Home
Governmental direction to invest in renewable energy
Economical 2023/07/03
[You must be registered and logged in to see this image.]
Samawah: Nafeh Al-Naji
With the government moving towards clean energy and its recent announcement of approving the construction of two large solar power stations in Basra and Samawah with capacities of up to 1,500 megawatts, there are renewed calls and demands for investment in renewable energy sources.
Iraq is characterized by sunny weather for many months of the year, in addition to other sources of clean energy such as wind turbines, watersheds, and others.
Many countries in the world have turned towards alternative energy.
Energy analyst Yassin Al-Fadli told (Al-Sabah): "Renewable energy is very expensive in its infancy, and it seems that we need quite some time for Iraq to be able to enter the world of renewable and clean energy."
However, the world of renewable energy will not end the electricity crisis rooted in the country, and this is confirmed by energy experts who suggest the inability to leave the fossil oil sector completely and move towards solar energy and other types of renewable energy.
Al-Fadhili reveals the reason, saying, "It is slow in development and takes a long time, in addition to being very expensive. China, which is one of the best countries in the world in manufacturing and producing solar cells, has been able to supply only 35 percent of the energy generated by these solar cells and is still bought every day." Between 6-8 million barrels of crude oil for power generation.
For his part, economist Salem Al-Hilali believes that "many countries have left the traditional ideas of energy generation towards their clean and renewable sources. For example, Europe has announced that at the beginning of the next decade it will not allow cars that run on regular fuel to walk in its streets or enter cities, and that citizens are obligated to convert and acquire electric cars".
Al-Hilali pointed out the importance of the state sponsoring this issue and encouraging its institutions and individuals to move towards wind energy means, such as electric fans, energy generated from rivers, hydroelectricity, and life energy, which are all alternative, clean, and renewable energy sources. We must think about our fate after ten years, so what if we run out Fossil oil stocks in Iraq, what are we going to do?
The transition from the use of the most common traditional energy source, which is oil, to other sources is that Iraq seeks to adopt its systems and keep pace with the development taking place in this field, and its economic returns in the long term. There are many investment projects that the government intends to launch in this direction, especially with regard to stopping the waste that The process of extracting associated gas, which witnesses a waste of four billion dollars annually, is accompanied by expert estimates.
The problem does not lie in this financial waste only, but also includes the great effects of not investing gas in going towards environmental pollution, which the whole world is struggling to mitigate its damages that cause drought, warming, and climate-polluting problems.
The government also seeks, within its endeavors in this direction, to try to maximize the state’s resources, and since Iraq enjoys a ground that allows it to transform and move to clean energy sources from winds, permanent sunshine, and vast desert areas in order to achieve self-sufficiency in operating electric power plants and not to continue relying on importing gas from neighboring countries.
[You must be registered and logged in to see this link.]
» Absent control and rising corruption.. Sudan faces a harsh political winter
» A representative shows the laws prepared for voting during the upcoming sessions.
» Corrupt people in it.. Independent MP criticizes the performance of Al-Sudani's government
» Parliamentary Oil Committee reveals government move to end electricity crisis
» The Administrative Court postpones consideration of the lawsuit on the legitimacy of the Kirkuk gove
» MP: The ministerial reshuffle depends on consensus within the state administration
» Politicians put question marks on Al-Sudani: corruption, espionage and serving foreign interests
» The International Union of Arab Bankers honors the Chairman of the Private Banks Association: A prom
» Industry: Contracts to supply state ministries with food products
» After Shell Withdrawal, American Company Heads to Implement Al-Nibras Project in Iraq
» Revealing the fate of the Chinese deal in Iraq.. It was disrupted by this party
» The Central Bank of Iraq 77 years of challenges and reforms
» "Unprecedented numbers"... American "CNN" talks about tourism in Iraq
» After implementing automation, Baghdad Airport Customs jumps 400 percent
» Iraq participates in sustainable development activities
» Al-Sudani opens 790 model schools
» Parliamentary Culture: The Right to Information Law will satisfy all parties
» Al-Mashhadani to {Sabah}: Tomorrow we will discuss the Zionist threats
» Industry to {Sabah}: Contracts to supply state ministries with food products
» Trade cooperation between Najaf and Isfahan
» {New building} and {electronic systems} to develop forensic medicine
» A specialized center for monitoring the environmental situation in the capital
» International and parliamentary praise for the success of the "population census" process
» The European Union organizes a workshop in Basra on central administration and the wealth distributi
» The Media Authority and the Ministry of Education discuss the importance of enhancing and introducin
» Iraq's oil exports to America rose last week
» Electricity announces loss of 5,500 megawatts due to complete halt of Iranian gas supplies
» Tomorrow.. The Arab League is looking to unify its position against Israeli intentions to strike Ira
» The Central Bank moves its secret vaults to its new building.. Clarification of the truth of the cla
» Network reveals the fate of the Chinese deal.. It was disrupted by "Iraqi officials"
» From the White House to the "Leaders of Iraq"... A Message Regarding the Targeting of Baghdad
» Parliament session agenda next Tuesday
» "Unforeseen Danger"... Turkish Barracks in Kurdistan Region Between "Hammer and Anvil" - Urgent
» As tensions escalate, parliament holds 'emergency session' to discuss Israeli threats
» For Population and Housing.. Planning announces the success of the general census in Iraq
» Trade announces a special application for the ration card that determines the mechanism for families
» Political Conflicts Obstruct Oil and Gas Law: The Future of Iraq’s Wealth at Risk
» The political representation map awaits the results of the population census.. Will the parliament s
» Drug Localization.. A government advisor announces the registration of important drugs for the first
» Japan announces completion of more than 30 projects in Iraq through soft loans
» Integrity reveals new embezzlement operations in a government bank in Karbala
» Through dialogue or “elite forces”... How does Baghdad prevent the factions from implementing the Is
» Trade Bank of Iraq announces plan to open new branches
» Parliamentary Security: Israel wants international legitimacy to strike Iraq
» Minister of Health: Services provided under health insurance are almost free
» Planning: The census identifies the economic and social characteristics of each Iraqi individual.
