Energy Minister Saleh Kharabsheh highlighted the potential for collaboration in energy conservation and cross-sectoral assistance through initiatives akin to Jordan Renewable Energy and Energy Efficiency Fund (JREEEF).
Speaking at the conclusion of the “Water and Energy” project, executed under the European Neighbourhood Instrument’s Cross-Border Cooperation in the Mediterranean (ENI CBC Med) project, Kharabsheh emphasized the challenge of reducing elevated energy costs in various sectors.
He regarded EU-backed programs as beneficial platforms for knowledge exchange, partnership formation, and sustainable sectoral growth.
Kharabsheh underscored the significance of aligning with the global energy transition, emphasizing the Kingdom’s nascent experience in renewable energy.
He stated that, in cooperation with the EU, the ministry and stakeholders aim to formulate green hydrogen regulations for strategic production.
Jamal Rifai, First Deputy President of the Jordan Chamber of Commerce, outlined Jordan’s intentions to invest more in renewable and alternative energy sources to address rising electricity demand.
Esmat Karadsheh, Coordinator of the ENI CBC MED Programme Eastern Mediterranean Regional Office, disclosed that the program finances 80 projects across 13 countries, including 56 schemes related to environment and climate change in Jordan, with a combined investment of 22.5 million euros.