CBI News 01/03/2022

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Gold bullion and coin prices from Monday 1/3 to Thursday 5/1/2022

 

  

 January 03, 2022

 

( Citizens can review government and private banks to buy gold bars and coins )

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Gold bullion and coin prices from Monday 1/3 to Thursday 5/1/2022

the weight	Price/JD	picture/forward	Photo/Back
minted 15 g	1,418,250
minted 22 g	2,079,500
5 g ingot	444,250
slug 10 g	878,250
slug 15 g	1,320,250
slug 20 g	1,771,000
slug 25 g	2,223,250

 

[yota691]

The Central Bank issues controls for financing electricity generation systems from renewable energy

 

The logo of the Central Bank of Iraq

Expenditures Economy News - Baghdad On Monday, the Central Bank of Iraq issued controls for financing electricity generation systems from renewable energy. The Central Bank stated in a statement received by “Al-Iqtisad News”, that “the Governor of the Central Bank of Iraq, Mustafa Ghaleb, signed Al-Amam No. 1 on 1/3/2022 regarding the controls that will allow citizens and various institutions to purchase electricity systems generated from renewable energy within the resources of his initiative through banks.” . The statement added, "This initiative comes in line with the state's directions to abide by the decisions of the Paris Climate Conference, as the Central Bank launched its initiative to shift to clean energy within this framework. quality, as well as representatives of the private sector from experts and investors.

Views 57   Date Added 01/03/2022

[yota691]

 

Low gold prices in the Iraqi market

 

 2022-01-03 04:13

 

Shafaq News/ Foreign and local gold prices decreased on Monday in the Iraqi markets.

 

Shafak News Agency correspondent said that gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, recorded for one weight of 21 caliber of Gulf, Turkish and European gold, a selling price of 374 thousand dinars, and a purchase price of 370 thousand, while the gold prices recorded yesterday, Sunday, 376 thousand dinars for the weight. the one.

 

Our correspondent indicated that the selling price of one 21 carat weight of Iraqi gold also decreased at 344 thousand dinars, while the purchase price reached 340 thousand.

 

With regard to gold prices in goldsmiths’ shops, the price of selling a 21-carat Gulf gold weight ranges between 375 thousand and 380 thousand dinars, while the price of selling an Iraqi gold weight ranged between 345 thousand and 350 thousand dinars.

 

One Mithqal of gold equals five grams.

[yota691]

The Iraqi Central Bank issues controls for financing electricity generation systems from renewable energy

Central Bank of Iraq

 January 03, 2022 05:48 PM

Mubasher: The Central Bank of Iraq issued, today, Monday, controls for financing electricity generation systems from renewable energy .

Today, Monday, the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mokhif, signed circulars No. 1 regarding the controls that will allow citizens and various institutions to purchase electricity systems generated from renewable energy within the resources of his initiative through banks, according to a statement by the Central Bank.

The Central Bank explained that this initiative comes in line with the state's directions to abide by the decisions of the Paris Climate Conference, as the Central Bank launched its initiative to shift to clean energy within this framework, where a committee was formed headed by the Deputy Governor, and included in its membership representatives from the Ministries of Environment and Electricity and the Central Organization for Standardization and Quality Control. , as well as representatives of the private sector from experts and investors .

[yota691]

The Central Bank of Iraq issues controls for financing electricity generation systems from renewable energy

 

  

 January 03, 2022

 

The Central Bank of Iraq issues controls for financing electricity generation systems from renewable energy
 
     The Central Bank of Iraq issued today, Monday 3/1/2022, controls for financing electricity generation systems from renewable energy.
His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mokhif, signed Al-Amam No. 1 on 1/3/2022 regarding the controls that will allow citizens and various institutions to purchase electricity systems generated from renewable energy within the resources of his initiative through banks.
This initiative comes in line with the state’s directions to abide by the decisions of the Paris Climate Conference, as the Central Bank launched its initiative to shift to clean energy within this framework. Representatives of the private sector experts and investors.
 

                                                     
Central Bank of Iraq
   Media Office 
January 3, 2022

 

[yota691]

 

Iraq practically enters the use of solar energy.. document

 

 2022-01-06 01:37

 

Shafaq News/ The Iraqi Ministry of Environment announced, on Thursday, that the country has "practically" authorized the use of solar energy, noting that the controls for technologies in the use of these systems have been defined.

 

And she said in a statement, received by Shafak News Agency, that the committee charged with setting controls for financing electricity generation systems from renewable energy for citizens and industrial, economic, commercial and agricultural activities funded by the initiative of the Central Bank of Iraq approved financial and technical controls early this year.

