JORDAN WIND

Wind’s EROEI is positive. That means it is the future.

‘Opportunity to invest in wind energy in Jordan is more promising now’
15 June 2007 (Jordan Times via MENAFN)

WHO
World Bank (WB), The Global Environment Fund (GEF),
village sites where wind will be developed (click to enlarge)

WHAT
- Based on the promise of wind energy in Jordan, the WB is making a $92.6 million loan to the Kingdom to develop the resource and the GEF will support the project with $6.35 million.

WHEN
- World Bank statement released the week of June 11.
- The GEF was established in 1990.

WHERE
Story out of Amman.
a technical evalutation of wind's potential (EROEI) affirms its value (click to enlarge)

WHY
- The project will be developed in 4 stages, beginning with a build-operate-transfer basis. After that, it will require government support and GEF backing to eventually become commercially feasible.
- The statement recognizes significant obstacles, including Jordanian tariffs, poor infrastructure and lack of knowledge on wind energy.
- Solutions include economic planning and incentives for academic institutions to train and a Renewable Portfolio Standard (RPS) of 3% renewables by 2015.

QUOTES
- World Bank: The loan will "…create wind energy market in the Kingdom… Development [is based on a preliminary feasibility study showing that] such a project now has a promising opportunity."