Gas power plants promising investment sites in Iran


(MENAFN- Trend News Agency ) Tehran, Iran, November 26

By Mehdi Sepahvand - Trend:

Gas power plants are going to be promising sites for investment in Iran, since the country is rich in gas reserves and its gas output is on the rise.

In July, Amir Hossein Zamaninia, Iran's deputy oil minister for trade and international affairs, said Iran's gas production would rise to 1 billion cubic meters a day by the end of the year from that time's 800 million cubic metres (mcm) per day.

In the seventh month of the current fiscal year (September 23-October 21), gas power plants in Iran received a daily average of 196 mcm of gas.

Iran's power plants generated over 222.185 TWh (terawatt-hours) of electricity since the beginning of the current Iranian fiscal year ‎‎(March 21) till Nov. 17, according to the latest weekly statistics, published by Iran's Energy Ministry. The figure indicates a rise by 7 percent compared to the same period of the preceding year.

The Iranian government prefers exporting gas-generated electricity rather than directly exporting gas, citing added value. Iran's electricity export increased by 14 percent up to ‎5.647 TWh‎ from the beginning of the current fiscal year to Nov. 17.

The capacity of gas-fired power plants in this period grew by 1.1 percent to reach 27,258 MW, accounting for a share of 35.1 percent of the country's total power generation
In the meantime, the nominal capacity of Iranian power plants has increased by 1.3 percent to stand at 77,446 megawatts (MW).

Combined-cycle power plants added 1.6 percent to their capacity to stand at 19,790 MW, taking a share of 25.6 percent of the country's power generation.

The capacity of distributed power generation (DG) as well as combined heat and power (CHP) systems increased by 12.1 percent to reach 1,027 MW. Some 1.3 percent of the country's total generation capacity went to the DG and CHP systems.

The capacity of thermal power plants stood at 15,829 MW and did not demonstrate any changes compared to the preceding year. The share of thermal power plants was 20.4 percent.
Iran has launched 37 projects to increase its capacity for producing power from solar energy by 400.27 MW. The country has also four projects under construction for producing 198.2 MW from wind.

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