Iran has proposed the creation of an energy consortium among members of the Shanghai Cooperation Organisation (SCO) aimed at improving coordination of energy supply and demand across the bloc.
Iranian deputy energy minister Mostafa Rajabi said the proposal, including a draft statute for the consortium, was submitted to member states during a meeting of SCO energy ministers in Moscow and could be considered at the organisation’s next leaders’ summit.
Rajabi also called for the synchronisation of electricity grids among SCO members as a way to address power shortages and strengthen regional energy cooperation.
He said Iran had previously raised the idea in 2024 and that member states had responded positively to a draft framework.
The official added that Tehran is seeking to expand cooperation through regional electricity markets, smart-grid projects and cross-border energy links, while continuing to diversify its own energy mix through a major solar expansion programme and increased nuclear power generation.
