Iran warns on huge energy intensity
The energy intensity in Iran is four times more than global average, Deputy Head of the Iran Power Generation and Transmission Company (TAVANIR) Mahmoud Reza Haghifam said, Aug. 14. He also mentioned that peak demand of power in Iran increased by 7 percent during the current fiscal year, Tasnim reported. Measured as energy consumption per unit of gross domestic product (GDP), Iranian energy intensity is very high, which was led to vast energy waste and inappropriate consumption due to high governmental subsidies. Iran ranks first in the allocation of the fossil-fuel subsidies ($60 billion in 2016) in the world, according to the International Energy Agency. According to official statistics, energy intensity in Iran increased significantly during last decades, while the statistics of the US Energy Information Administration indicate that the index in the world decreased by nearly one-third between 1990 and 2015. Iran had allocated $13.556 billion worth of subsidies to electric