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Israel to use only renewables and natural gas by 2030

- Country will increase renewable capacity, particularly solar, and phase out coal capacity by end of 2025, top official says

home > Natural Gas, Renewable, Middle East-Africa 05.11.2020 12:23 Nuran Erkul

Israel to use only renewables and natural gas by 2030

Israel plans to meet all energy needs from natural gas and renewables by 2030, Ehud Adiri, director-general in the Ministry of Energy of Israel said during a virtual meeting organized by the Israel Ministry of Foreign Affairs late Wednesday.

Adiri said his country is planning to increase renewable capacity, particularly in solar photovoltaics.

"In 2030, we will reach 30% of renewables and 70% of natural gas. We want as many renewables as possible. In 2030, we plan 16 gigawatts (GW) of renewables, particularly solar," Adiri said.

Israel's current total installed electricity capacity from all fuel sources amounts to 16 GW, but Adiri said the country will double this through issuing new renewable tenders while also phasing out coal by 2025.

"So we will have no coal after 2025 and we will reduce 90% of our pollutants in 10 years," he said.

At the end of 2019, the share of coal power in the country's energy mix was 30% and the share of renewables was 5%.

He also discussed the country’s recent, high-potential natural gas discoveries that he said were important for regional cooperation and led to the formation of the East Med Gas forum, which has now morphed into an international organization.

The founders of the organization launched in January 2020 include Egypt, Israel, Jordan, Palestine, Italy, Greece and the Greek Cypriot Administration in south Cyprus.

"The forum presents many opportunities for further cooperation and sends a very important message to the international community that normalization is in place and companies can do business in Israel, in Egypt, in Jordan and other countries all together based on this cooperation," Adiri asserted.

- Investors needed for East Med pipeline

He hailed the EastMed Gas pipeline as another project for regional cooperation describing it as "a very ambitious initiative that will send gas to Europe via Greece and Italy".

He expressed his hope that Italy will soon sign the intergovernmental agreement, which Israel, Cyprus and Greece have already signed in January 2020 to allow a final investment decision to be made by the end of 2021.

He urged for investors from the oil and gas industry to come forward to finance the approx. $6.7 billion project, which some consider is both costly and unfeasible to run.

The EastMed Gas Pipeline plans to start from the Levantine basin through Cyprus, Greece and end in Italy.

By Nuran Erkul Kaya

Anadolu Agency

energy@aa.com.tr


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08.03.2021 Natural Gas , Finance , General

Algerian LNG vessel arrives in Turkey

- Lalla Fatma N'Soumer vessel reaches destination at Turkey's Marmara Ereglisi LNG terminal on Saturday morning
08.03.2021 Lng/Lpg , Turkey , General

Gas to show strongest growth among fossil fuels by 2035

- Upstream sector will take lion's share from global natural gas investments, according to McKinsey
09.03.2021 Natural Gas , Turkey

Spot market natural gas prices for Saturday, March 6

- 1,000 cubic meters of natural gas on spot market costs 1,294 Turkish liras
08.03.2021 Natural Gas , Turkey

Spot market natural gas prices for Friday, March 5

- 1,000 cubic meters of natural gas on spot market costs 1,295 Turkish liras
06.03.2021 Natural Gas , Turkey

Spot market natural gas prices for Thursday, March 4

- 1,000 cubic meters of natural gas on spot market costs 1,272 Turkish liras
05.03.2021 Natural Gas , Finance , General

Spot market natural gas prices for Wednesday, March 3

- 1,000 cubic meters of natural gas on spot market costs 1,273 Turkish liras
04.03.2021 Natural Gas , Turkey

Algerian LNG vessel arrives in Turkey on March 3

- Berge Arzew vessel reaches destination in Turkey on Wednesday
04.03.2021 Lng/Lpg , Turkey , Middle East-Africa , General

Turkey says could sign deal with Egypt on maritime zone

- Foreign minister says Turkey welcomes Egypt's respect for its continental shelf in Eastern Mediterranean
04.03.2021 Natural Gas , Energy Diplomacy , Turkey , Middle East-Africa

Spot market natural gas prices for Tuesday, March 2

- 1,000 cubic meters of natural gas on spot market costs 1,274 Turkish liras
03.03.2021 Natural Gas , Turkey

Spot market natural gas prices for Monday, March 1

- 1,000 cubic meters of natural gas on spot market costs 1,285 Turkish liras
02.03.2021 Natural Gas , Turkey

Spot market natural gas prices for Sunday, Feb. 28

- 1,000 cubic meters of natural gas on spot market costs 1,283 Turkish liras
01.03.2021 Natural Gas , Turkey

Qatar awards EPC contract for North Field LNG to Samsung

- Contract, valued at more than $2B., is awarded on lump sum basis and is second major EPC contract award for NFE project
01.03.2021 Natural Gas , International Relations , Energy Projects , Middle East-Africa

Algerian LNG vessel to arrive in Turkey on March 6

- Vessel is sailing under flag of Bahamas
01.03.2021 Lng/Lpg , Turkey , General

Spot market natural gas prices for Saturday, Feb. 27

- 1,000 cubic meters of natural gas on spot market costs 1,275 Turkish liras
01.03.2021 Natural Gas , Turkey

