Bourse & Bazaar: New Contracts Offer Synergies Between Players in Iran's Power Industry

Iran's new IPC oil contracts have had all the attention, but as Hamid Soorghali of Energy Pioneers writes in Bourse & Bazaar, the new energy conversion agreements (ECAs) devised by the Ministry of Energy may be equally important. Iran's power industry needs investment to improve efficiency. As it stands, about 25% of power is wasted during peak times, lost in aging systems of generation and transmission. Read more