What opportunities are there in the energy sector in Jordan?

Energy Technologies: Jordan is exploring energy storage solutions, which may also present opportunities for the U.S. energy sector. Technologies and services related to efficiency gains, including smart metering and grid management, may also find opportunities.

How much electricity does Jordan generate in 2022?

In 2022, the installed renewable energy capacity in Jordan reached 2.6 GW. The largest electricity generating technology in Jordan in 2022 was natural gas, generating some 74.42% of electricity, down from 78.94% in 2021. The technology with the biggest increase in electricity generation in 2022 was Solar PV at 17.52%, up from 11.25% in 2021.

How much energy will Jordan need in 2040?

According to the Ministry, electricity demand should grow by an average of 6.5%/year until 2030, to 52 TWh. The country's overall capacity should reach 8 GW in 2030 and 14 GW in 2040 (intermediate scenario). The Jordan energy market report provides expert analysis of the energy market situation in Jordan.

How much power does Jordan produce a day?

Jordan occupies a strategic location within the global sunbelt, the country enjoys roughly 316 days of sunshine each year. The daily specific photovoltaic power output ranges between 4.74 – 5.70 kWh/kWp/day with an average of 5.32 kWh/kWp/day. RE Targets: Targets Date: MW 3,200 31 31 2030 27.30

Is solar energy feasible in Jordan?

Wind energy is feasible mainly in areas overlooking the Jordan Valley and Wadi Araba. Solar energy potential is also high since many parts of the country experience 300 to 320 days of full sunshine throughout the year. Biomass energy potential is also attractive in the form of urban wastes, organic industrial wastes and animal manure.

Is Jordan a good place to invest in photovoltaic energy?

The kingdom has actively sought international partnerships and implemented investment incentives positioning it as a promising hub for international investments and initiatives in the renewable energy field. However, Jordan faces challenges and hurdles in its photovoltaic landscape.