Iraq grid energy storage program public list

Does Iraq have a good power sector?

As a major producer, Iraq’s electricity sector is almost entirely dependent on fossil fuels, which account for more than 80% of power generation. Despite its vast energy resources, the performance of the country’s power sector is sub-optimal.

How does Iraq's power sector perform?

Despite its vast energy resources, the performance of the country’s power sector is sub-optimal. Iraq’s power sector suffers from a double whammy: unsustainable growth in power demand, coupled with under-investment and a lack of reforms in generation, transmission, and distribution. The result is a growing mismatch between power supply and demand.

What is the future of electricity supply in Iraq?

The future of electricity supply in Iraq can be achieved through several pathways, but the most affordable, reliable, and sustainable approach involves reducing network losses by at least half, strengthening regional interconnections, utilizing captured gas in efficient power plants, and increasing the share of renewables in the energy mix.

Does the Persian Gulf need a regional power grid?

The development of a regional power grid has long been a goal of the Persian Gulf region’s oil producers. To some extent, this goal has already been achieved within the GCC states, which have collectively established a unique body to link their energy networks and guarantee a stable regional electricity supply.

Why did Qatar and Iraq sign a grid interconnection agreement?

Moreover, in August 2022, Qatar and Iraq signed a Grid Interconnection Agreement, intended to improve energy cooperation and support the country’s efforts to diversify its energy supply.

Does Iraq need a GCC-Iraq electrical interconnection project?

Conversely, Iraq has sought to normalize its imports of electricity from the Gulf Cooperation Council (GCC) states through the GCC-Iraq Electrical Interconnection Project, allowing Baghdad to access a variety of energy sources and improve the reliability of its electric grid.