By JT – Dec 04,2024
AMMAN — Representing the conference chair, Minister of Energy and Mineral Resources Saleh Kharabsheh, Secretary-General Amani Azzam on Wednesday inaugurated the ministerial meeting on the second day of the Energy Charter Treaty Conference in Brussels.
Addressing delegates from 30 member states and observers, Azzam emphasised the urgency of advancing a sustainable energy future, according to an Energy Ministry statement.
She also highlighted the pivotal role of the modernised Energy Charter Treaty in protecting investments and offering crucial guarantees to investors in clean energy technologies.
Azzam called for leveraging the treaty to create a stable and predictable investment climate that fosters green growth.
She also showcased Jordan’s impressive renewable energy milestones, noting that contributions from solar and wind energy rose from less than 1 per cent in 2014 to nearly 27 per cent in 2024, with plans to surpass 30 per cent by 2030.
The growth is supported by advancements in electricity storage technologies, including a hydroelectric storage project designed to optimise renewable energy management, she added.
Highlighting Jordan’s green hydrogen ambitions, Azzam announced plans to produce up to 0.6 million tonnes annually by 2030, scaling up to 3.4 million tonnes by 2050.
She also outlined efforts to enhance electric transport infrastructure and expand regional power connectivity to establish a sustainable and efficient energy system.
Azzam stressed the importance of regional and international cooperation in addressing climate change, citing COP29’s outcomes, which underscored the need for accelerated transitions to sustainable energy systems.
The conference’s second day featured the release of the 2024 Energy Investment Risk Assessment Report, the Energy Charter Awards ceremony, and a session of the Energy Charter Industry Advisory Committee.
Discussions focused on reducing investment risks in clean energy technologies, protecting investments under the updated treaty, and resolving energy transition disputes within its framework.
http://www.jordantimes.com/news/local/jordan-calls-sustainable-investments-clean-energy-charter-treaty-conference
Jordan chairs Energy Charter Conference in Brussels – Jordan Times
Conference calls for enhanced cooperation to achieve energy security, sustainability goals
By JT – Dec 03,2024
AMMAN — The Ministry of Energy and Mineral Resources on Tuesday chaired the “Energy Charter Conference,” held in Brussels.
In her opening speech on behalf of Minister of Energy and Mineral Resources and conference chair Saleh Kharabsheh, the ministry’s Secretary-General Amani Azzam said that the “Energy Charter Treaty” offers a comprehensive framework aimed to protect investments, facilitate energy trade, and provide fair dispute resolution mechanisms.
Azzam highlighted the importance of promoting sustainable energy practices and fostering cooperation among member states to enhance energy security, stressing that adhering to the charter’s principles is crucial for shaping the future energy landscape of participating nations, according to the Jordan News Agency, Petra.
She also noted the significance of the conference discussions in ensuring a sustainable energy future, emphasising the collective effort needed to modernise the charter to better guide energy cooperation and investment strategies in a rapidly evolving global environment.
Azzam urged participants to acknowledge the vital role energy plays in economies and daily life, especially amid current international challenges.
She also called for a shared responsibility to tackle these issues, leveraging collective knowledge and resources to ensure energy security, sustainability, and innovation in clean energy technologies.
Azzam also highlighted Jordan’s progress in energy transition, noting the country’s proactive steps in diversifying its energy sources with a focus on renewable energy.
She also pointed to Jordan’s success in developing solar and wind energy projects, positioning the Kingdom as a regional leader in renewable energy production.
Azzam also said that the progress supports economic growth, job creation, and a greener future.
She also outlined the meeting’s objectives, which include endorsing proposals to modernise the Energy Charter Treaty and establishing stronger frameworks for energy security, investment protection, and sustainable development, with a focus on transitioning to renewable energy.
http://www.jordantimes.com/news/local/jordan-chairs-energy-charter-conference-brussels
link to the ENERGY CHARTER website:
https://www.energycharter.org/process/overview/