Page 6 - Annual Report 2022

6 Power Market Annual Report 1400

Executive Summary

This report presents a brief introductory and key facts of IREMA performance.
The following points draw an overview on the IREMA statistics:
• The total wholesale cost of load serving during the fiscal year was about 344,277 Billion Rials
that manifests 5.44 percent of growth with respect to the previous year.
• The total traded energy volume in the day ahead market was 296,130 GWh.
• The total traded energy volume in the intraday market was 2,359 GWh.
• Out of market trades was 40,342 GWh that represent 47 percent of growth in comparision with
previous fiscal year.
• The total energy produced by the hydro-power plants decreased by 30.23 percent with respect
to the last fiscal year.
• The gas fuel had the greatest contribution in the fuel portfolio of the thermal power plants.
• Frequency control forms the main remuneration stream among the ancillary services. The to-
tal revenue of the power plants from providing the frequency control services was 4,971 Billion
Rials during the fiscal year that represents 17.86 percent of decrease with respect to the last year.