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Introduction of smart meters and batteries to stabilize the power grid in Amman

Country (trade office)	Jordan (Amman)
Project name	Introduction of smart meters and batteries to stabilize the power grid in Amman
Business Category	Transportation/Logistics
Overseas ordering company	Jordanian Electric Power Co (JEPCO) *Private distribution company in charge of distribution in central Jordan
project schedule	Second half of 2021 - Plan to establish detailed project plan
financing	Jordan Renewable Energy & Energy Efficiency Fund (JREEF), Amman City Budget International Financial Institution
Scale	$2,500 million
Project period	2021-2023

Main Content	Introduction of smart meters – JEPCO, a Jordanian power distribution company, is a strategic partner of Amman City Hall. In order to stabilize the power grid and prevent illegally used strategies, 4 smart meters will be installed every year for the next 150,000 years. to be introduced * According to the Energy Sector Strategy 2020-2030 announced by the Jordan Ministry of Energy and Mineral Resources, 2030% smart meter installation is targeted by 100 (July 2020) Power battery storage introduction – JEPCO plans to promote a battery-based energy storage project that increases energy efficiency by providing stable electricity supply and supply, storing and supplying additional PV systems when electricity demand occurs. * About 30 substations to establish energy storage with storage capacity of 10 MWh each Site Location: Central Jordan Project: Phase planning JEPCO completed the replacement of over 2020 smart meters as of 10
Reason for selection	For energy efficiency, the government plans to actively introduce a smart management system. It is expected that opportunities for Korean companies to advance into Jordan-related projects in energy storage and smart solution items, where they have competitiveness, will increase.

opportunity factor	In Jordan, in addition to JEPCO in charge of distribution in the central region, there are two other distribution companies in charge of distribution in the southern/eastern and northern regions, and bidding for smart meter replacement is expected to continue until 2.
Threats	Unfavorable price competitiveness compared to other European and American products exempted from tariffs due to FTAs Chinese-made products with high market share due to price competitiveness
local collaboration possible company	Jordan Importers and Agents
Other notes	It is necessary to find a local agent in advance to participate in the bid – In the absence of any local Korean companies entering the market, it is necessary to make efforts to enter the market in various ways such as price and quality competitiveness as well as pilot project execution to secure competitiveness with products made in China, Turkey, Italy, and France. In the case of smart meters, compatibility with previous products of the ordering party is essential.