Iraq mobile energy storage bidding

Will Iraq's power sector be more efficient?

Thus, according to local energy experts, the power sector will be more efficient. The Siemens Energy Iraq Managing Director points out the inefficiencies in Iraq’s power grid, which amount to 50 percent in losses. “Even if we just improve on the efficiency side,” he says, “the delivery of electricity to Iraq’s homes and factories will be improved.”

Will Iraq's Electricity Supply be improved if we just improve efficiency?

“Even if we just improve on the efficiency side,” he says, “the delivery of electricity to Iraq’s homes and factories will be improved.” Iraq’s current power generation capacity stands at 19 gigawatts according to former officials at the ministry of electricity.

What will Siemens Energy do for Iraq?

Implementing Siemens Energy’s roadmap will see Iraq run its power plants with its own fuel instead of imported gas or environment-damaging heavy fuel oil, thereby significantly reducing its expenditures on the energy sector as well as air pollution.

Will Iraq stop burning natural gas in 5 years?

Iraq Prime Minister Mohammed Shia Al Sudani said his country is committed to “assuring a safe and stable working environment” and to remove “complicated routine and bureaucracy”. He added that the recent contacts signed with international oil companies will help his country to stop burning natural gas in three to five years from now.

How much oil does Iraq produce a day?

It also takes a detailed look at the country’s oil and gas sector, projecting that Iraq’s oil production will grow by 1.3 million barrels a day by 2030, becoming the world’s fourth-largest oil producer behind the United States, Saudi Arabia and Russia.