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.

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.

Does Iran have an energy imbalance?

The government has taken these steps to address Iran’s annual energy imbalance. Electricity consumption is highest during the summer, when energy-intensive air conditioning strains the grid. In the winter, natural gas is used in heating, constricting the supply available for power plants and exacerbating shortages.

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.