Finance Ministry Director General Ram Blinkov warned yesterday that if no new power plants are built, Israel could run out of electricity.
"If we do not build new energy stations we will be stuck without electricity, it is very difficult to deal with. It does not interest all kinds of ministries like the Ministry of Environmental Protection," Blinkov said at the annual conference of the Aaron Institute of Economic Policy at Reichman University in conversation with Prof. Omer Moav Conference of the Institute for Economic Policy.
Asked by Prof. Moab, who wondered why the Treasury opposes increasing public debt for investment in infrastructure, Linkov replied: "The problem is not fiscal, but planning. I do not know a single project that was rejected for budgetary reasons, so proposals to set up non-budgetary funds are not "In my opinion, and we are making efforts to release the traffic jams later. There are all kinds of reforms in the field of imports and in the field of bureaucracy."
"Increase in consumption volumes"
Blinkov's remarks are in line with the warnings of private power producers, who have also recently warned of a future shortage of electricity, given the procrastination surrounding the permits required for the construction of additional power plants.
In a letter sent by the electricity producers to Interior Minister Ayelet Shaked and Energy Minister Karin Elharar, it was explained that from the moment the tenders are published, an average of six years pass before a power plant begins to generate electricity for the economy.
Director General of the Ministry of Finance, Ram Blinkov, Photo: Lior Mizrahi
"The increase is due to the steady increase in the consumption volumes of the Israeli market, as well as the diversion of fuels from the private and public transportation sector from polluting fuels to electricity activity. "7.7%, and the demand for electricity in the first four months of 2022 increased by 12% compared to the corresponding period in 2021," the appeal said.
The manufacturers also warned that the failure to issue permits for the construction of additional power plants would lead to damage to the electricity supply, higher tariffs and an increase in air pollution due to the increased use of coal for electricity production.
Lack of planning
"We would like to warn that relying on an outdated forecast regarding demand in the Israeli electricity sector, on the one hand, and the lack of planning of natural gas production options, on the other hand, will inevitably lead to significant damage to the electricity sector's surpluses."
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