $1.5 Billion Loss on Power Sector

The Iranian Parliament’s unwise decision to abolish the law on implementing Daylight Saving Time (DST) in spring and fall is expected to raise electricity demand during peak hours by at least 2,000 megawatts, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture said.
“The huge rise in consumption comes at a time when the gap between power supply and demand exceeds 15 gigawatts in summer and the wrong decision will simply add insult to injury,” Alireza Kolahi was also quoted as saying by Barq News website.
“The construction of a power station with a production capacity of 1,000 MW costs $750 million,” he said, adding that the power sector’s loss due to the parliamentary decision is estimated to reach $1.5 billion.