Iran, despite having the second-largest proven natural gas reserves, is struggling with significant energy shortages and frequent outages. The government, under Minister of Energy Abbas Aliabadi, is working to bolster its renewable energy program, hoping to operationalize 2,400 megawatts by summer and reach 30,000 megawatts over four years. Analysts highlight Iran's underutilized potential in solar and wind power, warning that its heavy investment in nuclear energy has hindered progress, especially considering its favorable climate for solar energy, as exemplified by neighboring countries like the UAE and Saudi Arabia.
Iran has 300 days of sunlight each year, but instead of focusing on this, it has invested in nuclear energy, which has caused it to fall behind.
We anticipate that about 2,400 megawatts of Iran's 12,000-megawatt renewable energy program will be operational by next summer.
Iran has a very strong potential in solar and wind energy but has not yet managed to capitalize on it.
Iran's energy deficit threatens to destabilize its energy infrastructure and economy, raising concerns about the management and efficiency of the sector.
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