Tehran, March 2025 – To foster international collaboration and provide transparent data to global stakeholders, the Secretariat of the IEIEA has published a comprehensive English analysis of the Iranian fiscal year 1403 (2024-2025).
A Year of Paradigm Shifts The report characterizes 1403 as a year defined by "extreme resilience". The national grid successfully navigated a complex "dual-crisis scenario": a record-breaking summer "Heat Dome" that pushed demand past 79,000 MW, and a severe winter "Gas Cliff" that tested fuel supply chains.
Key Highlights of the Report:
Generation Efficiency: Despite external pressures, the industry successfully upgraded Open Cycle plants to Combined Cycle, raising average efficiency from ~32% to over 48%.
Maintenance Mastery: A massive overhaul program covering 110,000 MW was executed, with domestic companies reversing-engineering critical hot-gas path components to maintain 98% plant availability.
Market Reform: The report details the success of the "Green Board" on the Iran Energy Exchange (IRENEX), where industrial demand for renewable energy drove trading volumes to record highs, establishing a real price discovery mechanism.
Outlook for 1404: The Year of Efficiency Looking ahead, the report outlines the IEIEA's strategic roadmap for the new year, designated as "The Year of Efficiency". The focus will shift towards:
Grid Modernization to reduce technical losses.
Renewable Expansion, specifically targeting wind energy in eastern corridors.
Cultural Shift from energy subsidies to energy productivity.
Download the Full Report Researchers, investors, and industry partners can now access the full text of the "State of Iran’s Electrical Industry (1403 Review)" via the link below.