power supply

Iran reports annual record in electricity use

Electricity use in Iran has peaked to an annual high of 50 megawatts (MW) per hour as authorities expect the consumption to rise in the coming days with a warm spell driving up cooling demand across the country.

Energy

Iran launches 320 MW power plant in Qeshm island

Iran has launched a major power plant in its largest island in the Persian Gulf amid efforts to boost investment in the region.

Energy

Iran mulling new power plants to meet energy needs

The Iranian energy ministry is planning to launch several new power plants in coming months to keep up with increasing demands for electricity that could cause a shortage of 10 gigawatts (GW) over the peak Summer days.

Energy

Iran resumes power exports to Iraq, Pakistan, Afghanistan

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.

Energy

Iran steel, cement factories allowed midnight operation amid power shortage

Iran Power Generation, Distribution and Transmission Company (Tavanir) said steel and cement factories can operate from 12:00 midnight to 8:00 am and cut their electricity consumption by half.

Energy

Iran’s PMI indicates blackouts, raw materials supply as growth obstacles

Recurring blackouts and constraints in the supply of raw materials hampered business activity in Iran during the calendar month of Khordad (May 22 - June 21), according purchasing managers’ index (PMI) data released by the Iran Chamber of Commerce.

Macro Economy

Iran reduces electricity supply to industries to tackle power shortage

The Iranian government has decided to significantly reduce electricity supplies to industries as it struggles to minimize power outages in large cities during the current summer heat wave.

Energy

Iran blames crypto mining for blackouts

Head of Iran’s state electricity company Tavanir has blamed a fresh surge in illegal crypto mining activity in the country as a main cause of shortage in power supplies during hot summer days.

Energy

Iran starts importing power from Azerbaijan to tackle shortage

Iran is using limited supplies of electricity from neighboring Azerbaijan to prevent a recurrence of brief power cuts that surprised the households in large cities last month.

Energy

Iran suspends licensed cryptomining for 2 weeks to save power

Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered licensed cryptocurrency mining farms to halt operations for two weeks to lessen power shortages across the country.

Modern Enterprise