Iran's energy sector review

Iran , with 62.22 GW actual capacity faced temporary power outages in several provinces in recent days. The peak demand of power in Iran has risen by 10 percent to 46.9 GW since the beginning of summer.  Power consumption in Iran , in contrast with gas usage, soars in summer, but the recent increase level is so much more than what Iran 's Energy Ministry expected. There are several reasons for having problems with the huge electricity generation level needed for a country with a population of 77 million. First of all, because of the low price of power - 450 rials (1.5 cents) for one kilowatt hours electricity- due to heaven subsidies has created a burden on government. While the price of one kilowatt hours of electricity for comparison in the United States was over 12 cents in April. The Iranian government has increased the price twice since 2010 based on implementation of Subsidy Reform plan, but cheap power still motivates people to consume more energy. T...

Iran's car exports dropped by over 800 percent in 2013 compared to the year before. However, after an easing of sanctions in the wake of the six-month interim deal with the world powers in Geneva, Iran's car exports increased significantly. On the other hand, after a 5-year hiatus, Russia received its first batch of Iranian made cars on June 28. According to the monthly reports of the Iranian Customs Administration, Iran exported around $42 million worth of cars between December 22, 2012-December 22, 2013 (Iran's fiscal year), while the value of exports was $338 million in the previous fiscal year. Since signing the interim nuclear deal, between January 20 and March 20, Iran exported $43 million worth of cars, more than it had exported in the whole 2013. Iraq accounted for half of the import of Iranian cars. Azerbaijan accounted for 25 percent. Ukraine and Egypt accounted for the rest. During the four-month period that ended on May 20, Iran exported over $100...