Results for Tag: Energy Mix

4 results found.
United Arab Emirates

The UAE has the world’s seventh-largest proven crude oil reserves and is one of the world’s wealthiest countries per capita. The hydrocarbon economy makes up to 80 per cent of the government’s revenue. At 525 million British thermal units (BTU) per capita, the UAE has a high level of per capita energy consumption, a result of rapid economic development, energy-intensive industries and heavy use of air conditioning in a hot climate.

Iran

With 10 per cent of the world’s oil reserves, Iran has the fourth largest oil reserves after Saudi Arabia, Venezuela and Canada. Iran played an important role in the international oil market until sanctions were first imposed in 1979 by the United States.

Jordan

The Hashemite Kingdom of Jordan is one of the most hydrocarbon-poor countries in the Middle East, with neither significant production of oil or natural gas. It relies heavily on imported oil and gas for power generation, and is currently implementing various renewable energy projects. It does, however, have large reserves of oil shale, but these have yet to be developed and there are several challenges associated with their development.

The Future of Renewable Energy in Jordan

In June 2015, Jordan launched the Shams Maan Solar Photovoltaic Project, which officials say is the largest solar energy project in the Middle East. The $170 million facility, which will cover an area of 2 million square metres and is scheduled for completion in 2016, is exIn June 2015, Jordan launched the Shams Maan Solar Photovoltaic Project, which officials say is the largest solar energy project in the Middle East. The $170 million facility, which will cover an area of 2 million square metres and is scheduled for completion in 2016, is expected to generate 160 gigawatt-hours (GWh) of energy per year, equivalent to 1 per cent of the Kingdom’s annual energy output. pected to generate 160 gigawatt-hours (GWh) of energy per year, equivalent to 1 per cent of the Kingdom’s annual energy output.