Work underway to launch energy cost-reducing program on economic sectors: Minister

[23-12-2021 11:01 AM]

Ammon News - Chairman of the Jordan Renewable Energy and Energy Efficiency Fund (JREEEF) Board of Directors/Minister of Energy and Mineral Resources, Saleh Kharabsheh said Wednesday that work is underway to launch a national program to reduce energy costs on economic sectors and enhances their competitiveness.

In a JREEEF meeting to approve its 2022 work plan, Kharabsheh said that the program constitutes a qualitative leap in the JREEEF's work and enhances development opportunities by supporting the economic sectors.

He added that JREEEF is in the process of addressing local financing institutions and official concerned authorities to leverage opportunities and programs implemented by JREEEF in various parts of the Kingdom.

He stressed the importance of JREEEF's role in encouraging the shift towards a green economy and stimulating the private sector and strengthening its presence in these projects, the total cost of which during the past ten years amounted to about JD100 million, which are the contributions of donors, beneficiaries and JREEEF.

JREEEF board members, in turn, underlined its role in encouraging the spread of energy rationalization and renewable energy applications in various sectors. They also lauded its achievements during the past seven years and accessing various segments of society in partnership with the private sector and civil society institutions in various governorates, which contributed to the expansion of the JREEEF's programs and enable citizens to benefit from these programs.

JREEEF CEO, Rasmi Hamzeh, highlighted its achievements and programs until the end of 2021. He also underscored the its 2022 plan, with a JD22 million budget, which includes all sectors (domestic, industrial, agricultural, tourism, places of worship, schools, health centers and municipalities, in addition to energy audit and public awareness programs).

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