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Jordan Hybrid Power Generation Plant Industry Analysis
The Hybrid Power Generation Plants industry in Jordan is still in its early stages of development, but it has shown great potential in recent years. The country has a growing demand for electricity, driven by its growing population and expanding economy. At the same time, Jordan has abundant sources of renewable energy, including wind and solar power, as well as natural gas resources. Hybrid power generation plants that combine different energy sources have emerged as an attractive option for meeting the country's energy needs while reducing its reliance on fossil fuels.
Current Scenario:
Currently, there are several hybrid power generation plants in operation in Jordan, with a combined capacity of around 260 MW. These plants typically combine natural gas and renewable energy sources, such as wind and solar power, to generate electricity. One notable example is the Tafila Wind Farm, which has a capacity of 117 MW and is the largest wind farm in the Middle East. The plant uses 38 wind turbines, each with a capacity of 3 MW, and is complemented by a 10 MW solar photovoltaic plant.
Construction of New Projects:
There are also several new hybrid power generation projects in the pipeline in Jordan. For example, the Ma'an Development Company is planning to build a hybrid power plant that combines natural gas, wind, and solar power. The plant will have a capacity of 80 MW and is expected to be operational by 2022. Another project is the Al Husainiyah Solar Power Plant, which will have a capacity of 61 MW and is expected to be completed in 2023. This plant will combine solar power with natural gas as a backup source.
Major Drivers:
The major drivers for the Hybrid Power Generation Plants industry in Jordan include the country's growing demand for electricity, the need to reduce its dependence on imported fossil fuels, and the abundance of renewable energy sources. Jordan has set a target of generating 20% of its electricity from renewable sources by 2025, and hybrid power generation plants are seen as an important tool for achieving this goal.
Industry Outlook:
The outlook for the Hybrid Power Generation Plants industry in Jordan is positive, with strong growth expected in the coming years. The government has shown a strong commitment to promoting renewable energy sources and has implemented several policies and incentives to encourage investment in the sector. Jordan has also been successful in attracting foreign investment in the renewable energy sector, and several international companies have entered into joint ventures with local partners to develop hybrid power generation projects. As a result, the industry is expected to continue growing and to play an important role in meeting the country's growing energy needs while reducing its carbon footprint.
Overall, the Hybrid Power Generation Plants industry in Jordan is poised for significant growth in the coming years, driven by the country's commitment to promoting renewable energy sources, its abundant natural resources, and its growing demand for electricity. The industry's ability to combine different energy sources in a single plant makes it an attractive option for meeting the country's energy needs while reducing its dependence on fossil fuels.
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