Iran needs to step-up its energy generation from renewable sources and nuclear to cut its reliance on fossil fuels.
GlobalData made the comment in its latest report, which shows that 90% of the 264,625GWh of electricity generated last year came from oil, gas and coal.
With the country’s implementation of its Renewable Energy Power Purchase Act, Iran’s renewable energy generation is expected to rise to 3,493GWh by 2020 from 551GWh this year.
Nuclear power capacity is also expected to increase from 915MW last year to 1,830MW by 2020 following the construction of its first nuclear plant, which is expected to come into operation this year.
However, the report claims 86% of the nation’s predicted energy production for 2020 is still expected to come from fossil fuels.