In line with plans to fight illegal electricity use and renovate national power grid to minimize outages. electricity wastage in the national grid has been cut to 10.7% from 15.2% in less than three years. a deputy energy minister said.
`Plans are in place to cut the wastage to less than 10% in the current fiscal by March 2018.` Houshang Falahatian was also quoted as saying by IRNA on Sunday.
The 10.7% wastage rate is the nationwide average. but it varies in different regions.
“In some provinces. power wastage is below 8% but it is higher than the national average in some other provinces due to unauthorized consumption.“ he said.
Falahatian put the number of electricity subscribers nationwide at 34 million. with 4.5 million new subscribers having joined the national grid since 2013. adding that 80.000 kilometers of new transmission lines have been added to the grid during the period.
Highlighting the 4.5% figure as an “unprecedented achievement“. he said although 4.5 million subscribers were added to the grid during the period. which normally indicate a rise in wastage. the Energy Ministry managed to reduce it.
He stressed that the accomplishment will help curb electricity load across the national grid and load shedding in big cities. According to the deputy minister. in addition to environmental advantages. the reduction in power wastage is a great economic achievement. as it can cut costs substantially.
Should electricity wastage plummet by 1%. costs can be cut by as much as $17 million annually.
Pointing to the sharp rise in electricity demand in the country. Falahatian said curtailing electricity wastage can help the ministry maintain power grid stability.
Forecasts suggest electricity demand will hit a peak of 56.000 megawatts this summer. up from a record high of 52.790 MW last year.
Tags Financial Tribune Houshang Falahatian International News Agency Iran Iranian Ministry of Energy Iranian Ministry of Petroleum Iranian News Agency IRNA News Agency Minister Transmission
Check Also
France’s Electricity Prices Turn Negative amid Poor Demand
Power prices in France turned negative for hours on Tuesday morning amid tepid demand in …