26 Dec 2024
Wednesday 24 October 2018 - 16:15
Story Code : 324490

Iran electricity export economically viable

Financial Tribune - Exporting raw materials cannot be considered a wise and sustainable economic strategy in todays highly competitive world and it is high time decision-makers look more closely at value-added products, in particular electricity export, says a deputy energy minister.

Speaking Monday at the 33rd International Power System Conference (October 22-24) in Tehran, Homayoun Haeri said, In the power industry raw materials mostly natural gas is converted into electricity and exporting this product is more economically viable,
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