Gas, data centers and nuclear: The plan that will change the energy sector
The inter-ministerial committee for examining natural gas policy (the Dayan Committee) published its final report outlining energy policy for the next five years. Recommendations include expanding gas exploration, allocating 20% of electricity output to server farms for tech giants, and promoting nuclear energy. The state has so far generated about 30 billion shekels in revenue from gas sales, with expectations of 300 billion.
The inter-ministerial committee for examining natural gas policy and strengthening energy security (the Dayan Committee) published its final report today, outlining the roadmap for Israel's energy sector over the next five years. The committee is headed by the Director General of the Ministry of Energy, Yossi Dayan. Key recommendations include expanding natural gas exploration, allocating about 20% of electricity output generated from gas to server farms (data centers) of international tech giants, and advancing nuclear energy as an additional energy source. Energy Minister Eli Cohen emphasized that Israel needs to promote nuclear energy and that a dedicated committee is working on the matter. According to the report, the state has generated about 30 billion shekels in revenue from gas sales, with expectations of up to 300 billion shekels in the future. Cohen noted that electricity prices in Israel are 18% lower than the OECD average, and that the export agreement with Egypt alone will bring in over 50 billion shekels. The committee was established following government decisions requiring a periodic review of the economy's needs against export potential every five years. Alongside the recommendations, the Forum of Private Electricity Producers stated that a continuous and competitive supply must be ensured for the local economy.
Gas, data centers and nuclear: The plan that will change the energy sector