Energy Plan Sees Need for New Nuclear Power Plants in Israel 
Monday, January 25, 2016 at 9:04PM
Uranium Stocks

Master plan for Israel's energy infrastructure predicts need to double energy production by 2030, calls for nuclear power to make up 15% of production by 2050.

Israel should develop nuclear power plants in addition to conventional and renewable energy, according to a proposed master plan for the country’s energy infrastructure.

The basic principles of the plan, along with the forecasts on which it is based, will be presented to the National Planning and Building Council next week. The proposal will then be refined into a detailed plan and submitted for final approval. The plan was prepared by the Tahal Group on behalf of the Finance Ministry’s planning administration.

The plan predicts that Israel will need to double its electricity production capacity by 2030, to almost 30,000 megawatts. Demand for natural gas will more than double by this date, it says, but demand for coal and various petroleum products used in gasoline will remain stable

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