By Andrew Lumsden, Research Fellow
Rarely would the terms “Iran” and “renewable energy” be considered as having any positive correlation. The Islamic Republic has some of the world’s largest reserves of fossil fuels and relies on their export for about half of its national revenue. It also is the seventh largest carbon emitter in the world, with its population consuming energy at a rate more than four times the global average. Only about 0.8% of the electricity Iran produces each year comes from renewable sources.
However, Iran’s leaders, particularly over the past five years, have been making considerable efforts to challenge the dominance of fossil fuels in the country’s energy mix. As part of the 2015 Paris Climate Accords, Iran pledged to reduce its greenhouse emissions by 4% by 2030 through expansion of renewable energy production and utilization. Though substantive progress has been made, particularly with regard to policy reforms and construction of green energy infrastructure, serious challenges to Iran’s renewable energy ambitions remain.Read More