Thermal power plants’ generation capacity hits 72,000 MW

Mohammad Ramezani, the acting head of the company’s projects development department, also said that private sector accounts for 68 percent of the electricity generated by the thermal power plants.Increasing the country’s power generation capacity and preventing blackouts during the peak consumption periods have been among the Energy Ministry’s top priorities since the current government administration took office in August 2021. To this end, the ministry had put it on the agenda to increase the capacity of thermal power plants by 5,300 MW by the current Iranian calendar year’s summer time peak consumption period (starting on June 22).Back in August 2021, Energy Minister Ali-Akbar Mehrabian announced that his ministry was planning to boost the country’s power generation capacity by 35,000 MW over the next four years.The mentioned figure would be achieved through the construction of the thermal power plants with 15,000 MW of capacity, and renewable power plants with the capacity of 10,000 MW by the public and private sectors, as well as the construction of new power plants with 10,000 megawatts capacity by large industries. Over the past decade, constant temperature rising and the significant decrease in rainfalls across Iran have put the country in a hard situation regarding electricity supply during peak consumption periods.In this regard, the Energy Ministry has been following new programs to meet the country’s power demand during peak periods and to prevent outages. Constructing new units in the country’s power plants and also building new power plants for major industries are among the mentioned programs that are being pursued seriously by the ministry in collaboration with other related government entities.The Islamic Republic’s total power generation capacity currently stands at about 85,500 gigawatts most of which is supplied by thermal power plants.Currently, combined cycle power plants account for the biggest share of the country’s total power generation capacity followed by gas power plants. Source: Tehran Times

Thermal power plants’ generation capacity hits 72,000 MW

Thermal power plants’ generation capacity exceeds 75,000 MW

Supervising power consumption to be intensified in Tehran

Copper slips as US data stokes worries about rate-cut policy

El Salvador sitting on $3 trillion worth of unmined gold, president says

Gold price could extend record run into 2025, Heraeus says

Trump tariff risk roils gold and silver as New York prices jump

Rio Tinto’s $2.5 billion lithium plan is a win for Milei

Copper price jumps on China policy, but we’ve been here before

Zimbabwe wants 26% free-carry stake in new mining projects

Glencore ties up with Cyclic Materials in copper recycling push

Lithium supply surplus set to stay with battery makers’ help

China tightens rules to curb methane emissions from coal mines

Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant

Arcadium Lithium investors sue miner over Rio Tinto takeover

Skeena advances Eskay Creek permitting, unlocks Orion funding

US foreign investment panel split on Nippon-US Steel deal

Norge Mining acquires Europe’s largest natural graphite producer

Australia’s CEFC invests $75m in homegrown critical minerals

Forensic technology aids Brazil’s crackdown on illicit Amazon gold trade

Mobarakeh steel is producing green steel through scrap recycling

BHP seeks Brazil growth to emerge from shadow of mining disaster

Norilsk Nickel plans to sell all it produces in 2025