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In 2021, the majority of Iraq's electricity consumption was attributed to the residential sector, which used 65. 6%, and industrial activities at 11. . This government gridlock delayed key legislation, the passing of an annual budget, and financing for major energy projects by the government and foreign investors. of total generation Electricity production tends to closely match. . - Iraq's Energy & Climate Policy Framework: Iraq aims for 33% renewable energy in its power mix by 2030, with the Ministry of Electricity overseeing sector modernisation. The oil-dependent economy is diversifying under the Integrated National Energy Strategy (INES), while OPEC+ agreements cap. . Iraq's power generation paradox is striking: In one of the world's most oil- and gas-rich countries, the government has consistently struggled to provide dependable electricity to homes and businesses. Reliable power supply has been elusive for over three decades, with shortfalls beginning in the. . 1. Its share of wind and solar (0.