the generation of power
turbines and boilers
machinery for cable and overhead transmission lines
motors and electric drives
energy-saving and energy-efficien technologies
Electronics & Electrial Goods
Renewable Energy & Energy Conservation industries
Iran has the fourth largest oil reserves and the largest natural gas reserves in the world. Iran is an energysuperpower. Iran is in a constant battle to use its energy resources more effectively in theface of subsidization and the need for technological advances inenergy exploration and production. The energy consumption in the country isextraordinarily higher than international standards. Iran recycles 28 percent of itsused oil and gas whereas the figure for certain countries stands at 60 percent. Iran is one of the most energy-intensivecountries of the world, with per capita energy consumption 15 times thatof Japan and10 times that of European Union. Also due to huge energy subsidies, Iran is one of the most energyinefficient countries of the world, with the energy intensity threetimes higher than global average and 2.5 times the Middle Eastern average. Halfof the country’s energy is wasted in domestic sector, 3.4 of which is wastedthrough the vehicles moving with single person and2/3 parts of power plants' energy are also wasted.
China is seeking to set up three common energy markets in Asia to help meet its need for cheap power sources and facilitate regional economic development. The plan, which capitalises on President Xi Jinping's "One Belt, One Road" initiative to foster closer economic cooperation in Asia, Europe and Africa, is highly feasible, according to a report by the Chinese Academy of Social Sciences. Released at the Global Forum on Energy Security in Beijing on Monday, the report calls for three common energy markets to be set up - in Northeast Asia, Central Asia and Southeast Asia.