RE-DESIGNING THE

FRAMEWORK OF THE

EUROPEAN ENERGY MARKET

Eitan Parnass, Founder & CEO

Renewable Energy Association of Israel

Israel

ISRAEL - Demography

Population 7.7 Mil

Household 2.1 Mil

Demographic growth 2010 1.9%

Average growth rate till 2030 1.4 %

Demand 2010 - 54 Twh (2.5 Mil consumers)

Average annual demand growth 3.5 %

Annual growth 2010 6.3 %

12,500 MW Capacity (IEC) + 500 MW IPPs

Coal Baseload– since 2008 Gas

Very low reserve 10%-5% 2012 0%

Low electricity tariffs – ~ 0. 8 €/Kwh

4 % energy saving – solar water heaters

ISRAEL – electricity market

Geographic distribution

Demand 2011-2014

10% renewables by 2020

20% electricity saving by 2020

20% private production by 2020

National goals - energy market

10% of consumption by 2020 - 3,000 MW

Mid term goal of 5% by 2014 - 1,500 MW

Actual production: 0.5% (250MW installed)

Re-designing policy 2014

Grid-Parity Committee

Renewable Energy policy

RES Approved Quotas & Tenders

planned

generation

Capacity MW Type

2013-2015 710 Large scale

Solar FIT & Tender

2012-2013 580 PV

Small & Medium

2014-2017 830 Wind

2013-2015 160 Bio-Gas

2,280 MW Total

Special characteristic

Very good solar radiation

Energy Island – limit on RES

Energy security

The EuroAsia Interconnector & RES

MENA region initiatives

Thank you !