"Iran Power Report Q4 2014" now available at Fast Market Research
New Energy research report from Business Monitor International is now available from Fast Market Research
[UKPRwire, Tue Nov 25 2014] With talks to reach an agreement between Iran and the international community in relation to the country's nuclear industry resuming , but no deal yet seeming likely, the outlook for Iran's power sector remains uncertain. Risks are growing that the hoped-for loosening of international sanctions will not materialise, which could threaten the government's hope to boost domestic electricity production in an effort to meet growing demand and increase exports to its neighbours.
Iran will continue to rely largely on conventional thermal sources for electricity generation, with many of the power projects that are currently under construction slated to increase the nation's natural gas generation capacity. At the same time, the government appears committed to plans to increase its nuclear capacity, plans which had been boosted by the recent agreement between Iran and the international community, which will see the US, the EU and other nations ease sanctions on Iran in return for the country ending its pursuit of military nuclear capability. Although the Bushehr plant (at present the country's only nuclear reactor) has suffered from significant teething problems, the plant has now become fully operational. However, progress towards a more wide-ranging deal has stalled and with the deadline for reaching a deal approaching, the outlook for the country's nuclear ambitions remains uncertain.
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With abundant natural resources, a large and growing population driving up demand for electricity, and many of the country's neighbours suffering from energy shortfalls, the government will continue to invest in capacity expansion over the coming years, and exports to energy-hungry neighbours such as Turkey and Pakistan have the potential to grow significantly over the coming decade. On the other hand, government subsidies continue to play a major role in driving energy consumption in Iran. The government has long harboured plans to scale back subsidies, and introduced...
The Iran Power Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.
The Iran Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.
* Use BMI's independent industry forecasts for Iran to test other views - a key input for successful budgeting and strategic planning in the power market.
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