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Details of the private sector's entry into the export of renewable electricity

Details of the private sector's entry into the export of renewable electricity

H.E. Ardakanian, the Minister of Energy mentioned in a dialogue with the economic reporter of Tasnim News Agency: "The legal framework for electricity exports has been formed in Article 49 of the sixth plan, so that investors of various renewable private sectors can conclude electricity export contracts with neighboring countries.
The Minister of Energy added, "The facility for providing renewable electricity will be provided by the Ministry of Energy and the electricity grid will be made available to exporters.” He stressed that given the facilities provided; it would receive the right to transit, which would provide more employment opportunities, especially in the vast plains.
"It is important that the Ministry of Energy has paid attention to the laws of private sector investment in the construction of power plants in terms of BOO and BOT, and this process is now being expedited to the issue of electricity exports" mentioned the Minister of Energy. "Diplomacy of the Ministry of Energy has partially answered this, but the private sector has preferred to use the aforementioned methods to provide power to local electricity subscribers so far.
The Minister highlighted that there are still legal and operational uncertainties, including the rate of fuel of electricity-export-oriented power plants and it is related to macroeconomic policies. We believe that in terms of job creation in the electricity generation industry, electricity-export-oriented power plants fuel prices can be calculated as the base price for petrochemicals. However, according to the Ministry of Energy, private investors and the government sector (Tavanir Company) can export part of their energy production abroad.

May 28, 2019 13:28
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