There are a number of pathways available for the future of electricity supply in Iraq but the most affordable, reliable and sustainable path requires cutting network losses by half at least,
A multi-billion dollar agreement signed with France''s TotalEnergies could help resolve Iraq''s longstanding electricity crisis. The $27 billion agreement signed in Baghdad on
Amid sizzling summer temperatures, Iraq''s Ministry of Electricity (MoE) announced on July 4 that the power grid had lost 5,000 megawatts (MW) of generating capacity, leading to acute outages. The loss was due to reduced
Iraq''s solar plans announced in November 2021 call for the addition of 12 gigawatts of solar capacity by 2030. Some 7.5 gigawatts of the planned solar capacity are to come from utility-scale solar plants, and Iraq has
Iraq''s solar plans announced in November 2021 call for the addition of 12 GW of solar capacity by 2030. Some 7.5 GW of the planned solar capacity is to come from utility-scale solar plants, and Iraq has reached
When it comes to oil, Iraq’s production has grown, according to the International Energy Agency, but the country has struggled to capture and process natural gas, leaving its electric system vulnerable. “The main pain point in the country is the power shortage,” Mohsen said.
Despite the extraordinary challenges of war in recent years, Iraq has made impressive gains, nearly doubling the country’s oil production over the past decade. But the turmoil has also undermined the country’s ability to maintain and invest in its power infrastructure.
Another planned power initiative aims to connect Iraq to the GCC electrical grid. This endeavor envisions delivering 1.8 gigawatts of electricity by 2025, stretching from the al-Wafra station in Kuwait to Iraq’s Al-Faw station in the south.
The World Bank estimates Iraq flares around 16 billion cubic meters of gas per day. The project also includes the construction of a seawater treatment plant that would relieve the pressure on Iraq’s water resources, and a solar power plant to be built with Saudi Arabia’s ACWA Power that would supply the local grid.
Iraq has long desired greater foreign direct investment. Its new government inherited the work of predecessors and is finally seeing results. This project can be a major catalyst for systemic reforms. Iraq has a central role in ongoing changes in the Gulf by diversifying its ties to different countries in the region as well as global actors.
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