Enerdata’s Israel energy market report offers a precise and reliable overview of the energy sector in the country. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With timely updated market data and continuous follow-up of markets news, this report brings clear and concise insights, to help tackle national energy challenges and opportunities. Enerdata publishes energy market reports since 20 years. With highly experienced energy experts and analysts, and an active professional network, Enerdata is reckoned as a trustworthy energy source for data, forecasts & analysis, globally.
Israel energy report Latest update: October 2010 Table of Contents LIST OF GRAPHS & TABLES 2 INSTITUTIONS AND ENERGY POLICY 3 ENERGY COMPANIES 3 ENERGY SUPPLY 5 ENERGY PRICES 6 CONSUMPTION 6 ISSUES AND PROSPECTS 6 GRAPHS & DATA TABLES 9 Israel Energy Report – Copyright© Enerdata – All rights reserved 1 www.enerdata.net LIST OF GRAPHS & TABLES List of Graphs Graph 1: Installed Electric Capacity by Source (2008, %) Graph 2: Power Generation by Source (2008, %) Graph 3: Consumption trends by Energy Source (Mtoe) Graph 4: Total Consumption Market Share by Energy (2008, %) Graph 5: Final Consumption Market Share by Sector (2008, %) Graph 6: Primary Consumption since 1970 List of Tables Table 1: Economic indicators Population, GDP growth Imports & exports Inflation rate, exchange rate Table 2: Supply indicators Oil & Gas proven reserves Electric & refining capacity detailed by source Production by energy source Power production by source External trade by energy Table 3: Demand indicators Consumption / inhabitant Consumption trends Total consumption by energy Final consumption by energy and by sector Electricity consumption by sector Energy security indicators Energy efficiency indicators CO2 emissions Table 4: Energy Balance Total energy balance Detailed energy balance by energy Israel Energy Report – Copyright© Enerdata – All rights reserved 2 www.enerdata.net INSTITUTIONS AND ENERGY Gas Since 2000, gas has been a priority for the POLICY Israeli Government. The objective is for electricity production from gas, which is a The Ministry of National Infrastructures cleaner and cheaper energy source than coal supervises the energy sector. It does so and oil, to reach 60%. through the “Fuel Authority” in the case of the oil sector, and through the “Electricity Electricity Authority” in the case of the electricity The Electricity Law regulates the licences, the sector. The “Natural Gas Projects competition and the tariffs. In keeping with Management” is in charge of the the Electricity Law of 1996, IEC lost part of development of gas projects. its monopoly on production; in the long run, independent producers should produce 20% The Israeli Public Utility Authority (PUA) of the total production (currently 0.7%). regulates the electricity sector and controls Since January 2005, IPPs can build power the electricity company, IEC. plants and sell their electricity directly to consumers. The Natural Gas Authority was created, in accordance with the 2002 law on the natural No single company will be able to control gas industry, to regulate the gas sector. more than 70% of the country’s electricity production/transmission as of 2008, and no The energy policy can be characterised by the more than 50% as of 2010. following aspects: the progressive liberalisation of the oil sector; the large-scale Efficiency substitution of coal with oil, especially for the The Infrastructure Resources Management production of electricity; a R&D policy Division (IRMD) is the unit of the Ministry centred on the only two abundant domestic responsible for energy efficiency activities, as energy sources, namely solar energy and oil well as the implementation of renewable shales; the opening of the electricity sector energy projects. In 2009 the country fixed an to independent producers (10%); and, objective of 20% electricity savings by 2020, finally, the introduction of natural gas to i.e. 16 TWh. supply power plants. Israel’s considerable R&D efforts in the field of solar energy and oil Renewables shales have allowed the country to play a By 2020, the government plans to produce leading role worldwide. 10% of electricity from renewable energy sources. Oil The objective of the oil sector liberalisation In order to stimulate the production of was to split up the various segments of the electricity from renewables, mainly from oil market, namely imports, refining and wind, the country has introduced different distribution. Before the reform, the measures such as investment subsidies distribution companies had to buy their (grants of up to 30% of the cost) and the products from Oil Refineries Limited (ORL). obligation to purchase the electricity Now, the distribution companies are able to produced by the national electricity company directly import crude oil and oil products. at a price fixed by the Government. Likewise, consumers too can directly import or buy from the refining company ORL and, finally, ORL can directly import semi-finished products. Israel Energy Report – Copyright© Enerdata – All rights reserved 3 www.enerdata.net ENERGY COMPANIES Gas The gas transport company, Israel National Gas Lines (INGL), ensures the high pressure Oil gas transport (> 16 bar) and its distribution The oil sector is not vertically integrated. to large consumers (>12 cm /year). First of all, there are companies involved in exploration/production activities. The most Electricity important ones are the two private The production, transport and distribution of companies, Naphta Israel Petroleum and electricity are carried out by a national utility, Isramco, and former public company, Israel the Israel Electricity Corporation (IEC), National Oil Co (INOC), which was which was created in 1923. IEC is a public purchased by Naphta in 1997. However, the company (the State owns 99.8%); its status exploration/production activities are still should soon be reviewed. The company underdeveloped in comparison with the should be transformed into a holding: the country’s low resources. production will be divided into 3 entities, and 4-5 distribution subsidiaries will also be The country’s largest refinery of Haifa c
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