 

She added that this came in line with the state's orientations to switch to the use of electricity generation sources from renewable sources, explaining that it had launched, with the Central Bank of Iraq and other state institutions, an initiative to implement the national adaptation plan for the Paris Agreement on Climate Change. 

 

The statement quoted the Director-General of the Environmental Awareness and Media Department, Amir Ali Al-Hassoun, as saying that the controls for technologies in the use of solar energy systems have been determined, which will allow citizens and various institutions to purchase them at competitive prices within the loan allocated to the initiative through local banks, indicating that the committee has established provisions and controls that guarantee Using the highest levels of technology and its sustainability through following up the standardization and quality control device, which will be installed under the supervision of specialized technical teams from the Ministry of Electricity. 

 

Al-Hassoun explained that the initiative to switch to clean energy comes in line with the government's directions to abide by the decisions of the Paris Climate Change Conference, stressing that it is one of the fruits of the awareness campaigns implemented by the department in the public and private sectors as part of its plan to raise awareness of climate change. She referred to the formation of a committee headed by the Deputy Governor of the Central Bank, with the membership of representatives from the Ministries of Environment and Electricity and the Central Organization for Standardization and Quality Control, as well as representatives of the private sector from experts and investors.

 

The Ministry of Environment presented a detailed table on the specifications and approximate prices of loans according to the size of the system, which is considered a qualitative leap in the environmental aspect and is economically feasible for what the citizen spends on purchasing energy. 

[yota691]

By 2025, Iraq seeks to produce 12,000 megawatts of clean energy

 2022/01/07

 

 26

 

Follow up / supplier news

The Energy and Radioactive Sources Control Authority confirmed, on Friday, that Iraq seeks to produce 12,000 megawatts of solar energy by the year 2025, while indicating that new contracts will be concluded in the field of solar energy .

The head of the authority, Kamal Hussein, said, in a televised statement, that "the green economy has become one of the main pillars in the world, especially after the remarkable rise in carbon emissions resulting from fossil fuels for the production of electric power and various other uses ."

Hussein explained that "the Paris Agreement of 2017 obliged countries to move towards reducing emissions," noting that "Iraq seeks to reduce these emissions, especially as it is considered one of the fragile and highly affected regions in the issue of global warming ."

He pointed out that "the green economy is intended to rely on energy sources with low carbon emissions by reducing the use of fossil fuels, such as natural energies, sun and wind, as well as nuclear energy as it is low in emissions ."

He added that "many Arab countries have moved towards entering nuclear energy, such as the UAE, which has built 4 nuclear reactors, in addition to the Kingdom of Saudi Arabia, and there is a tangible trend towards adopting large investments in the field of nuclear energy ."

He stressed that "there is a trend in Iraq towards reducing emissions through the solar energy project in 2025, as contracts have been signed with the UAE, Masdar Company and the French Total Company in this regard, as well as a set of other future contracts that will be signed with countries sponsoring solar energy ."

He added, "Iraq intends to generate 12,000 megawatts until 2025, and this will contribute significantly to reducing emissions and will support the Iraqi energy mix in the coming years ."

He explained that "the main role of the General Secretariat of the Council of Ministers is to follow up and implement the decisions issued by the Council of Ministers and ministries and implement the decisions .

 

 

[yota691]

Iraq intends to conclude new contracts in the field of solar energy

Iraq plans to generate 12,000 megawatts by 2025

 January 07 2022 03:32 PM

 

 

Mubasher: The Energy and Radioactive Sources Control Authority confirmed today, Friday, that Iraq seeks to produce 12,000 megawatts of solar energy by 2025, noting that new contracts will be concluded in the field of solar energy.

The head of the authority, Kamal Hussein, said in a statement to the Iraqi News Channel, which was followed by the Iraqi News Agency (INA): "The green economy has become one of the main pillars in the world, especially after the remarkable rise in carbon emissions resulting from fossil fuels for the production of electric power and various other uses."

Hussein explained that "the Paris Agreement of 2017 obliged countries to move towards reducing emissions," noting that "Iraq seeks to reduce these emissions, especially as it is considered one of the fragile and highly affected areas in the issue of global warming."

He pointed out that "the green economy is intended to rely on low-carbon energy sources by reducing the use of fossil fuels, such as natural energies, the sun and wind, as well as nuclear energy, being low in emissions."

