Iran Power Q1 2019
Key View:
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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