Iran Isn’t Building a Civilian Nuclear Program
Iran has some of the cheapest electricity prices in the world. The average cost of electricity in the United States per kilowatt hour is $0.181. In Iran it’s $0.004. A country where electricity is vastly cheaper than America isn’t looking to lower power costs. Iran joins Libya, Kuwait, Iraq, Oman, Qatar and other oil-rich countries as having some of the cheapest electricity prices in the world. Countries with vast energy reserves and production don’t need nuclear energy the way that Germany or France, which depend on imports, do. Saudi Arabia, with $0.053 electricity, did not begin pursuing a nuclear program because it needed to lower its energy costs. Neither did the UAE. The Saudis and Emiratis became interested in developing a “civilian” nuclear program only as Iran’s nuclear program took off. If Iran were developing a nuclear program to lower energy costs, it would have long ago dropped the program after sanctions cost its economy an estimated $1 trillion. Losing $1 trillion to sh...