Iraq accelerates energy storage construction

What is the value of Iraq's gas growth integrated project?

Value of the deal was not disclosed. The developments fall under Iraq’s Gas Growth Integrated Project, which aims to up the country’s power generation capacity and gas production. The French energy giant signed the USD 27-billion contract to begin construction of four energy projects in the country in July 2023.

Does Iraq have solar power?

And UAE-based developer Masdar signed an agreement with Iraq's government in June to build a 2 GW solar project. According to the International Renewable Energy Agency, Iraq has just 216 MW of installed PV capacity, despite having huge solar potential. No additional solar power has been deployed in the country over the last three years.

How has the turmoil impacted Iraq's power infrastructure?

But the turmoil has also undermined the country’s ability to maintain and invest in its power infrastructure. This report maps out immediate practical actions and medium-term measures to tackle the most pressing problems in Iraq’s electricity sector.

How has Iraq's energy system changed over the years?

This has introduced a number of vulnerabilities to Iraq’s energy system. For example, payment issues last summer led to Iran cutting exports, significantly exacerbating electricity shortages in Iraq during peak seasonal demand. As oil production has soared, so has the amount of associated gas produced alongside.

Why is Iraq's energy system vulnerable?

However the capacity to capture and process this gas has not kept pace. The inability to utilise its gas riches means that the country's gas deficit has grown, and Iraq now relies on imports from Iran to meet increasing demand. This has introduced a number of vulnerabilities to Iraq’s energy system.

Will totalenergies build a 1 GW solar plant in Iraq?

TotalEnergies plans to build a 1 GW solar plant near the port of Basra, in southern Iraq. The Iraqi government has revealed that France's TotalEnergies will build a 1 GW solar park in Artawi, near the southern port of Basra, Iraq. The two sides signed a $27 billion framework agreement on Sunday.