Iran’s Energy Minister Ali-Akbar Mehrabian said on Saturday that the country has plans to connect the Iranian national electricity grid with that of Russia.
The operation of connecting power networks among Russia, Azerbaijan Republic, and Iran will begin in May 2022, an Iranian official said.
Mohammad Ali Pouramiri, a member of Iran Renewable Energy Association, said on Tuesday that Iran has developmental plans for its power plants but the country may lose 50% of its power plant capacity due to the shortage of water for steam cycle sector.
As peak summer demand peters out, electricity exports to Iraq, Pakistan and Afghanistan, which were halted to help stabilize power supply in summer, has resumed, a deputy energy minister said.
Iran has stopped supply of electricity to Iraq, according to the director of Iran Grid Management Company.
Iran’s Energy Ministry has revised its electricity pricing rules for cryptocurrency mining months after rising demand from miners caused power shortages in parts of the country over a cold winter season.
The United States Thursday granted Iraq a 30-day waiver to keep importing Iranian gas despite American sanctions.
The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies.
The Iranian government has recognised cryptocurrencies and mining as an industry, says finance minister following years of deliberation over how to regulate this emerging and widely popular business in the country.
AFP is reporting that a dinar-based account in Trade Bank of Iraq is supposed to be used to pay for Iranian energy in return for Tehran’s humanitarian purchases.