As reported, according to the budget bill, 10 percent of the total electricity revenues is going to be transferred to a bank account owned by the Power Generation, Distribution, and Transmission Company (known as Tavanir) of which 20 percent will be used for developing electricity network in rural areas, and the other 80 percent will be allocated for the development of renewable energy industry.

Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) is going to be in charge of the mentioned budget and will determine the areas in which the money will be spent on.

President Ebrahim Raisi submitted the administration’s draft of the national budget bill for the next Iranian calendar year 1401 to the Majlis on Sunday.

Renewables, including hydropower, account for about seven percent of Iran’s total power generation, versus natural gas’ 90 percent share.

Based on Iran’s Sixth Five-Year National Development Plan (2016-2021), the country was aiming for 5,000 megawatts (MW) increase in renewable capacity to meet growing domestic demand and expand its presence in the regional electricity market.

But in the final year of the plan, only one-fifth of the figure has been achieved.

Iran was supposed to become a regional hub in the field of energy in the past Iranian calendar decade (March 2011-March 2021), but evidence shows that the country is facing a shortage even in the supply of electricity inside the country, an issue that many believe that could be achieved by developing renewable energy and increasing efficiency of the thermal power plants.

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Making the remarks in a Sunday press conference of water and electricity industry directors of South Khorasan, which was held on the occasion of water and electricity consumption saving week, Saeed Dadgar, the managing director of the province’s Power Distribution Company, said that investing in wind and solar energy is a unique capacity in the province that can be used.”

He said: “Due to the fact that many power plants in the country are dependent on water, the low rainfall last year and this spring has had an adverse effect on the water stored behind dams and electricity generation.”

“Due to the decrease in rainfall and drop in the amount of water behind the dams this year, we have special conditions in the generation and distribution of electricity, and South Khorasan Power Distribution Company is a provincial company that must receive electricity from the province’s entry points and distribute it throughout the province”, he stated.

He said that the average rate of power outages in South Khorasan is lower than the country, adding, “Blackouts and power outages are not specific to South Khorasan and is a national program. However, the plan of each province and city will be informed in advance.”

The capacity of Iran’s renewable power plants currently exceeds 920 megawatts of which solar power plants with 452.75 MW have the biggest share.

Wind power plants with 317 MW of energy production stand in second place, followed by small hydropower plants with a generation of 105.65 MW.

Renewables, including hydropower, account for about seven percent of the country’s total energy generation, versus natural gas’ 90 percent share.

Overall, in the next four years, Iran is aiming for a 5,000 MW increase in renewable capacity to meet growing domestic demand and expand its presence in the regional electricity market.

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