Jordan Renewable Energy Law & Energy Efficiency Fund

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Presentation transcript:

Jordan Renewable Energy Law & Energy Efficiency Fund ________________________________ Ziad Jebril Sabra Ministry of Energy and Mineral Resources Renewable Energy and Energy Efficiency Forum 7th June 2010 - Amman

Energy Demand Jordan witnesses high growth of energy demand Period Electricity Demand Growth (%) Primary Energy Demand Growth (%) (2008-2020) 7.4 5.5 Electricity Generated Capacity to Meet Future Demand. Growth of Primary Energy Demand 5.5% هناك عدد من المتغيرات الأساسية التي طرأت على قطاع الطاقة خلال السنوات الثلاث الأخيرة مما استوجب مراجعة وتحديث الإستراتيجية الشاملة لقطاع الطاقة المقرة في عام 2004 :- نمو الطلب على الطاقة الأولية والطاقة الكهربائية فاق التوقعات بشكل كبير حيث كان معدل النمو في الطلب على الطاقة الأولية للفترة (2007-2020) حسب الإٍستراتيجية المعدة في عام 2004 هو 3.4% وللطاقة الكهربائية 4.6% في حين بلغت نسبة النمو الفعلية في الطلب على الطاقة الأولية للسنوات الثلاث الماضية حوالي 7.2% وللطاقة الكهربائية 8.9% . وأظهرت نتائج حسابات التوقعات الجديدة لغايات تحديث الإستراتيجية أن معدلات النمو للسنوات (2007-2020) ستكون بحدود %5.5 للطاقة الأولية و 7.4 % للطاقة الكهربائية وذلك حسب السيناريو المتوسط، . سيصل الطلب على الطاقة الأولية في عام 2020 حوالي 15 مليون طن مكافىء نفط مقابل 7.6 مليون طن مكافىء نفط في عام 2007. ستصل الإستطاعة الكهربائية في عام 2020 إلى حوالي 5770 م.واط مقابل 2100 م.واط في عام 2007، ولمواجهة الطلب على الطاقة الكهربائية فان الإستطاعة التوليدية الإضافية المطلوبة للفترة (2007-2020) ستكون بحدود 4100 م.واط أي ما معدله 300 م.واط سنوياً. والشكلان التالييان يبينان توقعات الطلب على الطاقة الأولية لثلاث سيناريوهات ( الطلب المنخفض بنسبة نمو 4.5% ، الطلب المتوسط 5.5% والطلب المرتفع 6.2%). و احتياجات النظام الكهربائي الأردني من الإستطاعة التوليدية المطلوبة خلال فترة الدراسة (السيناريو المنخفض 5295 م.واط ، السيناريو المتوسط 5770 م.واط ، السيناريو المرتفع 6140 م.واط ) . The additional generated capacity needed up to 2020 is 4000 MW, an average of 300 MW per year. The expected demand for primary energy amounts is 15 million tons of oil equivalent in 2020 compared to 7.5 million tons of oil equivalent in 2008.

Jordan’s Energy Strategy for 2020. The Energy Mix in Jordan (2008 – 2020) Imported Electricity 1% Renewable 2% 2008 Oil Products 61% N. Gas 36% Domestic Resources 4%, Imported 96% Imported Electricity 2% Oil Shale 11% Renewable7% 2015 Imported Electricity 1% Renewable 10% Oil Shale 14% Nuclear 6% 2020 Oil Products 40% Oil Products 51% N. Gas 29% N. Gas 29% Domestic Resources 39%, Imported 61% Domestic Resources 25%, Imported 75%

According to the Master Plan the required investment in the energy sector is around $14-18 billion over the period ( 2008-2020) Oil Shale Exploration $1400-3800 mm Energy Efficiency $80-150 mm Oil Sector $3400 mm Renewable Energy $1400-2100 mm Power Sector $4800-5800mm Natural Gas $2400 mm

Renewable Energy Targets: Promoting the Renewable Energy Source to share 7% in the primary energy mix in 2015 , and 10% in 2020 :- 600 - 1000 MW Wind Energy. 300 - 600 MW Solar Energy. 30 - 50 MW Waste to Energy.

Renewable Energy and Energy Efficiency Law Main Goals Provide a legal mandate for the government and a regulatory framework for RE and EE development. Encourage private-sector investment in RE. Diversify energy sources in Jordan. Reduce greenhouse gases. Develop in-country expertise related to RE and EE

Main Articles Creates a registry of renewable energy sites Tendering of RE Projects Obligation to purchase renewable energy Interconnection and Licensing Incentives Allow for the so-called “Net Metering”

Establishing a Renewable Energy & Energy Efficiency Fund: Allows for Bylaws to be issued for EE measures in different sectors.

Fund Structure Grants Debt Annual Budget allocations Equity Funds Donors Government of Jordan Capital Markets Sources of funding CER Charge GEF EC Other AFD Budget Grants Debt Annual Budget allocations Equity Funds Types of funding Banks RE Subsidy Window RE and EE Interest Subsidy Window EE and RE Guarantee Window Studies and TC Window Equity Window Jordan Renewable Energy and Energy Efficiency Fund Lending

Advantages of the Proposed Approach Administrative independence Government commitment Participation of public and private sectors Ability to achieve a ‘rolling start’ Flexibility in product management Institutional Arrangements (RE Law)

Thank You