Electricity

During the meeting in Moscow. the sides discussed a number of issues of great importance in the energy sector.

Iran is paving the way for the investment of Iranian and foreign private sectors in renewable energies.

The Iranian ambassador stressed the need for greater use of the capacities of the two countries.

Iran’s electricity industry ranks 14th in the world and first in the Middle East in terms of electricity generation.

Shell is to increase the capital allocated to its new energies division. which includes offshore wind. to $1-2 billion a year until 2020.

The issue of technology is so important in renewable energies.

The ministry is planning to increase its electric power exchanges with regional countries.

The EIA expects the cost of natural gas for electricity generation to remain ``relatively competitive`` with coal over the next two years.

It is the first major study to also consider economic and social sustainability of shale gas in the UK.

Big Oil entering the heavily regulated European power market isn’t a natural fit today.