subsidized electricity prices

In the past few years, illegal copyright mining, highly subsidized electricity prices, and higher power demand from the production of oil and natural gas drove steady growth in Iran’s electricity demand and strained its capacity during the summer peak. Also, aging power plants in Iran reduce the overall available generation capacity from its inst

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Iran’s natural gas production

Although Iran’s natural gas production increased over the past decade, supply remains insufficient for power demand during the summer peak period. When Iran is short of natural gas supply, its thermal power plants burn diesel and fuel oil. Iran is converting its older, less efficient natural gas plants to combined-cycle plants and adding new capa

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Natural gas is the largest source

In 2022, Iran generated 361 terawatthours (TWh) of net electricity, 93% of which was from fossil fuel sources. Natural gas is the largest source of fuel for electricity generation in Iran, accounting for 85% of total generation, up from 72% in 2014, after several phases of the South Pars field came online. Oil fueled 8% of Iran’s electric power g

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