40%
share of gas in energy consumption (2020)
≡ Menu ≡
This analysis includes a comprehensive Israel energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2020 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
Immediate by e-mail
Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.
Highlights
40%
share of gas in energy consumption (2020)
30%
of renewables in power generation by 2030
X4
gas production since 2012
Abstract
Institutions & Energy Policy
The Ministry of Energy supervises the energy sector. It does so through the Natural Gas and Oil Department that regulates the exploitation of oil and gas resources, through the Gas Authority and the Fuel Administration that regulate the transportation and distribution of gas and oil to the markets, and through the "Electricity Authority" for electricity.
Energy Companies
Electricity:
IEC, Israel Electric Corporation is the national electricity utility company (99.85% state-owned).
Energy Supply
Oil:
Oil production is limited (322 kt). Crude oil imports dropped by = 17% in 2020.
The country has 2 refineries: Haifa (196 kb/d) and Ashdod (100 kb/d). Oil Refineries commissioned a new hydrocracking unit of 25 kb/d at its Haifa refinery in 2013 (investment of US$670m) to produce cooking gas, naphtha, kerosene, and high-quality diesel.
Energy Prices
Oil:
The prices of gasoline and diesel are close (US$1.66/l and US$1.72/l, respectively, in 2020). Prices follow global trends in oil prices: they decreased significantly between 2013 and 2016 (-11%/year), increased until 2018 (+11%/year), and then declined again until 2020 (-5%/year for gasoline and -4%/year for diesel).
Energy Consumption
Israel's consumption per capita is 2.3 toe (including around 6 600 kWh of electricity) (2020).
Between 2015 and 2019, consumption has been quite stable at around 22 Mtoe; it decreased by 3% in 2020 to around 21 Mtoe.
The total energy consumption per unit of GDP is decreasing very rapidly (around -3.4%/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 (+2.8%/year over 2017-2030). To meet rising demand, the installed capacity should reach 23.4 GW in 2030 (+3.4 GW compared to 2020), mainly from solar (+400 MW/year on average between 2020 and 2030) and gas.
Below is a list of the Israel energy market report graphs:
In the Israel energy market report you will find the following tables:
The Israel energy market data since 1990 and up to 2020 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:
The Israel country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
Secured payment by