Overview of Israel’s energy and natural resources market – legal framework
Meitar partner and head of Energy and Infrastructure Group, Renelle Joffe contributed a chapter to The ILO (International Law Office) online news magazine. The chapter is an overview of the legal framework applicable to Israel’s energy & natural resources. This is the first article contributed by Israel in the energy and natural resources section of the ILO.
Israel has an installed electricity capacity of 12,000 megawatts, which is based almost exclusively on fossil fuels. Until the discovery of natural gas offshore, all fuels were imported. The introduction of natural gas into Israel’s fuel basket is dramatically changing the energy landscape, allowing for the introduction of independent power producers (IPPs) and modernisation of the market. Renewable energy is also slowly penetrating the market, predominantly in the photovoltaic sector.
The full update is available through the PDF icon.
