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March 2025
Financial Feasibility Study Jordan
This Financial Feasibility Study is designed for end-users and financial institutions to demonstrate the financial viability and applicability of transitioning to natural refrigerants in commercial refrigeration systems. The report highlights the environmental benefits of natural refrigerants such as ammonia, carbon dioxide, and hydrocarbons, which offer a sustainable alternative to traditional synthetic refrigerants. Through a detailed case study of a hotel in Aqaba, Jordan, the report evaluates the performance of two proposed modernization scenarios using advanced chiller technologies. The findings indicate positive financial outcomes, making the transition to natural refrigerants both feasible and recommended for long-term energy savings and environmental sustainability.
A peak inside the report
The report delves into a comprehensive analysis of the financial and environmental benefits of adopting natural refrigerants in commercial cooling systems. It includes a case study of a 4-star hotel in Aqaba, Jordan, comparing the performance of outdated PETRA Chillers with two modern alternatives. The study reveals significant energy and maintenance cost savings, along with a reduction in greenhouse gas emissions. Additionally, the report outlines the necessary actions across various sectors, emphasizing the importance of improving energy efficiency in the hospitality industry. With detailed investment indicators and financing scenarios, this report serves as a valuable reference for stakeholders aiming to support sustainable cooling investments.
Explore the findings below to understand how modernizing outdated systems can promote sustainable practices and positive financial outcomes in Jordan’s cooling sector.
Financial Feasibility Study Jordan
The lead author organisations
This report on the finance feasibility study in Jordan was prepared by Frankfurt School of Finance and Management in cooperation with Royal Scientific Society and Guidehouse. Report provides an in-depth analysis of the financial landscape concerning the refrigeration and air conditioning sector, highlighting key opportunities for financing sustainable cooling technologies in Jordan.
PublisherGuidehouse Germany GmbH |
Lead authors: Dr. Yara Katami (Frankfurt School of Finance and Management) Contributing authors: Sawsan Bawaresh (Royal Scientific Society) Michal Deuszkiewicz (Frankfurt School of Finance and Management) Alokananda Nath (Frankfurt School of Finance and Management) Review: Dr. Andreas Hermelink (Guidehouse) Jan Grözinger (Guidehouse) Dr. Nesen Surmeli-Anac (Guidehouse) Jakob Hoffmann (Guidehouse) Alexander Pohl (Guidehouse)
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