Jordan is planning to shift its energy mix to include seven per cent from renewable resources by 2015, with the aim of increasing this share to 10 per cent by 2020, said the organisers of an upcoming energy summit in Amman.

Jordan Energy Summit will take place at the Le Meridien Amman on October 10 and 11.

“We believe that starting the process to reshape Jordan's strategic energy policy to that which involves more renewable energy sources is highly important,” said Dr Khaled Toukan, Jordan's Energy Minister.

“We look forward to meeting regional and international investors and experts to discuss renewable energy, its challenges and solutions, and have Jordan lead the way regionally to a new phase of secure and renewable energy.”

With its energy requirements set to increase seven percent per year, government and private organisations are on the hunt for alternative energy re-sources, a topic that will be high on the agenda of the forum.

“Private companies are showing a keen interest in renewable energy projects with over 55 companies submitting proposals to the government to build renewable energy projects on private land,” said Hanna Zaghloul, chief executive officer, Kawar Energy, who will be presenting on the complexity of photovoltaic technology at the summit.

“Outside investors will play a vital role in this as they are the technology owners,” he added.

In addition to bringing together revolutionary players in the oil shale industry, the summit will explore the future of natural gas supply in the region, investment opportunities for the power industry, the rising prominence of nuclear energy and how best to leverage Jordan’s renewable resources, especially its wind and solar energy. – TradeArabia News Service