Iraq is facing multiple challenges for harnessing the indigenous energy resources and devising rational energy policy. The recent dramatic fall of oil prices, Iraq’s economic and politicalIraq is facing multiple challenges for harnessing the indigenous energy resources and devising rational energy policy. The recent dramatic fall of oil prices, Iraq’s economic and political shambles, the corona virus (COVID-19) epidemic and the huge expected deficit in the 2020 federal budget are making the task of tackling the electricity shortage more challenging than ever. Unless the government plans to keep the costs down, reform the electricity tariff, and restructure the electricity sector, it is unlikely the power shortage will be solved anytime in the future.
