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Iran Expands Electricity Grid To EU

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  • Iran Expands Electricity Grid To EU

    IRAN EXPANDS ELECTRICITY GRID TO EU

    HispanicBusiness.com
    http://www.hispanicbusiness.com/news/2011/12/9/iran_expands_electricity_grid_to_eu.htm
    Dec 9 2011

    A new electricity line from Iran to Armenia and Georgia will send
    Iran's electricity through to Europe, said Iran's Deputy Energy
    Minister Mohammad Behzad, Pana news reports.

    The completion of a 230 KW electric cable from Iran to Armenia will
    provide the possibility of connecting Iran's and Georgia's electricity
    network, whilst increasing the overall capacity to trade energy
    with Iran's neighbours to 400 KW, the minister told Pana. Currently
    Georgia's electricity is routed through Azerbaijan.

    Armenia's minister of energy welcomed the project last week and said
    it would triple the electricity exchanged between Armenia and Georgia,
    Pana reported.

    Iran and Azerbaijan are currently discussing a project to connect
    Iran's electricity network to Russia while talks are also under way
    with Turkey to connect Iran's grid to Lebanon in addition to plans
    to connect its network to Persian Gulf countries. If these talks are
    successful, Iran will be a strong electricity hub in the region.

    Turkmenistan, Turkey, Iraq, Afghanistan and Pakistan will all buy
    electricity from Iran.

    Iran's capacity to export electricity has increase 24 per cent since
    the implementation of its targeted subsidies program and is expected
    to earn $1 billion by the end of this year (Iran's solar year ends
    in March), according to Pana.

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