Iraq energy storage field

What is the future of electricity supply in Iraq?

There are a number of pathways available for the future of electricity supply in Iraq but the most affordable, reliable and sustainable path requires cutting network losses by half at least, strengthening regional interconnections, putting captured gas to use in efficient power plants, and increasing the share of renewables in the mix.

Does Iraq have a green energy plan?

Iraq intends to generate 25% of its energy from green sources by 2030, and in 2022 made $750m in low interest loans available to fund solar initiatives. An increase in renewable power will drive growth in green hydrogen and ammonia production.

How many thermal power plants does Iraq have?

Since 2021, Iraq has started operating three thermal power plants with a combined capacity of 2.6 GW, and Iraq has plans to add 6 GW of new generation capacity by 2025. Iraq also plans to increase the energy efficiency of existing plants and other electric power sector infrastructure.64

What type of energy is used in Iraq?

Renewable energy here is the sum of hydropower, wind, solar, geothermal, modern biomass and wave and tidal energy. Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important energy source in lower-income settings. Iraq: How much of the country’s energy comes from nuclear power?

Why is Iraq's energy system vulnerable?

However the capacity to capture and process this gas has not kept pace. The inability to utilise its gas riches means that the country's gas deficit has grown, and Iraq now relies on imports from Iran to meet increasing demand. This has introduced a number of vulnerabilities to Iraq’s energy system.

What is Iraq's refining capacity?

Iraq’s total operating refining capacity is about 1.2 million b/d.27 The Iraqi government plans to reduce petroleum product imports by rehabilitating the refining sector and building new refineries, but the government has struggled in its efforts to attract the foreign investment needed in the downstream sector.