Market Report, "Iran Power Report Q4 2012", Published
BMI View: Plans to develop Iran's nuclear capacity are central to the country's power industry and its ability to meet its energy requirements. Given huge international resistance, there is no certainty of continuing nuclear availability, let alone additional reactors. Efforts to halt the nuclear programme will persist and sanctions will make it hard to maintain a high level of investment. Iran would benefit from more rapid development of its renewables potential as a means of reducing oil and gas dependency.
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