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Jordan's Future Energy - Greenpeace

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Executive Summary<br />

Jordan is facing surmountable challenges in the energy sector with the rising<br />

cost of fuel and electricity. With every challenge comes an opportunity, and<br />

that is to become self-sufficient, and reliant on your own natural resources.<br />

Jordan is in fact very rich in renewable resources but, due to a lack of<br />

investment and foresight, these resources have not been exploited.<br />

Renewable energy resources - particularly solar - can technically provide<br />

sixty times more than Jordan’s electricity consumption in 2050.<br />

More important, is that the economics of solar and wind is feasible today,<br />

and with the declining cost structure of these technologies, they will be at<br />

and below cost parity with other indigenous fossil fuel based power<br />

generation. Economic modelling results show that a target of 100%<br />

renewable energy by 2050 can be attained and can lead to total<br />

accumulated savings of approximately $80 billion (or $12 billion in present<br />

value terms), while providing 30,000 new jobs.<br />

Most urgent, is that Jordan commits to a non-reversible path and vision for<br />

renewable targets, and does so by adopting the following key principles:<br />

• A commitment to a phased approach involving an investment<br />

programme that exploits the cost and technical potential of each RE<br />

technology option.<br />

• Removal of obstacles and facilitation of on-going projects as a matter<br />

of urgency and concomitant strengthening of public institutions.<br />

• Developing a national RE master plan with stakeholder buy-in engaging<br />

with the rural communities as a key cornerstone of the renewable energy<br />

programme.<br />

• Picking the lowest hanging fruit with the immediate launch of projects<br />

that eat away at the peak demand, including distributed energy projects that<br />

can yield immediate employment opportunities.<br />

• Encouraging technological innovation.<br />

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