The CEO of Negin Sabz Middle East Dynamic Energy Production and Development Company said: The fact that the prices are not realistic is the reason for investors’ reluctance to participate in the country’s energy sector. “Mohammed Zaman Javalan” added: “Pooya Energy is one of the subsidiary companies of Mines and Metals Development Investment, which is 100% owned by Mines and Metals.” Zavalan noted: In this direction, the Semnan power plant was built in two steps; Its first two units with a capacity of 366 MW (i.e. two units of 183 MW) were first purchased in 2009 when it was commissioned. He continued: The Investment Company for the Development of Mines and Metals built two more units with a capacity of 366 megawatts with an investment of about 86 million euros, one of which was put into operation on August 1401 and the other on April 8, 1402. He stated: We have 732 MW of Semnan power plant and 10 MW of solar power plant, 24.5% of Sirjan power plant (or Sirjan Gohran Energy Company), which is also a combined cycle power plant of about 500 MW.(feminine) Referring to the planned development plans, Zavalan added: We are planning to convert the Semnan power plant into a combined cycle; That is, two steam units with a capacity of 2 to 160 MW (total of 320 MW steam units) will be implemented with an investment of about 280 million euros. The CEO of Poya Energy Production and Development Company noted: The steam power plant, which will take between 32 and 40 months to build, will consist of two 160 MW units, each of which needs 140 million euros of investment. Unreal prices, the reason for investors’ reluctance to participate in the energy sector He further stated: In our country, the energy carriers of electricity, gas, gasoline or diesel, as well as the infrastructure sector such as water, do not have real prices and are subject to energy subsidies or government subsidies. This has made it difficult to invest in the field of energy and the investor does not want to participate in this field. Javelan said: Over the past years, this issue has caused the amount of investment in the infrastructure and development of the electricity industry, as well as in the maintenance and updating of power plants, to face problems, and practically there is a gap between production and consumption at the peak of consumption. The CEO of Poya Energy Production and Development Company, for example, referring to August 15th, reminded: On this day, during the peak hour, we had a deficit of about 12,500 megawatts of electricity, which was diverted to industries and industrial towns to compensate for power outages. They leave, and a loss due to unprofitability or lack of production is imposed on the industries, which is a significant number and will actually reduce the gross domestic product of the country. He stated: For example, in the financial statements of 1401 Foulad Mobarakeh, there were nearly 165 million euros of non-profitable energy costs (caused by power outages, not gas). Javelan stated: Accordingly, the Mines and Metals Development Investment Company has correctly tackled this challenge and formulated a strategy and activated its energy holding (Poya Energy) in this direction, from the development of infrastructure and the creation of a new power plant, as well as the development of the power plant. Semnan supports. He continued: A memorandum of understanding was signed between the Ministry of Energy and the Ministry of Security in 1400, in which it was agreed that 10,000 megawatts of power plants would be built by the industry, the first of which was the Semnan power plant that was commissioned. He continued: According to the plan, two steam units with a capacity of 320 megawatts will be installed, also including a 10 megawatt solar power plant and a 485 megawatt dynamic combined cycle power plant in Kermanshah. Launching the green electricity hall is a positive step in the direction of investing in renewables In the following, regarding the performance of the high-level and policy-making bodies in the 13th government, Javelan stated: One of the very good events that happened in this government, especially in 1402, was the launch of the Green Electricity Hall, which was carried out from the beginning of June. He added: In this way, renewable solar power plants entered this market and can directly sell their electricity to buyers. The CEO of Poya Energy Production and Development Company said: In practice, this sector has encouraged investors to enter and invest in the field of renewable energy, because the prices are reasonable and will make the return on investment in this field more reasonable. Therefore, this matter of setting up the green electricity hall is really worthy of praise and thanks. He also criticized some decision-making and said: For example, paragraph 9 of Appendix 2 of Memorandum 60172246, which was signed on 19 Mehr 1400 between the Ministers of Security and Energy, indicates that the power plants under this memorandum are exempt from paying the difference or any other surplus. Javalan continued: Also, an executive procedure was announced on 28 Khordad 1402 by the Minister of Energy, which in paragraph 6 stated that the power plants built under this memorandum at least up to the limit of the industry tariff rate subject to Article 3 (according to Article 3 of the Law on Removing Barriers to Industry Electricity, up to the rate limit of ECA: ENERGY CONVERSION AGREEMENT, are exempted from paying the difference in the implementation of the regulations), but unfortunately, there is a deficiency in the implementation and it has not been properly implemented. He said: It was supposed that the industries that use the Semnan power plant (which is the driving force behind the Somat and Niro MoU) will not be billed to those customers, but unfortunately, contrary to this regulation, this memorandum and this executive procedure, bills have been issued to them, and now our customers are confused. are; We are pursuing this issue with the Deputy Minister of Energy and the Ministry itself so that it can be corrected and this is really a problem. He added: This is a happy and important event for us, because it has always been one of the concerns of our customers and there was this concern, but until mid-August when we were at the peak of the electricity network, consumption management was not done. We are grateful for this perspective. Javelan further stated: When visiting the IGMC site of the Iranian Electricity Network Management Company, we will realize that there is a big difference between the noon peak and the night peak of the Iranian electricity network, both in terms of production and consumption. He explained: One of the reasons that there is a difference between the production of Iran’s electricity network/the production of power plants in the afternoon peak (which is around 14:00) and the night peak (which is around 20:15 to 20:30) is that Most of the country’s power plants (i.e. Iran’s power supply portfolio) are gas and combined cycle; Gas power plants are affected by weather conditions, ambient temperature and sea level. For every 10 degrees increase in the ambient temperature, the output power of gas turbines decreases by 6%, and for every 100 meters of height above sea level, the power of gas turbines decreases by 1.2%. At night the air is cooler and therefore the power of these turbines increases. Source: Mine 24