Renewable Energy Investment in Jordan

Jordan has tremendous wind, solar and biomass energy potential which can only be realized by large-scale investments. In 2007, the Government of Jordan developed an integrated and comprehensive Energy Master Plan. Renewable energy accounted for only 1% of the energy consumption in Jordan in 2007. However, ambitious targets have been set in the Master Plan to raise the share to 7% in 2015 and 10% in 2020.  This transition from conventional fuels to renewable energy resources will require capital investments, technology transfer and human resources development, through a package of investments estimated at US $ 1.4 – 2.2 billion. The … Continue reading

Energy Perspectives for Jordan

The Hashemite Kingdom of Jordan is an emerging and stable economy in the Middle East. Jordan has almost no indigenous energy resources as domestic natural gas covers merely 3% of the Kingdom’s energy needs. The country is dependent on oil imports from neighbouring countries to meet its energy requirements. Energy import costs create a financial burden on the national economy and Jordan had to spend almost 20% of its GDP on the purchase of energy in 2008. In Jordan, electricity is mainly generated by burning imported natural gas and oil. The price of electricity for Jordanians is dependent on price … Continue reading

Clean Energy Resources in Jordan

The Hashemite Kingdom of Jordan is heavily dependent on oil imports from neighbouring countries to meet its energy requirements. The huge cost associated with energy imports creates a financial burden on the national economy and Jordan had to spend almost 20% of its GDP on the purchase of energy in 2008. Electricity demand is growing rapidly, and the Jordanian government has been seeking ways to attract foreign investment to fund additional capacity. In 2008, the demand for electricity in Jordan was 2,260 MW, which is expected to rise to 5,770 MW by 2020. Therefore, provision of reliable and clean energy … Continue reading

Renewable Energy in Jordan

Renewable energy systems have been used in Jordan since early 1970s. Infact, Jordan has been a pioneer in renewable energy promotion in the Middle East with its first wind power pilot project in Al-Ibrahemiya as early as 1988. In the recent past, Jordan has witnessed a surge in initiatives to generate power from renewable resources with financial and technical backing from the government, international agencies and foreign donors. However, renewable energy remains largely untapped due to high cost associated with non-conventional energy resources and relatively cheap availability of oil and natural gas.  Wind energy is feasible mainly in areas overlooking … Continue reading