Assessing Iran and its neighbors for prospects and challenges: The case of the electrical sector

Rapid growth in population and economic development in Iran and its neighboring countries has resulted in a dramatic increase in electricity demand over the past few years. A substantial amount of electricity must be produced to meet this growing demand in this region. By installing conventional fossil power plants, using renewable energy, and interconnecting with neighboring countries, this growing demand can be accomplished. The main aim of this research is to identify prospects and challenges in the electrical sector around Iran. To this end, this paper evaluates the existing and future state of the electrical sector in Iran and its neighboring countries. Despite the fact that there is still a long way to go in terms of renewable energy in this region, there are some promising targets for the future that will allow fossil fuels to be replaced effectively. Notwithstanding this, we should point out that a number of cross-border interconnection projects are being pursued by Iran and its neighbors in order to integrate their networks and supply this growing demand. Finally, this study presents an overview of the future prospects and challenges of electricity capacity expansion, cross-border interconnections, and electricity transmission corridors in this region. The review results provide comprehensive background knowledge to all the researchers in order to investigate further into the field. This paper assists energy policy makers regarding the development of sustainable energy planning.