The Managing Director of the Central Province Electricity Distribution Company announced a potential of 2,163 megawatts for solar energy generation in the region, with a target of achieving 444 megawatts in the distribution sector by the peak of summer 2024. This initiative comes in response to the unprecedented electricity consumption records set during the previous summer, where 37 peak consumption days were recorded, resulting in over 700 hours of peak usage and significant energy imbalance.
The Managing Director stated that energy-intensive industries are mandated to establish a minimum of 9,000 megawatts of thermal power plants and 1,000 megawatts of renewable energy sources by the end of 2024, in coordination with the Ministry of Industry, Mine, and Trade. According to the law, these industries are required to source 1% of their energy from renewables, increasing to 5% within five years.
Government agencies are also mandated to ensure that 5% of their energy consumption comes from renewables annually, reaching a target of 20%. Failure to comply will result in higher tariffs based on renewable energy costs.
In light of last summer’s challenges, 14 major projects are set to be implemented nationwide to mitigate the energy imbalance during peak summer consumption next year. These projects will focus on energy management, optimization, loss reduction, smart meter installation, and generation in distribution. Currently, there are 659 solar power plants in the Central Province with a combined capacity of 23 megawatts, alongside 26 megawatts from hydroelectric plants.
The Managing Director emphasized the critical role of renewable energy development in addressing the severe energy imbalance. Last year, 73,500 megawatts were consumed at peak times, leading to a 13,000-megawatt deficit, which is projected to rise to 25,000 megawatts without further renewable energy development.
The company has implemented reward systems for energy conservation, benefiting 450,000 households and offering free bills to 15% of consumers. However, a concerning 7% of high-consumption households account for 25% of the total electricity consumption, prompting the installation of smart meters and potential restrictions on their usage.
To improve access to electricity, the company has already optimized the distribution network in 700 out of 1,182 villages within the province. Investment in the infrastructure for national housing initiatives has also reached 425 billion tomans, with ongoing projects for thousands of housing units.
The company has taken significant steps to address the high electricity consumption associated with cryptocurrency mining, identifying and shutting down 16,000 illegal mining devices in the region. The electricity distribution breakdown shows that residential, agricultural, and industrial sectors collectively account for approximately 88% of the province’s total electricity consumption.
The beginning of our activity goes back to 2012, since that time, with the expertise in the design, construction and installation of solar power plants, we wanted a superior position in this field.
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