Jul 2, 2014, 1:55 PM
News Code: 2720057
0 Persons
Iran's private sector to produce 7,000 MW power

Tehran, July 2, IRNA - Iran’s Energy Ministry has commissioned the generation of 7,000 MW of electricity to the private sector, said a senior government official.

Yousef Armodeli, secretary of New Energies Committee in the Office of Vice-President for Science and Technology, announced the above-stated remark, adding that 5,000 MW electricity is expected to be generated under the country’s five-year economic development plan (ending March 2015).

“Using renewable sources of energy, equipment of scientific and technological centers, supporting knowledge-based companies, using solar, wind, geothermal and biomass energies are among measures under way by eight specialized committees,” SHANA quoted Armodeli as saying on Wednesday.

Renewable energy is generally defined as energy that comes from resources which are naturally replenished on a human timescale such as sunlight, wind, rain, tides, waves and geothermal heat. It replaces conventional fuels in four distinct areas: electricity generation, hot water/space heating, motor fuels, and rural (off-grid) energy services.