Jordan's Future Energy - Greenpeace
Jordan's Future Energy - Greenpeace
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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