He added that "many Arab countries have moved towards entering nuclear energy, such as the UAE, which has built 4 nuclear reactors, in addition to the Kingdom of Saudi Arabia, and there is a tangible trend towards adopting large investments in the field of nuclear energy."

He stressed that "there is a trend in Iraq towards reducing emissions through the solar energy project in 2025, as contracts have been signed with the UAE, Masdar Company and the French Total Company in this regard, as well as a set of other future contracts that will be signed with countries sponsoring solar energy."

He added, "Iraq intends to generate 12,000 megawatts until 2025, and this will contribute significantly to reducing emissions and will support the Iraqi energy mix in the coming years."

[DoD]

LMAO…you gotta love the positive thinking from these folks. Iraq with all the petroleum in the world still flares off millions daily because they don’t have the technology and to corrupt to hire it out. BUT in a couple of years supply the good citizens of Iraq with 12,000 megawatts of solar energy. I guess these guys are running for some political office. 
Who knows, maybe with this new government coming in they actually can stop some of the corruption and invest some of these billions of dollars back into the country’s infrastructure….

[yota691]

Energy Authority: projects to reduce carbon emissions

Saturday 08 January 2022 245

 Baghdad: Sabreen Kazem

 

The Energy and Radioactive Sources Control Authority confirmed, on Friday, that Iraq seeks to produce 12,000 megawatts of solar energy by 2025.

The head of the authority, Kamal Hussein, told Al-Iraqiya News: "There is a tendency in Iraq to reduce carbon emissions through the solar energy project in 2025, as contracts have been signed with the UAE company Masdar and France's Total in this regard, as well as a set of other future contracts."

He added, "Iraq intends to generate 12,000 megawatts until 2025, and this will contribute significantly to reducing emissions and will support the Iraqi energy mix in the coming years."

[yota691]

“Market Research” studies consumer interest in solar energy

Thursday 17 February 2022 112

 

  Baghdad: Mustafa Al-Hashemi

A research team from the Market Research and Consumer Protection Center at the University of Baghdad organized a questionnaire, which was distributed among a random sample of the community in which (446) people participated, with the aim of identifying the consumer’s opinion on the importance of generating electricity from solar energy, as a renewable energy, which will determine the need to find an alternative to conduct Changes in favor of individuals obtaining electricity from environmentally friendly sources to achieve a better life, because that energy will reduce the import of electricity and reduce the burden of subsidies on the government.

 

Electricity sufficiency

The survey confirmed that 86% of individuals do not get enough of the traditional electricity produced from (oil, gas and coal, and only 14% of individuals get a sufficient amount of electricity from electric power sources, which indicates the suffering of individuals as a result of not obtaining sufficient electrical energy). This prompts the concerned authorities to search for suitable alternatives to supplying individuals with electricity.

The questionnaire asked another question about the appropriate alternatives to supplying citizens with electricity to the survey sample about their preferences for obtaining electrical energy, from renewable energy sources (solar energy), or from traditional energy sources (oil, gas and coal)? The answers were that 89% of them prefer obtaining it from renewable energy sources, while about 11% affirmed that they prefer obtaining electricity from traditional energy sources, which confirms the need for the government to search for alternatives to alleviate the suffering of the citizen by moving towards renewable energy to achieve sustainable access to energy. Citizens on energy.

 

environmental hazards

Regarding the environmental risks arising from the use of traditional energy sources (oil, gas and coal) to produce electricity, about 99% of the respondents fully agreed that the use of traditional energy sources causes environmental risks, while only 1% of them did not agree with this opinion, and this is another reinforcement that supports the adoption On (solar energy), as an alternative, especially since Iraq possesses huge potentials of solar energy throughout the year, because it is located in the global solar belt, as every 100 km2 of western and southern deserts has the ability to produce energy equivalent to 30 million tons of oil equivalent annually using Photovoltaic panels, making Iraq an ideal place to invest in solar energy that can solve the electricity shortage in the long run.

And whether the environmental trend towards using the source of solar energy to generate electricity is a profitable matter, 98% of individuals stated that they fully agree that this is a profitable matter, while 2% of them do not agree with that, although its use contributes to reducing electricity bills in the long run. long term, as a result of rationalizing consumption.

 

Jobs

Regarding the job opportunities provided by the application of solar energy, the answers of the survey sample were about 65% of individuals agreeing with the contribution of solar energy in creating new job opportunities, and 30% of individuals were neutral, while 5% of them did not agree with this opinion, as About two-thirds of the survey sample realize that the application of solar energy contributes to creating new job opportunities for many unemployed graduates and developing small businesses

and medium.

