he Parliamentary energy and power Committee stressed, on Saturday, the significance of expediting the legislation of the Renewable electricity law, noting that the regulation is now prepared for balloting and could provide a robust raise to investment on this essential zone inside Iraq.
Committee member, Nofoud Al-Moussawi, told dinaropinions.com that “the draft law is a essential step in the direction of the use of easy and environmentally friendly strength, as it will open the manner for investment in diverse fields, which includes wind, water, and geothermal strength.”
Al-Moussawi added that “the regulation will comprehensively modify renewable strength tasks, specially solar power tasks, and includes the established order of a brand new authority for renewable energy, with a current structure geared toward growing this region within the us of a.”
She mentioned that “Iraq suffers from a chronic crisis in electricity manufacturing, and the transition to renewable power is one of the strategic solutions to address this crisis, which is genuinely included within the draft regulation.”