Iran has massive gas reserves and much cheaper power than we do. Iran has some of the cheapest electricity prices in the world. The average cost of electricity in the United States per kilowatt hour is $0.181. A country where electricity is vastly cheaper than in America isn't looking to lower power costs.
Iran joins Libya, Kuwait, Iraq, Oman, Qatar and other oil-rich countries as having some of the cheapest electricity prices in the world. Countries with vast energy reserves and production don’t need nuclear energy the way that Germany or France, which depend on imports, do.
Iran joins Libya, Kuwait, Iraq, Oman, Qatar and other oil-rich countries as having some of the cheapest electricity prices in the world. Countries with vast energy reserves and production don’t need nuclear energy the way that Germany or France, which depend on imports, do.
Saudi Arabia, with $0.053 electricity, did not begin pursuing a nuclear program because it needed to lower its energy costs. Neither did the United Arab Emirates. The Saudis and Emiratis became interested in developing a “civilian” nuclear program only as Iran’s nuclear program took off. If Iran were developing a nuclear program to lower energy costs, it would have long ago dropped the program after sanctions cost its economy an estimated $1 trillion. Losing $1 trillion to shave a few more fractions of a cent off the average cost of a kilowatt makes no sense.
Iran is not interested in peaceful applications of nuclear energy, but in nuclear weapons. That’s why it’s been willing to lose $1 trillion and go to war to protect its nuclear program. Despite these obvious, common-sense facts, the Obama administration and some figures in the current administration insist on pretending that a deal can be made to keep Iran’s nuclear program peaceful. The idea is just as false in 2025 as it was in 2015 when Obama pushed his Iran deal. Consider Iran’s Bushehr nuclear power plant. Under construction since the ’90s, its 1,000 megawatts is a drop in the bucket compared to the billions spent constructing it. (Iran has variously claimed to have spent either $1.7 billion or $4 billion on the plant.) (Read More)
