Jordan is one of the leading countries in the region in renewable energy (RE) adoption and clean energy growth. Solar or wind energy powers approximately 29 percent of the electricity grid and Jordan aims to reach 50 percent of electricity from renewables by 2030 through a focus on smart grid development and energy storage projects. Jordan has long-term potential for additional RE investments, enjoying an average of 316 sunny days per year, wind speeds ranging between 7 and 8.5 m/s, and large desert areas with a low population. Jordan also plans to develop a hydrogen strategy for green energy export. The market should be monitored for opportunity over the medium term.
- Renewable Energy (solar energy, wind)
- Energy storage solutions
- Hydrogen production - The Ministry of Energy and Mineral Resources (MEMR) has begun preparing a policy and regulatory framework for green hydrogen production and its derivatives.
Jordan has medium- and long-term potential as an energy producer of non-conventional and RE. The following are potential opportunities that are either in process or in the pipeline over the medium term:
- National Conveyance Project (NCP)
- The $2.9 billion project will provide 300 million cubic meters of desalinated water from the Gulf of Aqaba to Amman per year. The NCP will be implemented by early 2024 and expected to produce desalinated water by 2028. The project will include alternative energy sources to reduce carbon emissions in the project.
- Energy Storage Technologies: Jordan is exploring energy storage solutions, particularly pumped-storage hydropower (PSH), with intention to establish a storage project at Al-Mujib dam before 2030. This may also present opportunities for the U.S. energy sector.
- Natural Gas Exploration: Jordan’s energy sector is experiencing a positive trend in increasing the share of locally produced energy, including natural gas, in the overall energy mix. There are plans to increase Risha natural gas production from 18 million cubic feet per day to an ambitious target of 200 million by 2030.
- Jordan Ministry of Energy and Mineral Resources
- Jordan Energy & Minerals Regulatory Commission
- Jordan Investment Commission
- Current Status and Future Investment Potential in Renewable Energy in Jordan
- Jordan’s Energy, Water, and Environment
- Sustainability of the Energy Sector in Jordan: Challenges and Opportunities
For additional information, please contact U.S Commercial Service - Jordan at firstname.lastname@example.org