Iran Power Q4 2018
The re-imposition of US sanctions will weigh on Iran’s ability to develop new thermal capacity as entities with exposure toUS markets reduce dealings with the country or withdraw completely. High inflation and low real GDP growth rates further strainIran’s ability to afford large-scale power projects. The country will bolster its power security through regional interconnections whichallow for electricity imports during peak demand. We expect Iran to become increasingly dependent on imports to meet demandthroughout the year, becoming a net importer of power by 2020.
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