Like every other nation, Israel is a country that is always growing – demographically, technologically and economically. As a result, Israel has an ever-growing need for a reliable and efficient supply of electrical energy.
As a country with few natural resources, Israel imports most of its fuel for electrical energy. Currently, Israel’s main fuel supplies are coal and natural gas. Egypt provides most of Israel’s natural gas through a pipeline in the Sinai Peninsula, while Israel buys most of its coal on the open market from countries such as Australia and the United States.
Due to the high cost of foreign imports, Israel made many efforts to reduce its dependence on imported sources of fuel for electricity. For decades, Israel unsuccessfully attempted to discover oil or other fossil fuels within its borders. However, recent exploration efforts off the northern coast of Israel led to the discovery of a large pool of natural gas in a site called Tamar. Furthermore, Israel recently cooperated with Cyprus assisting with their undersea natural gas exploration.