Economic Development in Iraq Requires Energy Transition

Energy production gap in Iraq likely to increase, reinforcing the transition to renewable sources (AP)

Iraq is one of the world’s largest energy exporters and has the potential to be a reliable global source for energy production and distribution, according to the Managing Director of Siemens Energy in the Middle East Dietmar Siersdorfer.

The Middle Eastern country, however, faces many challenges to secure energy at the local level and in many areas at the state level.