Energy represents one of Jordan’s key economic and strategic challenges. The issue has transformed into a political problem, with recent fuel subsidy cuts and consequent price rises sparking protests against a backdrop of regional unrest. The government is considering measures such as rolling blackouts and restrictions on driving to deal with the...
The passage of the Renewable Energy and Energy Efficiency Law (REEL) in April 2012 marked a major step towards the development of a significant renewables generation capacity in Jordan. The key change in the law was to allow investors to propose renewable energy projects to the government, rather than having to respond to government tenders (as was...
Despite bordering oil and gas powerhouses Saudi Arabia and Iraq, Jordan has traditionally been regarded as having little in the way of energy resources of its own, and the country currently remains overwhelmingly reliant on imports. This reliance has in recent years been the source of growing political, economic and strategic problems for the...
Despite being regarded as energy-resource-poor, Jordan purportedly has vast reserves of oil shale, which can be processed into synthetic crude oil or burned directly for electricity production. Extraction is comparatively expensive, but global energy prices are making production of resources economically viable, and three oil shale concessions are...
Despite holding substantial oil reserves, Kuwait is stepping up its efforts to develop alternative sources of energy. In mid-June the government announced it was inviting bids for the construction of Shagaya, a renewable energy park, as part of its plan to generate 15% of its electricity through non-oil sources by 2030.
The past several years have seen significant changes in Jordan. The state is pushing ahead with structural reforms that should provide a sound base for future development, as the economy shows signs of a brisk recovery from the difficult years it has faced in the wake of the global financial crisis.
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