Major opportunities in Iraq's power sector

Conflict in the country has led to underinvestment in the power sector

The country needs an additional 10,000MW of power estimated to cost US$27 billion.
The country needs an additional 10,000MW of power estimated to cost US$27 billion.

War torn Iraq needs an additional 10,000MW of power, according to Parksons Brinckerhoff's Iraq country manager, Jeff Larkin.

In a presentation at the fourth annual Construction Week conference about working in the post-conflict country, Larkin explained that Iraq was suffering a huge power deficit due to 25 years of war and 12 years of sanctions – both of which have led to underinvestment.

Having worked on a number of power projects already, he said that the country had increased its power capacity since the 2003 levels of just 3,000MW, but was still unable to cope with a peak demand of 13,000MW.

In total, it is estimated that the country will need spend as much as US$27 billion on power projects, which officials hope to complete within six years.

"The main opportunities are in the power sector," Larkin said. "Our projects have certainly been power orientated."


 

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