When will energy storage facilities be built in Israel?

(3) The Electricity Authority will publish a tender in September 2023 for the establishment of Energy Storage facilities with a total capacity of 900MW. Israel plans to use its abundant gas resources to leverage the development of a gas-based auxiliary industrial sector.

How much electricity does Israel produce?

Israel has a relatively high share of conventional resources in the production of electricity (Fig. 3.) According to the U.S. Energy Information Administration (Fig.6) in 2020, the country produced about 68.51 TWh of electricity, of which 93.7% was by thermal power plants and 6.3% by other renewable energy sources.

How much solar power does Israel need?

To reach this new goal, Israel will need to increase its overall installed capacity from solar systems to 17.1 GW (almost 3.5 times of its capacity in 2022– 4.7 GW). It will also need to increase overall storage capacity by 10 times from 300 MW in 2020 to approximately 3,000 MW in 2030.

How has Israel's energy sector changed in recent years?

The Israeli energy sector has developed greatly in the recent years. Large reservoirs of natural gas were found in Israel’s economic waters, which changed the Israeli energy mix.

How does Israel respond to electricity consumption forecasts?

In light of these challenges, the Government of Israel is promoting several programs to respond to electricity consumption forecasts, while reducing pollution and increasing the use of natural gas and renewable energy.

Does Israel have a new electricity sector?

In June 2018, the Government of Israel approved a comprehensive structural reform in the Israeli electricity sector, planned to be implemented over the course of 8 years (2018-2026). As part of the reform, IEC’s share in electricity generation will be reduced from 60% to 40%.