BREAKING NEWS

Electric corporation wants state of emergency declared

The Israel Electric Corporation requested that Energy and Water Minister Uzi Landau declare a state of emergency in the electricity market, Israel Radio report Thursday.
Declaring a state of emergency would allow the Corporation to enact power outages, a step it says might be necessary based on forecasts that it will not be able to meet energy demand this summer.
The Corporation also notified the stock exchange that in the absence of natural gas supplies, its manufacturing capacity this summer may be too low.