Economist: Increased demand for electricity prompts us to look for “urgent solutions” to generate power

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Economist: Increased demand for electricity prompts us to look for “urgent solutions” to generate power

Financial master Safwan Qusay made sense of on Thursday that there is expanding development in the interest for power when Iraq actually needs gas to create energy, calling attention to the significance of looking for different answers for guarantee admittance to power.

Qusay stated to A, “The contracts concluded with the Ministry of Electricity to invest in the gas associated with energy production based on Iraqi gas have been signed.”

He added, “Iraq keeps on expecting to import gas, particularly with the high development rate regarding the requirement for power, as the discontinuance of gas erupting is supposed to be in 2028, and that implies that Iraq’s requirement for gas, adding up to 3 cubic feet, can be given from the inside.”

“There is a possibility of expanding in the field of electricity generation by relying on clean energy, hydroelectric power, and nuclear energy, which can reduce the dependence on fuel in electricity generation,” he said.