What Are the Reasons & Solutions of Iran’s Power Outage

As we all know, Iran is the 16th largest power generation country in the world. Iran’s electricity price is “the cheapest in the world.” Recently, Iran’s electricity supply has problems. Many places in Iran have begun to take alternate power cuts. There have been unwarned power cuts before. It caused dissatisfaction among the Iranian people and the parliament. It turned out that the electricity bill was only 2 cents (about 0.13 yuan), which made Iran an ideal "mining" base. Low electricity bills naturally attracted a large number of "miners" to "mining" in Iran, but in the end it also made Iran's power grid "unbearable." At the same time, the reasons for the shortage of electricity include hot weather, rising electricity consumption due to industrial prosperity, and reduction in hydropower generation due to drought. Today we look at Reasons & Solutions:

1. Virtual currency uses fierce electricity

The Iranian electric power department believes that illegal cryptocurrency “mining” is the main reason for the increase in electricity consumption in this round. The power has increased by 4.5 times, and we estimate that the current power consumption of these devices is at least 2,000 megawatts."

Solutions: Iran will vigorously rectify illegal "mining" to save electricity. The Iranian Ministry of Energy has asked the Iranian people to report any illegal activities of mining cryptocurrency.

2. Traditional hydroelectric power generation is reduced by half due to the weather

In terms of hydropower generation, Salehi said that insufficient rainfall and severe drought have caused the water level of the reservoir in Iran to reach its lowest point, which has reduced the number of hydropower stations. For example, Salish said: "Last year, the water storage capacity of dams nationwide in Iran was about 12 billion cubic meters, but this year this figure has dropped to 6 billion cubic meters, which means that our hydroelectric power generation has been reduced by half. Due to water shortages This year, the power generation of hydropower stations has dropped by 4000 to 5000 megawatts, which is equivalent to the electricity consumption of six major cities."

Solutions: Several power plants will also be put into operation in the next few days, I hope the situation will improve. He hopes that the Iranian people can cooperate and jointly solve the power supply difficulties.

3. Large demand for electricity in the industrial sector

Iran has always emphasized and valued industry. With the prosperity and development of industry, the demand for electricity has also increased sharply. Each company has thousands of devices working, and behind this is a power competition. In the summer, the demand for electricity only increases, which does make all countries face challenges.

Solutions: In order to alleviate the power shortage, Iran encourages the people and the industrial sector to use electricity during peak periods. For example, industrial units that stop working during peak hours will receive a 50% discount on electricity bills at other times, and people will also receive electricity discounts for off-peak electricity use.

4. Infrastructure needs rapid development

It is reported that many power station projects are abandoned halfway, and the government does not have the money to repair power stations, and Iran’s domestic electricity consumption continues to grow, causing demand to fall short of demand. This confirms the importance of infrastructure.

Solution: Do a good job in the construction and maintenance of power stations, monitor power transmission and distribution data, and deal with special situations. This also requires the authorities to build their own more complete power grid software and hardware systems. Only by making the lives of industrial residents more secure, can people create a better life together.

The above is the case of the power outage caused by the virtual currency that IVY is showing you this time. It is also IVY's advice and wishes to Iranian friends. We focus on metering and switching, and we pay more attention to people's life convenience. If you are interested in Iranian electronics, please visit www.ivy-metering.com