Iraq ranked 10th international and 0.33 amongst Arab international locations in terms of the bottom strength intake tariffs by the stop of 2024.
according to GlobalPetrolPrices.com, a internet site focusing on financial signs, power costs in Iraq stood at $0.1/2 in line with kilowatt-hour for residential use and $zero.046 consistent with kilowatt-hour for commercial consumption.
Globally, out of one hundred forty countries, Zimbabwe topped the listing with the most inexpensive electricity at $0.001 in line with kilowatt-hour, observed by means of Ethiopia at $0.003, Iran at $zero.004, Cuba at $zero.006, and Sudan at $0.006. Libya got here in 7th with $0.007 consistent with kilowatt-hour.
At the alternative quit, Bermuda recorded the highest power fees globally, accomplishing $zero.472 consistent with kilowatt-hour, followed with the aid of the Cayman Islands at $0.435.
inside the Arab international, Sudan ranked first for the cheapest energy price lists, followed by way of Libya in 2nd, Iraq 0.33, Egypt fourth at $0.018 in step with kilowatt-hour, Syria fifth at $0.019, Oman sixth at $zero.026, and Qatar seventh at $zero.032.
meanwhile, the Iraqi Ministry of energy predicts that countrywide call for may want to attain 55,000 megawatts at some point of height summer season months.
present day output hovers round sixteen,000 megawatts, with government focused on greater than 27,000 megawatts by using mid-year to mitigate chronic blackouts.