Jordan's Energy Transformation: A Decade of Progress Towards Sustainability
Key Ideas
  • Jordan's energy sector has witnessed significant growth with investments totaling $10 billion between 1999 and 2023, including a substantial focus on renewable energy.
  • Renewables now account for 26.9% of the electricity mix, with 2,840MW of installed capacity from solar and wind power projects.
  • Efforts towards diversification have led to expanded natural gas supply, liberalization of the petroleum market, and increased domestic production of gas and oil.
  • The country is strategically prioritizing green hydrogen with a national strategy and legal framework in place, attracting international investment for green hydrogen projects.
Jordan's energy sector has undergone remarkable growth and transformation over the past two decades, with a strong focus on achieving energy independence and sustainability. Total investments in the sector have reached $10 billion, with significant contributions to renewable energy reaching $2.15 billion. By the end of 2024, renewables accounted for almost 27% of the electricity mix, a substantial increase from just 0.5% in 2014. The country's electric grid is now interconnected with Egypt, Palestine, and Iraq, fostering regional electricity exchange. Efforts to diversify energy sources have resulted in a more secure natural gas supply chain, with multiple sources including domestic production. The liberalization of the petroleum market has led to increased competition and improved fuel storage capacities. Jordan's energy strategy includes a goal to increase renewable energy share to 31% by 2030 and reduce carbon emissions by 10%. The country has made significant progress in reducing its dependency on energy imports, from 94% at the start of the millennium to 76% in 2023. Notably, Jordan is also focusing on green hydrogen as a strategic priority, attracting international partners and investments for green hydrogen projects. Additionally, the mining sector is expanding its exploration activities for minerals like copper, gold, and rare minerals while promoting digital investment platforms. Jordan's commitment to sustainability and energy security is evident in its comprehensive energy strategy.
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