2,582 MW of new thermal power capacity came online over the past year with 1.4 billion euros of investment

The deputy for planning and management development at Iran's Thermal Power Plants Holding Company said on Saturday 1 August 2026 (10 Mordad 1405) that a total of 2,582 MW of new thermal generation capacity has come online over the past year, with investment of 1.4 billion euros.

Thermal plants account for the bulk of Iran's electricity generation, and adding capacity to them is one of the government's main levers for reducing the power imbalance, a shortfall that in the hot months leads to consumption limits on industry and therefore to lower output at listed companies.

The announcement came alongside parliament's push against unauthorised crypto miners, which the electricity committee of the parliamentary energy commission estimates consume about 2,000 MW of national power capacity.