Jordan's feed-in-tariff for renewable energy is an Arab World first

Green Prophet    Translate This Article
10 December 2012

On 10 December 2012 Green Prophet reported: Jordan is the first country in the Arab world to offer its residents an opportunity to earn money through feed-in-tariffs (FITs). The Electricity Regulatory Commission (ERC) announced last week that citizens of one of the world's most fuel-deprived nations can sell energy generated with solar panels for 120 fils per kilowatt/hour (kw/h) and wind power for 85 fils per kw/h, The Jordan Times reports. Albeit seemingly insignificant, the move is expected to mitigate the dual problems of excess energy consumption and unfulfilled demand. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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