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Iran begins power talks with 2 European giants

16 July 2016 10:55

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Iranian energy minister has announced the launch of negotiations with Germany’s Siemens and Britain’s Rolls-Royce over power plant building in Iran.

Hamid Chitchian made the remarks during a meeting with UK Energy and Climate Change Secretary Amber Rudd saying “talks with the two British and German firms mainly pertain to construction and operation of small-scale power houses as well as distributed distribution of electricity in Iran.”

Noting that the country’s electricity production capacity has reached more than 75 thousand megawatts, the official said “Iran remains as an exporter of electricity to the Middle East enjoying good diversity in sources of electric energy.”

“Iran requires huge investments in power industry as 47 to 50 thousand megawatts should be added to the current capacity in ten years’ time,” stressed the official explaining “seven thousand megawatts will pertain to renewable power plant including wind and thermal turbines.”

Chitchian emphasized the need to reduce transmission and distribution losses which required distributed energy production hence the talks with Siemens and Rolls-Royce over purchasing small generators.

“In addition to power production, due attention should also be devoted to electricity generation as well as to heating and cooling systems in order to boost efficiency,” highlighted Iran’s minister of energy adding “smartification of the power grid, transmission and distribution automation are also worth considering as we are planning to form a committee in order to redouble efforts in the electricity market.”

UK Energy and Climate Change Secretary Amber Rudd, for his part, underlined that Iran possesses great potentials in areas of renewable and solar energies calling for relevant cooperation between the two sides.

He further enumerated numerous measures taken inside the UK in order to optimize electricity production and consumption including installation of smart meters, preventing Co2 emissions, increasing supply security which offer better conditions for providing the country with electricity.

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