Electric power industry

Electricity is fundamentally important to modern living. It also fuels the Iranian economy and is easily one of the most important assets of the human race.

Iran is the 14th largest producer and 17th largest consumer of electricity in the world. The country produces more than its domestic needs with roughly 115 percent productions.

Iran has an installed power production capacity of well over 85,000 megawatts. Most of the electricity demand is met with aging thermal power.

Somewhere around 90 percent of electrical energy is produced from fossil-fuel sources. Natural gas accounts for 70 percent of the total power generation in the country. Nuclear and non-hydro renewable power make up the remaining fuel sources used to generate electricity in Iran.

The country exported over 430 million kilowatts per hour of electricity to neighboring countries last year. Iran has supplied electricity to nearly all countries that it shares a land border with.

The government has implemented several programs to gradually convert traditional plants into more efficient combined-cycle units with indigenous F-class turbines as well as phase out inefficient power plants.

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