Key Market Indicators
Iraqi renewable energy generation is poised for significant growth, projected to reach approximately 0.7 Terawatt-hours by 2028. This marks an increase from the current 0.5 Terawatt-hours recorded in 2023. The sector is expected to expand at an average annual rate of nearly 5% over the next five years. This growth trajectory follows a trend observed since 2018, with Iraqi renewable energy supply increasing by over 5% each year. The steady rise underscores Iraq's commitment to enhancing its renewable energy capacity, contributing to a more sustainable energy future.
