Why is Iran investing in green energy?

Recent years have seen a significant shift in Iran’s energy strategy and major investments in green energy projects, driven by the country’s need to diversify its sources of revenue, circumvent economic sanctions, and address concerns over the country’s environmental record.

How much gas does Iran produce a day?

Alongside its investment in green technologies and infrastructure Iran plans to increase its daily gas output by 55 percent over the next five years, with an output goal of over 1.2 billion cubic meters per day.

How can Iran reduce its energy crisis?

Iran’s renewable energy efforts could help to significantly reduce its ongoing energy crisis by reducing the country’s dependence on fossil fuels. By harnessing Iran’s abundant solar and wind resources, the country can enhance its energy security, minimize environmental degradation, and create a more sustainable energy model.

Should Iran invest in wind and solar energy?

Iran has 300 sunny days a year and the north of the country is mountainous, which should motivate policymakers in Tehran to concentrate on wind and solar energy as viable renewable energy resources. Indeed, the government has already moved to subsidize new, large-scale wind and solar farms in prime locations to ensure they remain profitable.

Does Iran need a green energy plan?

Iran has realized the value of its vast renewable energy potential—but serious international and institutional obstacles threaten to derail Tehran’s green energy plans before they gain momentum. Use Up/Down Arrow keys to increase or decrease volume.

Will Pezeshkian steward Iran's green energy strategy?

Pezeshkian’s stewardship of Iran’s green energy strategy will be essential to achieving its overarching strategic objective of year-round energy security. Although it has plans to increase its total clean energy generation to 30 GW by 2030, Iran’s current renewable energy capacity is nowhere near this mark.