In an interview with NIPNA, Mehdi Hamdam Momen, CEO
of the Persian Gulf Renewable Energy Development Company, a subsidiary of Persian
Gulf Petrochemical Industries Company (PGPIC), discussed the use of renewable
energy and rooftop power plants to support electricity consumption for
petrochemical companies within the Persian Gulf Holding.
He mentioned that an investment of approximately $2 billion
will be required to achieve the holding's goal of developing renewable energy
production, which will be funded through foreign financiers and the National
Development Fund.
He further explained that the electricity demand for the
petrochemical units within the holding is around 1.2 gigawatt hours. Based on
the goal of producing 5,000 megawatts of renewable energy in the first phase, a
capacity of 500 megawatts will be established.
Hamdam Momen emphasized that the Persian Gulf Renewable
Energy Development Company is working on policies to address the country's
energy imbalance. It is expected that the plan to create 5,000 megawatts of
renewable energy capacity will be realized within a three-year period.
He also highlighted the significant impact of electricity
outages on industries and the country's need for energy, adding that the
Persian Gulf Holding aims to mitigate the economic losses caused by the energy
imbalance and convert gas used for electricity production into feedstock for
petrochemical units.
The CEO concluded by stating that the holding is focused on
ensuring energy sustainability by creating a 5-gigawatt renewable energy
capacity to support the electricity needs of its petrochemical plants.