Amman: The Edama Association, in partnership with the Energy and Minerals Regulatory Commission, convened a consultative meeting on Monday with key stakeholders from the renewable energy sector to assess prevailing challenges and explore strategic opportunities amid evolving regional dynamics.
According to Jordan News Agency, Chair of Edama Association Duraid Mahasneh stated that the association serves as a national platform fostering structured public-private dialogue, emphasizing its role in supporting policy formulation and improving the investment climate in the energy sector. He noted that such efforts contribute to advancing sustainability objectives and strengthening energy security.
Chair of the Board of Commissioners of the Energy and Minerals Regulatory Commission Ziad Sa’aydeh remarked that the sector is undergoing a structural transformation, driven by the increasing share of renewable energy in the national electricity mix. This shift reflects the effectiveness of policies aimed at attracting high-value investments in clean energy.
On energy security, Sa’aydeh explained that the Kingdom maintains a strategic reserve sufficient to meet domestic demand, with fuel stations required to sustain minimum reserve levels of no less than 40 percent. He added that the commission continues to monitor the readiness of the petroleum derivatives system and implement a comprehensive distribution framework to ensure an uninterrupted supply across sectors.
He indicated that regional developments have driven up energy sector costs by approximately JD100 million per month since the onset of the regional crisis. However, he stressed that electricity tariff adjustments are not currently under consideration.
On the regulatory front, Sa’aydeh noted that the commission has reached advanced stages in developing a legislative framework governing energy storage systems. This framework is aligned with international best practices and aimed at enabling quality investments in the segment.
Private sector representatives highlighted the critical role of energy storage technologies in enhancing grid efficiency and facilitating greater integration of renewable energy, expressing readiness to invest once the regulatory framework is finalized.
The meeting concluded with a call to institutionalize ongoing dialogue between public and private stakeholders to bolster sector resilience, enhance adaptability to regional developments, and reinforce long-term sustainability and operational efficiency.