Iran energy storage subsidy announcement

Why do Iran's power plants rely on mazut?

“This is a valuable step towards reducing the health risks associated with air pollution.” As temperatures drop in winter, Iran’s supply of natural gas is insufficient to meet surging demand, so its power plants are forced to rely on mazut as feedstock.

Does IRA supply-side policy affect battery economics?

Specifically, it describes the key supply and demand incentives offered by the bill, assesses the impact of IRA supply-side policies on US battery economics to date, and examines the demand-side provisions of the IRA, which include notable eligibility constraints on the origins of battery components and critical minerals.

Why is Iran implementing power blackouts?

Iran has started implementing rolling power blackouts across the country as the Islamic republic struggles with a shortage of natural gas ahead of winter. Two-hour daily outages will be enforced in Tehran, the capital city that is home to 9.5mn people, from Monday and will affect homes and businesses, local media reported.

Why are Iran's power cuts causing air pollution?

The power cuts also follow a decision to ban mazut, a high-polluting fuel oil, at three power plants in Arak, Isfahan and Karaj. The alternative to natural gas has contributed to high levels of air pollution in Iran.

Will the IRA reshape the US battery cost curve?

US gigafactory capacity in the pipeline through 2030 has increased from around 700 GWh in July 2022 (prior to the IRA) to just over 1.2 terawatt-hours (TWh) as of July 2023. [vii] Again, this is not surprising—the IRA effectively reshapes the US battery cost curve, lowering domestic costs by $45/kWh.

Is a natural gas alternative causing air pollution in Iran?

The alternative to natural gas has contributed to high levels of air pollution in Iran. “By halting the burning of mazut at three thermal plants, the government is bound to implement scheduled blackouts across the country,” said Shina Ansari, vice-president and head of the environment department.