Jordan's Future Energy - Greenpeace

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Figure 9 A Proposed RE Investment Program Needed to meet the 100% RE Target by 2050 (used in the economic model). Figure 10 Scenarios for Adoption of RE Technologies Figure 11 Projections for the LCOE used in the economic model ($/kWh) 16
The results clearly indicate that Jordan can see immediate savings from renewable energy projects that will continue into the future. A more aggressive implementation schedule is feasible (as shown in figure 12 below), wherein the cost of energy from conventional energy is projected to be higher in comparison to the stipulated scenario that would attain a 100% RE target by 2050. Up until 2017, there will be no noticeable savings. Beyond that, and up till 2050, the total accumulated savings from such a programme may amount to $80 billion (or $12 billion in present value terms). Figure 12 Cost of Electricity under the 100% RE by 2050 scenario (Expressed in present value at a discount rate of 8%) The proposed energy mix and capacity additional plan would prioritise the development of PV projects, particularly distributed and community based projects, and see the initiation of pilot CSP projects on the near term horizon. Establishing Jordan as a leader and an innovator in technology, not only to satisfy its own needs, but also as a base for export-oriented business will be a key by-product of the strategy. It is clear from examples in Germany, the US and China that RE stimulates job creation and economic development and that Jordan’s labour force - particularly the expatriates and export-oriented small and medium enterprises (SMEs) working in the GCC countries - will benefit from the Jordanian experience. In addition, a reduced reliance on imported fuels will alleviate the burden on foreign currency reserves, while improving energy security and contributing to improving the GDP of the country. It is important to note that the economic model above does not take carbon credits into account due to the difficulty in assigning a value to the same. 17
Page 2 and 3: Mediterranean Jordan’s Future Ene
Page 4 and 5: Introduction Jordan has abundant re
Page 6 and 7: The Renewable Energy and Efficiency
Page 8 and 9: Present and Future Cost Projections
Page 10 and 11: PV Cost and Economics The cost of p
Page 12 and 13: Accordingly, it can be concluded th
Page 14 and 15: Wind Economics and Cost While Jorda
Page 16 and 17: Figure 8 Projection of RE share up
Page 20 and 21: 2.Removal of obstacles and facilita
Page 22 and 23: 4.A national RE master plan The rat
Page 24 and 25: PV is an excellent energy efficienc
Page 26 and 27: Conclusions Jordan has significant
Page 28 and 29: Jordan’s Nuclear Power Plans 26
Page 30 and 31: Executive summary Jordan’s nuclea
Page 32 and 33: 1.Introduction This paper examines
Page 34 and 35: 3.The technologies 3.1 Atmea1 techn
Page 36 and 37: The Atmea web-site vendor bills it
Page 38 and 39: 3.2.3 ACPR1000 The most potentially
Page 40 and 41: 3.3.3 AES-2006 technology This tech
Page 42 and 43: There are three main elements that
Page 44 and 45: For Jordan, with no experience of c
Page 46 and 47: 4.1.3 Implications for economics fo
Page 48 and 49: In the US, the government assumed t
Page 50 and 51: 4.2.1 Implications for finance for
Page 52 and 53: 4.4 Cooling water One of the partic
Page 54 and 55: Jordan has limited international in
Page 56 and 57: 5. Conclusions By many criteria the
Page 58 and 59: References Roussely, F.,2010.‘Fut
Page 60: Jordan’s Renewable Energy Future

Jordan's Future Energy - Greenpeace

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