The Israeli electricity market is undergoing a process of liberalisation and structural transformation. Historically dominated by the state-owned Israel Electric Corporation (IEC), in recent years the country has promoted reforms to foster competition in electricity generation and supply, as well as to facilitate the entry of new private players. The electricity system is operated by IEC, while the Israel Electricity Authority regulates the market.
The Israeli generation mix has traditionally been dominated by natural gas, which has largely replaced coal in generation, and by a growing incorporation of renewable energies, especially solar photovoltaic.
In the coming years, the Israeli electricity system will face significant challenges and opportunities:
At AleaSoft, we have been offering services for international electricity markets, including Israel, for 27 years. We provide forecasts for prices, demand, and renewable production, tailored to the needs of generators, investors, retailers, and regulators.
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