The Jordanian Electricity Market - A Transitory Regime

Abstract

In the light of strengthening energy security, diversifying the economy and promoting sustainable development; Jordan is revolutionising and modernising its electricity sector. The restructuring of the market taking place is mainly regulated under the framework of the Temporary Electricity Law No.64/2002 ("General Electricity Law") which is an interim legal instrument regulating the electricity sector during the period of transition to a wholesale competitive market operating under a multiple-buyer business model. This paper's objective is to provide a guide or an overview of the Jordanian Electricity market by looking at its history and development, the market structure, and the general provisions of the interim legal framework regulating it.