Israel Electric Corporation

Eshkol power plant, Israel's largest natural gas powered plant, near the port of Ashdod. (Courtesy)

Israel Electric sells Eshkol power plant to private group for over NIS 12 billion

Sale of power plant is part of electricity sector reform to boost competition; Energy Minister Katz says part of proceeds will be used to lower electricity prices

June 18, 2023, 1:49 pm

Israel Electric sells Eshkol power plant to private group for over NIS 12 billion

Sale of power plant is part of electricity sector reform to boost competition; Energy Minister Katz says part of proceeds will be used to lower electricity prices

By Sharon Wrobel

This October 7, 2015, photo shows a general view of the Eshkol power station, the first in Israel to produce electricity from natural gas, in the coastal city of Ashdod. (AP Photo/Tsafrir Abayov, File)

June 11, 2023, 7:06 pm

Clal to invest NIS 252m in Meshek Energy upon winning the Eshkol power plant tender

Eshkol power station is sold in a tender by the Israel Electric Corporation; Meshek’s subsidiary is said to have submitted a NIS 10 billion bid for the Ashdod plant

By Sharon Wrobel

A man checks a fuse box during a power outage. (Jovanmandic, iStock at Getty Images)

June 5, 2023, 12:34 pm

Recent heatwave’s power cuts underline failure to properly prepare for climate change

Malfunctions and poor planning led to outages for 300,000 Israelis in temperatures of over 40°C, as inefficiency and red tape hinder expansion, optimization of power grid

By Sue Surkes

Firefighting trucks near the scene of a blaze in central Israel on June 2, 2023. (Fire and Rescue Service)

June 2, 2023, 11:58 pm

Power outages spark heated accusations as grid fails to meet sweltering demand

After estimated 300,000 homes lose power, Electric Corp blames management firm for failing to prepare, latter blames weather, malfunctions, and minister points to last government

By ToI Staff

Orot Rabin, an Israel Electric Corporation (IEC) coal-powered power plant on the Mediterranean coast in Hadera, Israel (Yossi Zamir/Flash90)

May 7, 2023, 4:54 pm

Cabinet okays $33 million ‘kosher electricity’ storage facility

Controversial plan addresses the concerns of strictly devout Jews about consuming power produced by co-religionists on the Sabbath

By Canaan Lidor

File: power station in Haifa bay (Photo credit: Shay Levy/Flash 90)

April 27, 2023, 6:06 pm

Glitch at Haifa power station causes brief blackouts nationwide

Israel Electric Corporation fixes problem, with power returning in many locations within minutes; insists it was not a cyberattack, as hacking group claims, but a technical fault

By ToI Staff

April 24, 2023, 6:02 pm

Body of man missing in crane collapse found in sea after five weeks

Remains of Nir Dekel yet to be retrieved from beneath wreckage, with police citing ‘incredibly complex’ efforts to do so

By ToI Staff

Police and Magen David Adom paramedics at the scene where the body of a man was found on a beachin Ashdod, March 15, 2023. (Magen David Adom)

March 15, 2023, 9:24 am

Body of man missing since crane collapse washes up on Ashdod shore

Naftali Edri, a retired electric company worker, had been fishing on pier when winds pushed lifting equipment into sea; authorities still searching for crane operator

By ToI Staff

Rescue and medical teams at the scene at a fatal construction accident in Ashdod, February 8, 2023. (Flash90)

February 8, 2023, 4:44 pm

Two construction workers killed by collapsing wall in Ashdod

Both suffer head injuries and are declared dead at scene; labor minister vows to up supervision in effort to stamp out worksite deaths

By ToI Staff

Screen capture from video of flooding in Tel Aviv caused by a burst water main, January 4, 2023. Used in accordance with Clause 27a of the Copyright Law)

January 4, 2023, 3:14 pm

Burst water main floods Tel Aviv streets, causing traffic chaos and road closures

Israel Electric Corporation says contractor digging for infrastructure work hit pipe; deluge blocks intersection of Moshe Dayan and Hashalom roads; will take days to repair

By ToI Staff

A worker from the Israel Electric Corporation carrying out a repair, August 29, 2020. (Yossi Aloni/FLASH90)

January 1, 2023, 11:28 am

New year brings rash of price hikes in electricity, gasoline, water and property tax

Newly installed government reportedly looking at ways to soften blow; increases could lead to rising consumer prices as businesses seek to cover their own higher bills

By ToI Staff

View of the water cooling tower at the Haifa oil refinery in Haifa, July 31, 2022. (Shir Torem/Flash90)

August 25, 2022, 2:36 pm

Industrial air pollution cost Israel NIS 12.5 billion in 2021

Environmental Protection Minister Tamar Zandberg lauds overall trend in reducing emissions, though suspected carcinogens increased by 1.5%; electric company biggest culprit

By ToI Staff

A worker from the Israel Electric Corporation is seen repairing a faulty line, August 29, 2020. (Yossi Aloni/FLASH90)

July 28, 2022, 1:33 am

Electricity prices to rise by 8.6% next month, says electric company

More moderate price hike reached after talks with Environmental Protection Ministry which controls permits for burning fossil fuels; IEC to seek ways to reduce coal use

By ToI Staff

Snow in the Golan Heights, northern Israel, January 19, 2022. (Maor Kinsbursky/Flash90)

January 20, 2022, 10:28 am

Snow blankets north, but only teases Jerusalem with light appearance

Schools in the capital open an hour late over fears of icy roads; weather forecast to remain cold until slight weekend warming

By Stuart Winer

One of Augwind's polymer air batteries at Kibbutz Yahel in southern Israel, December 15, 2021. (Sue Surkes/Times of Israel)

December 15, 2021, 9:41 pm

IEC inks $8 million deal with company that uses air, water to store energy

Touted as a cost-competitive, sustainable alternative to lithium batteries, Augwind’s ‘air batteries’ can power turbines when needed

By Sue Surkes