Iraq is set to dramatically expand its electricity production capacity through landmark agreements with global power giants Siemens Energy and GE Vernova, aiming to add an estimated 38,000 megawatts (MW) to the national grid—surpassing the country’s current capacity of 28,000 MW.
The Ministry of Electricity confirmed that Siemens Energy will construct new gas-fired power plants generating up to 14,000 MW using combined-cycle technology and locally sourced natural gas, including flared gas from oil operations. The agreement, signed as part of the third phase of Iraq’s strategic partnership with Siemens, also covers long-term maintenance for existing stations like Dibis Gas and Al-Mussaib Thermal.
Electricity Minister Ziyad Ali Fadel stated that Siemens’ commitment reflects its dedication to Iraq’s long-term energy security and sustainability. The German company has already completed several power units ahead of schedule, and its new projects are expected to ease summer demand pressures when peak consumption exceeds 55,000 MW.
Complementing this effort, GE Vernova signed an MoU on April 9 to develop 24,000 MW of combined-cycle gas-fired plants, in what has been described by the Prime Minister’s Office as the largest and most comprehensive power agreement in Iraq’s history. The deal also includes enhancing the efficiency of existing infrastructure through advanced technologies—without increasing fuel consumption.
These agreements are part of Iraq’s broader strategy to stabilize electricity supply, reduce reliance on imports, and transition toward cleaner energy. A separate MoU was also signed with UGT Renewables to establish a 3,000 MW solar energy project with 500 MW of battery storage, contributing to Iraq’s target of generating 12,000 MW from solar sources by 2030.
With international partnerships and long-term strategies now in motion, officials believe these initiatives will be pivotal in addressing chronic power shortages and positioning Iraq for a more sustainable and self-sufficient energy future.
Sources: IraqiNews.com, Shafaq News, Iraqi News Agency (INA)
