Categories: EnergyEurope

Iran and Russia in Talks over Electricity Exchange

A new report says Iran and Russia are in final talks over high-season electricity exchange.

Payam Baqeri, head of the Export Committee of the Iranian Power Industry Union, told the Azerbaijan Press Agency (APA) that Iran and Russia have long been negotiating over electricity swaps during summer and winter.

Accordingly, Iran will export electricity to Russia during winter and Russia will power up Iran’s electricity grid during summer, when local heat raises power consumption.

The report said a significant issue for the two sides has been picking a route for the power transfer.

It said that currently two routes were available; one from Iran to Armenia and then Georgia before reaching Russia, and the other from Iran to Azerbaijan and then Russia, via Georgia again.

The official reportedly said that given the existing conditions for power exchange, the swap was likely to take place through Azerbaijan.

He said the two neighbours have already synchronized their power grids.

Golrokh Askarieh

Recent Posts

Advisor to Iran leader: Tehran ready for talks, but won’t give in to pressure over nuclear issue

Kamal Kharrazi, the head of Iran's Strategic Council on Foreign Relations and an advisor to…

10 hours ago

President Pezeshkian says Tehran committed to complete North-South transit corridor

Iran's President Massoud Pezeshkian has reaffirmed the Iranian government's commitment to completing the North-South transit…

10 hours ago

Art event brings diplomats, artists and ordinary citizens together inside Iranian Foreign Ministry

An artistic event titled Autumn-Leaf was held in Meydan Mashgh, within Iran’s Foreign Ministry’s premises…

13 hours ago

North Korea preparing to ship more forces, drones to Russia: S. Korea

North Korea is preparing to deploy additional troops, weapons and other military equipment, including drones,…

13 hours ago

Iran, E3 set to resume talks in January: Spokesman

Foreign Ministry spokesman Esmaeil Baqaei has stated that a fresh round of talks between Iran…

13 hours ago

Legendary Iranian actress, voice performer Zhaleh Olov passes away

Zhaleh Olov, a celebrated actress of Iranian cinema, theater, television, and a renowned radio voice…

15 hours ago