Baku, Azerbaijan, Feb. 25
By Khalid Kazimov - Trend:
Iran considers swapping electricity with Russia as part of plans to develop the country's power and energy trade, a power official said.
Arash Kordi, the head of Iran Power Generation and Transmission Company (TAVANIR), said that the country will export electricity to Russia in winter seasons, while Russia will supply Iran with electricity during summer seasons, Mehr news agency reported.
Iran's peak electrical demand is in summer while the demand for power in Russia increases in winter, said Kordi.
In order to develop the power industry, the country needs to attract domestic and foreign investment, he said.
Saying that the country's installed power capacity has surpassed 74,000 megawatts (MW), he added the power transmission capacity has reached 324,000 MW.
Between March 2015 and January 2016, Iran's electricity consumption increased by 7.869 billion kWh, reaching 164.558 billion kWh.
In the mentioned period, the electricity consumption per capita in the country also increased by 181 kWh.
Meanwhile, Iran generated 243.521 billion kWh of electricity 3 percent more than the same period.
During the mentioned period of time Iran exported 8.668 billion kWh (+4 percent) and imported 3.511 billion kWh (+8 percent).
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