The questionnaire discussed support for the Central Bank’s initiative to grant loans to citizens at relatively low interest rates to establish a system to generate electricity from solar energy sources. It was found that 66% of individuals do not support the Central Bank’s initiative, while 22% of individuals somewhat agreed with that initiative and 12% of individuals support This initiative, due to the difficulty of organizing the process by the individuals themselves, and the government and the private sector must have a role in establishing solar energy systems.

 

power stations

About the extent to which the state should establish plants to generate electricity from solar energy and distribute it among citizens instead of each individual setting up a private system, 92% of individuals affirmed their support for the government’s need to do so, and 7% of individuals were neutral and 1% of individuals did not agree, as we note The majority of the sample agreed that the state, as well as the private sector, should establish these systems, and it was found that the cost of solar energy is lower than the cost of traditional energy in the long run, as 80% of individuals agreed with that and 20% of them did not agree, and that the use of solar energy as a source To generate electricity leads to the rationalization of the use of conventional electric energy. 98% of the sample members fully agreed that the use of solar energy as a source of electricity generation leads to rationalization of use, and 2% of them disagreed with this opinion.

 

Recommendations and conclusion

The results of the questionnaire concluded that the government should conduct media campaigns to educate citizens about the need to rationalize electricity consumption, and encourage the use of solar energy to obtain it, as it is clean, safe, health and environmentally, and achieves significant financial savings in the long run.

remote.

The questionnaire called on the government to establish plants to generate electricity from solar energy as a source of clean energy, and to distribute it among citizens instead of each individual setting up his own system, as well as allowing the private sector to participate in electricity generation plants from the source of solar energy.

The results focused on the development of regulations and laws that allow the generation and sale of energy by independent producers (the private sector), in addition to coordinating with the National Investment Commission the need to include in contracts for the construction of investment housing complexes a clause stipulating the establishment of plants to generate electricity from renewable energy sources (panels).

solar). 

[yota691]

100,000 job opportunities in sustainable energy projects

Sunday 13 March 2022 173

 

 Baghdad: Jinan Al-Asadi

 

The Ministry of Labor and Social Affairs has developed a plan to provide 100,000 jobs in the fields of sustainable energy in Baghdad and the provinces.

The Assistant Director General of the Department of Labor and Vocational Training, Abbas Fadel Abbas, told Al-Sabah: "The plan developed by the ministry in cooperation with the Baghdad Center for Renewable and Sustainable Energy, in which the Department of Labor and Vocational Training will undertake the process of training the target groups of the project," noting that A meeting was held with a member of the Supreme Committee of the Central Bank of the Energy support Fund, Muhammad Shaker, to discuss ways of joint cooperation and the employment of a large proportion of job seekers to alleviate the phenomenon of unemployment.

 

 

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Planning reveals future directions

• Time: 04/07/2022 17:09:36
•  
• Reading: 806 times

  

{Economist: Al Furat News} The Minister of Planning, Khaled Batal Al-Najm, chaired today, Thursday, an expanded meeting of the National Initiative for Energy support and Reducing Emissions Team, which is chaired by the Minister of Environment Jassem Al Falahi, and includes in its membership representatives of the relevant ministries and government institutions, the private sector and civil society.

 

According to the ministerial statement, {Euphrates News} received a copy of it, that: "The meeting witnessed a review of the details of the national energy support initiative presented by Minister Jassem Al-Falahi, and a number of participants in the meeting presented their observations and visions regarding Iraq's energy strategy."

Al-Falahi stressed, during the meeting, that "the Ministry of Planning is working to support and encourage the transition to a multi-economy of productive sectors," stressing "and increasing reliance on renewable energy sources that contribute to reducing gas emissions and environmental pollutants that cause global warming and affect many aspects of life."

And he indicated that "our future directions are based on integrating the energy strategy within the five-year development plans and the 2030 sustainable development plan, to ensure the availability of the necessary financial allocations to implement the policies included in this strategy."

Al-Falahi continued, "including encouraging solar energy projects, diversifying clean energy sources, supporting the manufacture and import of electrical appliances, equipment, cars and environmentally friendly mechanisms with high efficiency and low energy consumption, as well as continuing the policy of thermal insulation of newly constructed buildings, and obligating all state institutions to implement Quality standards in new projects, and the necessity to meet ISO requirements.

He called on the media, to "adopt the approaches that support clean energy and reduce emissions."