28 Jul '13, 12pm

#peakoil Iran on verge of electricity shortage, again: Iranian Energy Ministry warned that, if citizens do not...

rollin on Sun, 28th Jul 2013 4:47 pm Iran raised its electricity rates to 2 cents per kwh back in 2010 from less than a penny. I guess they did not raise it enough. How about diesel at 2 cents a liter, or gasoline at 12 cents a liter? Do you think these people have been getting fuel and electricity for nearly free compared to the developed world. Basically the industrial world has been subsidizing the Iranian power structure and paying way too much for their fuel. Iran is taking care of it’s people with millions of low cost housing units and refurbs of rural houses. Iran has an extremely large but undeveloped natural gas resource, so why not invest in nat gas drilling to supply their electricity? If they can develop nuclear and have a huge military presence, they can certainly develop their own resources. Apparently the big hydro dam was not enough.

Full article: http://peakoil.com/consumption/iran-on-verge-of-electrici...

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