Jordan has introduced an electricity law designed to encourage investment in green hydrogen and power storage projects through public-private partnerships.
This legislation, set to replace older regulations in 2024, represents a significant shift in Jordan’s energy landscape. Energy and Mineral Resources Minister Saleh Al-Kharabsheh highlighted that, for the first time, electricity distributors will be authorized to construct power storage stations. This development promises to modernize the country’s energy infrastructure by promoting innovative energy solutions.
A critical component of the new law is the permission for investors to build, own, and operate power distribution and storage facilities. This initiative aims to attract both local and international investment, leading to the creation of autonomous power distribution systems. By allowing these private systems to operate independently from the national grid, Jordan encourages diversification and resilience in its energy sector.
Focus on Green Hydrogen Projects
One of the primary goals of the new electricity law is to foster an environment conducive to green hydrogen projects. This renewable energy form is considered pivotal for sustainable development. By providing a framework that supports the establishment of independent power systems, the legislation encourages companies to explore green hydrogen as a viable energy source. This move aligns with global efforts to reduce carbon emissions and transition to cleaner energy alternatives.
The 2024 electricity law will take effect after the Jordanian cabinet grants its approval. This anticipated endorsement is expected to pave the way for rapid advancements in Jordan’s energy industry, supporting both economic growth and environmental sustainability.
