Iran depends heavily on gas-based power generation for its electricity needs, and has immense gas reserves. Gas accounted for 76.4% of the total installed capacity in 2015. Hydropower is also an important contributor, making up 15.8% of the installed capacity. Non-hydro renewables, however, are still in a nascent stage, and accounted for only 0.3%. The following figure illustrates the comparative share of various fuel types in the total capacity in 2015:
The government has indicated that it intends to focus on expanding two areas of the power sector: nuclear and renewable power. This has risen from the need to reduce dependence on both gas and oil thermal power, as it wants to free up these resources for exports.
GlobalData’s latest report Iran Power Market Outlook to 2030, Update 2016 – Market Trends, Regulations and Competitive Landscape, elaborates Iran’s power market structure and provides historical and forecast numbers for generation, capacity and consumption up to 2030. Detailed analysis of the Iran power market’s regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain is provided. The report also gives a snapshot of the power sector in Iran on broad parameters of macroeconomics, supply security, generation infrastructure, and transmission infrastructure, degree of competition, regulatory scenario, and future potential. Financial performance of the leading power companies is also analyzed in the report.
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