Iran Wind Energy Outlook

Date: 2015-11

“Iran Wind Energy Outlook


Iran has one of the largest oil and gas reserves in the Middle East. At the end of 2014, it had gas reserves of 1,201 trillion cubic feet – 18.2% of the global total – and 21.7 billion tons of oil – 9.3% of the global total (BP Statistical Review, 2015). This, alongside recent increases in crude oil prices, has helped Iran to improve its economic performance. The country is one of the leading members of the Organization of Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF). In spite of this, the economy suffers from high inflation, unemployment, moderate economic growth, and insufficient foreign and domestic investment.

Iran is also investing in renewable energy, especially wind power, along with energy efficiency and distributed electricity generation. The government has put in place a target of 5 Gigawatts (GW) of renewable power, to be attained by the end of 2018. Of this, 500 Megawatts (MW) has been set aside for solar power. Feed-in Tariffs (FiT) for renewable power are now classified by energy source, unlike the previous practice, which was based on the time of day that the electricity was being produced. This indicates up-to-date thinking on the part of the Iranian leadership. Leading wind turbine manufacturers such as Nordex and Vestas have expressed interest in investing in the Iranian market, and hopes are resting on the final lifting of economic sanctions, which would simplify the associated procedure.

Iran is now exploiting its wind power potential. An assessment by German company Lahmeyer International indicated more than 40,000 MW of wind potential. Three upcoming projects are expected to come online in Gilan, Qazvin and Khuzestan in the future, while currently active projects include Manjil and Rudbar (100.8 MW), Binalood (28.38 MW), Lootak (0.66 MW), and Onebne Ali (0.66 MW).


– The report includes wind power regulatory framework, wind power capacity and generation, upcoming projects and investment trends in the wind sector.

Reasons to buy

– The report gives an update on the country’s wind energy sector.
– Helps in understanding the growth trajectory of wind power in the country
– Gain insights into the country’s wind power policies and regulations
– Identify investment opportunities through upcoming wind energy projects”


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