Iraqi energy storage corporate culture

Does Iraq have a good power sector?

As a major producer, Iraq’s electricity sector is almost entirely dependent on fossil fuels, which account for more than 80% of power generation. Despite its vast energy resources, the performance of the country’s power sector is sub-optimal.

What is the future of electricity supply in Iraq?

The future of electricity supply in Iraq can be achieved through several pathways, but the most affordable, reliable, and sustainable approach involves reducing network losses by at least half, strengthening regional interconnections, utilizing captured gas in efficient power plants, and increasing the share of renewables in the energy mix.

How does Iraq's power sector perform?

Despite its vast energy resources, the performance of the country’s power sector is sub-optimal. Iraq’s power sector suffers from a double whammy: unsustainable growth in power demand, coupled with under-investment and a lack of reforms in generation, transmission, and distribution. The result is a growing mismatch between power supply and demand.

How has war impacted Iraq's power infrastructure?

While Iraq has made impressive gains in oil production, the turmoil of recent wars has undermined the country’s ability to maintain and invest in its power infrastructure. Despite these challenges, Iraq has nearly doubled its oil production over the past decade.

What is Iraq's long-term strategy?

Drawing on external subject matter expertise to provide sustainable skills growth for local people is another key tenet of Iraq’s long-term strategy. At KBR we have been working in Iraq since the 1970s, developing a local workforce, skilled in areas such as emissions reductions, gas monetization and green ammonia production.

How can Iraq achieve a balance between oil and gas?

Striking the right balance Iraq is fortunate to have natural resources, but the historical dominance of oil and gas creates a challenge. Eliminating gas flaring and reducing methane emissions is a welcome first step.