Iran Power Q1 2019
Despite US sanctions, International investors will continue to participate in Iran's power sector over our forecast period to2027. We expect for steady growth in thermal power and non-hydropower renewables capacity over the coming decade, albeitsomewhat lower than pre-sanction forecasts. However, sanctions will weigh on Iran's economy, causing a short-term contraction ofits GDP in 2019 leading to increased inflation rates. That said, we anticipate that US sanctions will only have a mild-to-moderatelynegative impact on Iran's power sector.
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