Iran reports 10% y/y fall in peak electricity demand
Iran’s Energy Ministry has reported a major drop in the country’s peak electricity demand, saying it is a sign its consumption-control policies have paid off.
Figures released on Saturday by the state electricity company Tavanir showed that peak electricity demand in Iran had reached 69.375 gigawatts (GW) on July 8, down 10% from figures reported on the same day last year.
It said Iran's total electricity demand had also declined by 8% year on year on July 8 to reach over 1.469 gigawatt hours (GWh), adding, however, that temperatures had decreased by an average of 2.23 degrees Celsius compared to the same day last year.
The company said the decline was in line with a slower-than-expected growth in electricity demand in Iran, which it said has been at around an average of 5% in the quarter to June 22 compared to the same period in 2024.
Tavanir said the decline in electricity usage was a direct result of consumption control programs introduced by the Iranian government in recent months, saying the programs have been “evidently” effective.
That comes as reports in recent weeks have also pointed to a drop in electricity use by illegal cryptocurrency mining machines in Iran, especially during the country’s 12-day war of aggression with the Israeli regime that ended on June 24.
Energy Minister Abbas Aliabadi said last month that the internet outage that happened in Iran during the war led to a significant decline in the global bitcoin mining activity.
Authorities said that an estimated 0.9 million cryptomining machines had been cut off from the internet during the nationwide internet blackout in Iran, causing the power consumption in the country to fall by 2.4 GW.
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