Iraqi enterprise energy storage

What is Iraq's energy supply like in 2022?

As of 2022, Iraqi energy supply is over 90% reliant on hydrocarbons, which also account for 95% of the country foreign exchange earnings. The global energy landscape is rapidly shifting towards cleaner alternatives, and the volatility of oil prices has made it imperative for the country to diversify its energy sources.

Can a green hydrogen-based energy system help Iraq achieve sustainable economic resilience?

The study investigates the potential of transitioning Iraq, a nation significantly dependent on fossil fuels, toward a green hydrogen-based energy system as a pathway to achieving sustainable economic resilience. As of 2022, Iraqi energy supply is over 90% reliant on hydrocarbons, which also account for 95% of the country foreign exchange earnings.

Why is Iraq's energy system vulnerable?

However the capacity to capture and process this gas has not kept pace. The inability to utilise its gas riches means that the country's gas deficit has grown, and Iraq now relies on imports from Iran to meet increasing demand. This has introduced a number of vulnerabilities to Iraq’s energy system.

How much energy does Iraq use?

Iraqi energy consumption witnessed fluctuations and a gradual increase from 2010 to 2021, as depicted in figure 2. The energy consumption in 2010 stood at 129.7 terawatt-hours (TWh). Over the next few years, there was a steady rise, with consumption reaching 139.5 TWh in 2011 and 146.9 TWh in 2012.

Does Iraq have a green energy policy?

The establishment of Iraq Renewable Energy and Energy Efficiency Agency in 2010 and the formation of the Iraq Renewable Energy Agency (IREA) in 2016 further solidified the country commitment to green energy. In 2018, the country electric power consumption had risen to 0.75 MWh per capita, and wind energy capacity reached 100 MW.

What does the Ministry of electricity of Iraq do?

Ministry of Electricity of Iraq is the federal government entity in charge of both the policymaking and the electricity supply. The generation, transmission, and distribution, and distribution are divided into geographically distributed directorates