Iraq electricity deals are gaining momentum as the country moves to overcome long-standing energy shortages. On Wednesday, Turkiye’s Karpowership announced it will provide Iraq with 590 megawatts of electricity through two floating power plants. The plants will dock at Khor al-Zubair and Umm Qasr in Basra Province within a month. The deal comes under a 71-day contract signed with Iraq’s Ministry of Electricity and the state power company.
Meanwhile, Egypt plans to export up to 2,000 megawatts of electricity to Iraq, Syria, and Lebanon. The power will travel via a new subsea link connecting Egypt with Jordan. Currently, the existing Egypt-Jordan interconnection handles 500 megawatts. Authorities aim to quadruple this capacity by 2029. The new line will run from Taba in Sinai to Aqaba, with construction expected to take 30 months after feasibility studies are completed.
Iraq continues to experience chronic power shortages, especially during peak demand periods when the gap between supply and need exceeds 8,000 megawatts. These deficits have forced Baghdad to rely heavily on Iranian gas and electricity. However, frequent disruptions have made it clear that Iraq must diversify its energy sources.
In addition to deals with Turkiye and Egypt, Iraq is negotiating alternative supplies with Jordan, Gulf states, and international energy firms. Renewable energy projects are also in development but remain in the early stages. Analysts suggest that expanding imports and modernizing domestic production will be key to stabilizing the electricity grid.
Government officials emphasize that Iraq electricity deals with multiple partners are essential for economic stability and daily life. Citizens expect more consistent power supply in homes and industries. By combining regional imports with local projects, Iraq aims to reduce outages and enhance energy security.
As Iraq electricity deals continue to progress, experts predict a gradual improvement in the national grid. Turkiye’s floating plants and Egypt’s subsea exports are expected to provide immediate relief, while longer-term projects and regional partnerships promise a more resilient electricity network.
