Israel energy report

• Institutions & Energy Policy

  The Ministry of National Infrastructures, Energy and Water Resources supervises the energy sector. It does so through the "Fuel and LPG Authority" in the case of oil, through the "Electricity Authority" for electricity and the "Natural Gas Authority" for gas projects.

• Energy Companies

  Electricity:

  IEC, Israel Electric Corporation is the national electricity utility company (99.85% public).

• Energy Supply

  Gas:

  Production started in 2004 and increased very rapidly from 2013, reaching 11 bcm in 2019 (i.e. around 16%/year). Israel has 3 operational offshore gas fields, the main one is the 280 bcm giant gas field in Tamar, which started production in 2013.

• Energy Prices

  Oil:

  The prices of gasoline and diesel are quite similar (US$1.8/l and US$1.85/l, respectively, in 2019). Prices follow global trends in oil prices: they decreased significantly between 2013 and 2016 (-11%/year) and have been increasing again since then (+6%/year). Prices are significantly higher (almost double) than in the neighbouring countries like Lebanon and Jordan.

• Energy Consumption

  Israel's consumption per capita is 2.7 toe (including around 6 700 kWh of electricity) (2019).

  Since 2014, total consumption has increased by 2.2%/year (24 Mtoe in 2019).

  The total energy consumption per unit of GDP is decreasing very rapidly (-3%/year since 2010).

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

• Issues & Prospects

  Electricity:

  According to the Electricity Authority, electricity generation is expected to reach 97 TWh in 2030 (2.7%/year). To meet rising demand, the installed capacity should reach 23.4 GW in 2030 (+ 4 GW compared to 2019), mainly from solar (+3 GW until 2020 and 400 MW/year on average between 2020 and 2030) and gas.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Israel energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2019, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2019, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2019, %)
• GRAPH 9: Final consumption market share by sector (2019, %)

In the Israel energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Israel energy market data since 1990 and up to 2019 is included in the Excel file accompanying the Israel country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

• Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO₂ emissions.
• Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
• Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
• Energy Balance: total and per energy.
• Israel Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Israel energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO₂ emissions (from fuel combustion).