Spot market electricity prices for Sunday, Feb. 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 139.83 million Turkish liras
27.02.2021 Natural Gas , Finance , Turkey , General

Spot market natural gas prices for Friday, Feb. 26

- 1,000 cubic meters of natural gas on spot market costs 1,247 Turkish liras
28.02.2021 Natural Gas , Finance , Turkey , General

Spot market natural gas prices for Thursday, Feb. 25

- 1,000 cubic meters of natural gas on spot market costs 1,242 Turkish liras
27.02.2021 Natural Gas , Turkey

Turkey's energy import bill down 35.8% in January 2021

- Last month, overall energy imports fall due to rise in country's domestic and renewable energy production
26.02.2021 Natural Gas , Oil , Projects , Stock Market , Energy Projects , Turkey

Turkey's gas imports from Iran see sharp fall in 2020

- Country-based gas imports from Iran shows biggest fall while biggest growth seen in gas imports from Qatar and US
26.02.2021 Natural Gas , Downstream , Energy Diplomacy , Energy Security , International Organization , Turkey , Middle East-Africa

Global LNG trade steady in '20, demand to double by '40

- Natural gas has important role to play in move towards net-zero emissions that requires cleaner energy solutions: Shell
26.02.2021 Lng/Lpg , Europe , General

Spot market natural gas prices for Wednesday, Feb. 24

- 1,000 cubic meters of natural gas on spot market costs 1,217 Turkish liras
25.02.2021 Natural Gas , Lng/Lpg

Global gas demand to increase by 50% in 2050

- Demand to rise via economic & population derivers, environmental concerns, increasing supplies and positive policy support
26.02.2021 Natural Gas , General

Turkey's LPG imports down 2.6% in December 2020

- LPG production decreases to 77,922 tonnes with year-on-year drop of 5.2%, according to Turkey's energy watchdog
25.02.2021 Lng/Lpg , Turkey

Spot market natural gas prices for Tuesday, Feb. 23

- 1,000 cubic meters of natural gas on spot market costs 1,220 Turkish liras
24.02.2021 Natural Gas , Turkey

Texas cold snap uncovers obsolete energy infrastructure

-Energy infrastructure is outdated and underinvested and unfit for country the size of US: Vienna Energy Research Group Chair
25.02.2021 Electricity , Natural Gas , Oil , Renewable , Americas

Turkey's gas imports up 15.6% in December 2020

- Total natural gas consumption in December shows 16.6% year-over-year growth
25.02.2021 Natural Gas , Turkey

'Ankara ready to do its part to bring Turkmen gas to Europe'

- Turkey welcomes agreement reached between Turkmenistan, Azerbaijan in Caspian Sea, says Turkish foreign minister
24.02.2021 Natural Gas , Energy Diplomacy , Turkey , Europe , Eurasia , Asia , General

Spot market natural gas prices for Monday, Feb. 22

- 1,000 cubic meters of natural gas on spot market costs 1,212 Turkish liras
23.02.2021 Natural Gas , Turkey , General

Spot market natural gas prices for Sunday, Feb. 21

- 1,000 cubic meters of natural gas on spot market costs 1,204 Turkish liras
23.02.2021 Natural Gas , Turkey

Spot market natural gas prices for Saturday, Feb. 20

- 1,000 cubic meters of natural gas on spot market costs 1,214 Turkish liras
22.02.2021 Natural Gas , Finance , Turkey , General

Spot market natural gas prices for Friday, Feb. 19

- 1,000 cubic meters of natural gas on spot market costs 1,218 Turkish liras
21.02.2021 Natural Gas , Turkey

Spot market natural gas prices for Thursday, Feb. 18

- 1,000 cubic meters of natural gas on spot market costs 1,206 Turkish liras
19.02.2021 Natural Gas

US LNG vessel arrives in Turkey on Feb. 18

- Castillo De Caldelas vessel reaches destination in Turkey on Thursday
19.02.2021 Lng/Lpg , General

Turkey to invest 780M TL in gas facility in Black Sea

- 155-kilometer-long pipeline will connect from new subsea gas production facility to onshore natural gas processing plant
20.02.2021 Natural Gas , Turkey

Turkey, Azerbaijan aim $15B trade volume by 2023

- 2 countries are important political, trade partners, says Turkish vice president
19.02.2021 Natural Gas , Energy Diplomacy , Energy Projects

Spot market natural gas prices for Wednesday, Feb. 17

- 1,000 cubic meters of natural gas on spot market costs 1,210 Turkish liras
18.02.2021 Natural Gas , Turkey

Algerian LNG vessel to arrive in Turkey on February 21

- Vessel is sailing under flag of Bahamas
18.02.2021 Lng/Lpg , Turkey , General

US: Gas demand rises sharply amid freezing weather

- 4.5M power outages in Texas alone, 20% of US refinery capacity shut down in Gulf Coast
18.02.2021 Natural Gas , Americas

SOCAR mulls hydrogen supply to Europe via TANAP

- 20% of pipeline capacity can be used for hydrogen transportation without any additional investments, top official says
18.02.2021 Natural Gas , Turkey , Europe , Eurasia
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