Hassan Al-Asadi, the Deputy Chairman of the Parliamentary Electricity and Energy Committee, confirmed on Sunday that the renewable energy law will be put to a vote by the House of Representatives during its upcoming sessions.
Al-Asadi told , “The Place of Delegates will decide on the sustainable power regulation before very long,” demonstrating that “the law is viewed as one of the significant regulations in Iraq and will serve Iraq by exploiting sunlight based energy and other sustainable power sources to create power.”
He said, “The renewable energy law will serve Iraq in all aspects and address many problems, including importing gas and energy from neighboring countries and the technical problems we face in the import process.” He added that the renewable energy law would also help Iraq “in all aspects.”
According to Al-Asadi, “the renewable energy law will open a door for Iraq in global markets by relying on and benefiting from renewable energy, especially solar energy and other energies.”
Despite Iraq’s abundance of natural resources, including substantial oil and gas reserves, the country’s national electricity grid is unable to meet the requirements of its citizens and institutions.
As per its representative, the Service of Power is trying to address the emergency through sustainable power projects, including waste-to-energy plants in Abu Ghraib and Nahrawan. In Wasit Governorate, studies are also being done to set up wind energy projects, and contracts are being signed to set up solar energy projects with international companies like ACWA Power in Saudi Arabia and Masdar in the United Arab Emirates.
Reports indicate that the Central Bank’s initiative to support renewable energy has not succeeded due to complex procedures and poor media promotion. The energy sector faces challenges related to corruption and inefficient management, which prevent the achievement of ambitious clean energy goals.
Experts say that it will take a long time and a lot of money to move to clean energy.
According to the International Renewable Energy Agency’s (IRENA) annual statistical report, Iraq’s capacity to generate electricity using renewable energy would place it seventh out of the ten Arab nations by the end of 2023.
