Schneider Electric: Electricity consumption increases by 10% annually in Iraq

  • 23-11-2021, 18:23
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    The French company, Schneider Electric, confirmed today, Tuesday, that the consumption of electrical energy is increasing by 10% annually in Iraq, while it explained the details of the memorandum of understanding signed with the Ministry of Electricity.
    The Executive Vice President of International Operations for Schneider Electric, Luke Raymond, told the Iraqi News Agency (INA), that "the company has a presence in Iraq, has implemented projects and had the honor to sign an agreement of understanding with the Ministry of Electricity last year," noting: "We are present in Iraq in order to share visions in more than one sector.
    He added, "The memorandum of understanding signed with the Ministry of Electricity is to pave the way for the development of the electric power distribution network in Iraq," noting that "Schneider has the ability to provide advanced technology in various sectors."
    He added, "Schneider is a technology company that provides solutions, provides energy software, and works to sustain safe and effective energy for the Iraqi people."
    For his part, the Regional Director of Iraq, Emer Takdemir, told the Iraqi News Agency (INA), that it is "an important step to hold an innovation summit in Baghdad with the presence of many partners, and we are trying to work on advanced technology and present it for the reconstruction of Iraq," noting that "Iraq needs more energy." Electricity, because there is an annual increase of 10% on the consumption of electric energy in Iraq, and this requires great efforts to deliver electricity to all parts of Iraq and build large stations.
    The Director of the Arab and African Orient Walid Shati told the Iraqi News Agency (INA), that "the company has many projects in electricity, the Internet and digital technology, and we support Iraqi efforts," noting: "We work in gas and oil in Basra, and there are projects to expand oil discovery, and we have efforts in the electrical sector and distribute it more."