What is the future of electricity supply in Iraq?

There are a number of pathways available for the future of electricity supply in Iraq but the most affordable, reliable and sustainable path requires cutting network losses by half at least, strengthening regional interconnections, putting captured gas to use in efficient power plants, and increasing the share of renewables in the mix.

Is foreign help enough to fix Iraq's energy problems?

Foreign help is not enough to fix energy issues, domestic reform is necessary. This past July, Iraq and France’s TotalEnergies finalized the Gas Growth Integrated Project, a $27 billion energy deal aimed at Iraq’s natural resources and improving the country’s electricity supply.

Does Iraq have a green energy plan?

Iraq intends to generate 25% of its energy from green sources by 2030, and in 2022 made $750m in low interest loans available to fund solar initiatives. An increase in renewable power will drive growth in green hydrogen and ammonia production.

Does Iraq have a good energy system?

Today, the majority of Iraq’s population has grown up in a system that has promised to deliver on energy improvements, but changes in the standard of living have rarely materialized.

Does Iraq have a reliable electricity grid?

Now, two decades after the 2003 US invasion, Iraq has failed to see improvements in the electricity infrastructure. Although the disparity between supply and demand is widening due to population increase and rising temperatures, corruption remains the largest obstacle to a reliable electricity grid.

Who are China's oil companies in Iraq?

China’s influential energy entities, including China National Petroleum Corporation (CNPC), have been entrenched in Iraq for years, marking a significant transformation of international oil companies within the nation.