Jordan is considering raising its renewable energy targets by the end of the year or early 2024, according to Energy Minister Saleh Kharabsheh.
The country is approaching its 2030 goal of having renewable energy account for 30% of its energy mix, currently standing at around 27%. Kharabsheh announced plans to unveil Jordan’s green hydrogen strategy, including targets for 2030 and beyond.
He anticipates the production of 500,000 to 600,000 tons of green hydrogen before 2030, with preliminary agreements expected to be signed in the coming months with companies from various countries.
Jordan also aims to increase natural gas production from its Risha field and expand domestic natural gas use. Kharabsheh noted that local fuel prices are linked to international energy prices and consider the current oil prices as relatively high, suggesting a fair price range of $72 to $80 per barrel.