» Al-Hakim: Iraq's duty towards the regional crisis must be consistent with its reality and capabiliti
» American party reveals the reason for Israeli threats to Iraq
» Proceedings of the first session headed by Al-Mashhadani.. Budget amendment and no schedules
» After half of it passed without sessions.. Discussion of a new extension of the legislative term
» Here are the dollar exchange rates in the Iraqi stock exchanges
» Iranian gas exports to Iraq have stopped completely for this reason Local
» utube 11/23/24 MM&C Reporting-Expectations are High-IMF-Flexible Exchange Rate Regime-Pr
» utube 11/21/24 MM&C MM&C News Reporting-Global Trade-Best Route in World-Purchase Power-Justice-Cen
» Koger: The budget schedules have not reached us yet, and we will start the sessions as soon as they
» MP calls for activating China's Belt and Road Initiative economy
» Al-Baldawi: Political will controls the fate of the ministerial amendment
» Al-Lami: US bases in Iraq represent a military arsenal to protect the entity
» Iraq sends "identical" messages to international and Arab parties regarding Israeli threats
» Iraqi parliament resumes sessions on Monday with 'important' laws
» The Central Bank of Iraq sells more than $894 million in three days
» With the participation of the private sector.. Iraq studies a project to establish a large medical c
» OPEC Secretary General: Crude Oil and Natural Gas are 'Gifts from God'
» How much did the census cost in Iraq?
» Türkiye hints at “good news” regarding Kurdistan oil exports.. What about the development path?
» Minister of Education: Project No. 1 has reached its final stages and new schools will be announced
» With Al-Mashhadani's support... Parliamentary move to activate the oversight role during the upcomin
» Israel sends messages to Iraq: An expected strike and no options for deterrence
» A government bank in Karbala embezzles installment amounts paid by a number of borrowers
» Iraqi government begins measures to prevent oil “smuggling” from Kurdistan
» Iraq sends "identical" messages to international and Arab parties regarding Israeli threats
» Al-Araji: The international coalition has great credit in helping Iraq defeat ISIS
» Dollar price stability in Iraq
» Iraqi exhibitions participate in the UFI conference in Germany
» Industry: A plan to increase battery production and cover the needs of the local market
» Health: We are studying the establishment of medical cities in Baghdad and the governorates with the
» Foreign Minister: The government has taken internal and external steps regarding the threats of the
» Immigration: Report to be submitted next month to curb illegal immigration
» The Arab League will hold a meeting next Sunday to confront the threats of the Zionist entity, at th
» Iraq comments on the threats of the Zionist entity
» Al-Mandlawi: The International Court’s decision to arrest Netanyahu and his defense minister is a st
» Supreme Census Authority: End of the second phase of the population census
» An inside look at Iraq’s “fuel smuggling market”: New developments and smugglers “suffering”
» Find out the dollar exchange rates in the Iraqi stock exchanges
» New embezzlement operations revealed in a government bank in Karbala
» Officially.. The Supreme Authority for Population Census sets the date for announcing the results
» Prime Minister: It is hoped that the remaining 1,000 schools will be completed within two months - U
» utube 11/19/24 MM&C Report-Census-Global Transparency-Budget-Trade-Banking-Delete the Ze
» Barzani: The relationship with Baghdad is good and no problem can be solved by force
» Al-Mashhadani: The international system today is “fluid and in crisis” and the Middle East crisis is
» Legal Center: Iraq is the fourth Arab country in child labor and there is a need to legislate a law
» Democratic: The new regional government is a coalition and one step away from negotiations to form i
» Parliament resumes its sessions next week... and clarification of the mechanism for extending its le
» A member of the Patriotic Union of Kurdistan stresses the need to pass the Kurdistan budget law, whi
» Framework warns: Agreement with Washington will be at stake if Iraq is bombed
» Protecting Iraq is an American duty: Security agreements are not just ink on paper
» Moderate leaders...are they able to guide the path at a regional crossroads?
» Politician reveals political agreements to vote on personal status law