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Energy Storage Technologies: Jordan is exploring energy storage solutions, particularly pumped-storage hydropower (PSH), with intention to establish a storage project at Al-Mujib dam before 2030. This may also present opportunities for the U.S. energy sector.
Electrical energy exchange with Egypt has been ongoing, contributing to the stabilization of the Jordanian electrical network. Agreements have been reached to increase the export capacity of the Jericho area, and negotiations for electricity supply contracts to Iraq are in progress.
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.
Electricity prices for households have risen by 27% in 2022 and diesel prices by 17%. The country's energy consumption has decreased by 2.5%/year since 2017. Oil supplies half of the total consumption. Electricity demand should grow by an average of 6.5%/year until 2030. Jordan will develop 600 MW of solar PV through the Prosperity Green project.
Get technical specifications, product datasheets, and installation guides for our industrial cabinet solutions.
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