Jordan Wind Energy Outlook Update
Jordan lacks natural resources such as coal reserves, commercially viable oil deposits, and natural gas, meaning that it must depend on imported fossil fuel for power generation. The Ministry of Energy and Mineral Resources (MEMR) is the apex body for the energy sector. In 2005, the National Energy Efficiency Strategy came into play, aiming to reduce dependence on imported products and boost renewable energy infrastructure through 600-1,000 Megawatts (MW) of wind energy, 300-600 MW of solar energy, and 30-50 MW of energy from waste. The Renewable Energy & Energy Efficiency Law, which came into force in 2010, further increased focus and investment.
The country has set technology-specific targets by 2020: 1,200 MW of wind energy, 300 MW of solar Photovoltaic (PV), and 300 MW of Concentrated Solar Power (CSP). To achieve these targets, it introduced the Jordan Renewable Energy and Efficiency Fund to promote energy-saving programs and renewable energy initiatives. It is financed by the government and international development aid agencies such as the World Bank and the French Development Agency (Agence Fran'aise de D'veloppement, AFD).
Jordan is also exploiting its wind power potential, with wind speeds of 7.5 meters per second (m/s) recorded in northern and western areas, and 11.5 m/s in hilly areas. Five upcoming projects are expected to come online in Ma'an and Aqaba in the future, while currently active projects include the 117 MW Tafila wind farm, the 1.13 MW Hofa wind farm, and the 0.32 MW l-Ibrhymia wind farm. Tafila was Jordan's first utility-scale wind farm project. It became operational on September 20, 2015 after receiving funding of more than $220m from a number of international sources, such as the International Finance Corporation (IFC), European Investment Bank (EIB), Eksport Kredit Fonden (EKF), OPEC Fund for International Development (OFID), Dutch Development Bank (FMO), Europe Arab Bank, and the Capital Bank of Jordan (CAP).
The report includes an update on wind power regulatory framework, upcoming projects and major deals.
Reasons To Buy
The report gives an update on the country's wind energy sector.
Helps in understanding the growth trajectory of wind power in the country
Gain insights into the country's wind power policies and regulations
Identify investment opportunities through upcoming wind energy projects
Identify major deals and investments made in the wind energy sector during 2013-2015
1 Table of Contents
1 Table of Contents 1
1.1 List of Tables 1
2 Summary 2
3 Jordan Wind Energy Outlook Update 2
3.1 Wind Energy Policy Framework 2
3.2 Investment Trends in the Wind Energy Sector 3
3.3 Upcoming Projects 4
4 Appendix 5
4.1 Abbreviations 5
4.2 Bibliography 5
4.3 Methodology 5
4.4 Contact Us 7
4.5 Disclaimer 7
1.1 List of Tables
Table 1: Wind Power Market, Jordan, Deals, 2013-2014 4
Table 2: Wind Power Market, Jordan, Upcoming Wind Power Projects, 2015 4
Table 3: Abbreviations 5
Single User License:
Corporate User License:
Korea Electric Power Corporation
POSCO Engineering & Construction
EL Sewedy Electric Company
Jordan Wind Power Company
Jordan, Wind, Capacity, Generation, Energy, Renewable, Wind farm, Power, Feed-in Tariffs, Projects, Upcoming, Deal, Investment
select a license
NEWSLETTER BY CATEGORY
Coherent, high-quality, thoroughly-researched reports. We received a very quick response to all our queries which eventually expedited the entire process.... "VP Innovation, Engineered Profiles LLC"
Well structured, the insights they shared with us were very helpful and reliable. Their timely assistance make their services invaluable to us. I would highly recommend them and would definitely use them again in the future if needed... "President, VPP E-Data Services, VPP E-Data Services"
The report sent to us was on the point, and its information was quite extensive, well structured, and well researched. More importantly what we valued was your response time and professionalism. As a leading global consulting firm, our clients expect high quality deliverables in short periods of time, so a reliable research partner is essential. For the price that you have charged the quality of your services were exceptional. We look forward to continue our relationship with your team on future engagements.... "Senior Associate, Booz Allen Hamilton"
This is with regards to your report on India PVC pipes and fitting market outlook industry outlook to 2019. This is a very well written report and accept my compliments on the same.... ... "Mohit Mittal, Consultant, KPMG Advisory Services"
I am pleased to see the very useful and productive information in the report..Very well structured great presentation reflect professionalism in your research studies.... "Mustafa Masood, Financial Analyst , Coldwell Banker Riyadh"