GE, the world's largest technology company, has unveiled an extensive "Energy Transition Plan" for Iraq, outlining its innovative initiatives to help the country transition to a cleaner energy future.
The strategy is built around four major pillars that support the government's goals of improving Iraq's electricity infrastructure and promoting decarbonization and energy sector diversification.
The Rebuild Iraq event in Baghdad, a high-level summit held in close collaboration with the Prime Minister's Office and Iraq's National Investment Commission, announced the Energy Transition Plan.
Dr Abdurrahman Khalidi, Chief Technology Officer of GE Gas Power (EMEA) said: "We have continuously focused on supporting Iraq’s power infrastructure development through end-to-end solutions – from securing financing to delivering cutting-edge technology."
"It is now important to step up the drive toward cleaner energy systems that bring a triple advantage to the country: deployment of diversified energy sources to meet growing demand; achieving decarbonization commitments through the deployment of more efficient gas power and renewable energy sources; and setting a stable platform for safe, reliable, and cleaner energy for the future," stated Khalidi.
"This is the guiding strategy for our ‘Energy Transition Plan’ for Iraq and is the most comprehensive approach, covering all potential solutions the country can leverage," he added.
It provides a smart mix of tailored technology and solutions for decarbonization across Iraq's unique energy terrain.
From world-record-holding high-efficiency gas turbines to upgrade solutions to fast and flexible aeroderivatives, GE’s team of global and local experts can make decarbonization a reality for Iraq.
According to GE, several key pillars are part of the plan to help unlock opportunities and secure a cleaner energy future for the people of Iraq.
When deployed as a strategic priority, GE solutions can help Iraq fulfil its goals of reducing greenhouse gas emissions and speeding up the country's decarbonization path while also meeting rising electricity demand.