Supporting Iran in implementation of an integrated energy efficiency market
As of: November 2020
The project will support Iran’s Vice-Presidency for Science and Technology to implement an integrated energy efficiency market in practice. For that purpose the specific form of EPC will be used in accordance with the above mentioned Article 12. For implementation of Article 12 an efficient implementation mechanism will be developed in order to lower transaction costs for potential investors. In addition, the project aims at testing this approach in practice by developing the huge energy efficiency potential in the country in two main areas: the gas sector with special focus on the Pars Special Economic Energy Zone (PSEEZ) in Assaluyeh and the sustainable energy supply in a selected rural pilot area. If necessary, the contracting mechanism will be adjusted in order to become the corner stone of the integrated market for energy efficiency in Iran. The functioning mechanism would support the implementation Iran’s NDC and raising its ambition.