Renewable Energy in Iran

Iran

The Middle East energy production sector is dominated by low priced fossil fuels that can present economic and environmental issues. Presently, the use of renewable energy is gaining political attention and many Middle Eastern countries are putting in place ambitious renewable targets, particularly in light of increased electrification and demand in the region. Iran is no exception to this trend. Iran has an extremely high level of energy consumption per head of population (estimated to be 80% above average for the Middle East). This is due to high levels of subsidies on energy and fuel for consumers and businesses, which does not incentivise efficient energy use. Post-sanctions Iran offers significant opportunities for companies looking to enter Iran’s renewable energy sector.

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