Haifa bay power plant 311.
(photo credit: Ariel Jerozolimski)
Electricity rose 10% Monday after the Israel Electric Corporation (IEC) received permission Sunday night from the Environmental Protection Ministry, following a request from the Finance Ministry, to operate two out of its six units using fuel oil.RELATED:
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The Public Utilities Authority (Electricity) had originally called for a 20% hike in electricity rates today due to disruptions in the supply of Egyptian natural gas, and the rise of fuel prices on global markets.
The rise was cut, however, by 8% after Finance Minister Yuval
Steinitz lowered excise and purchase tax on diesel last night. On
Monday, the hike was cut a further 2%.
The Environmental Protection Ministry has banned use of fuel oil for
electricity production because of the high level of air pollution it
causes. In March, Environmental Protection Minster Gilad Erdan allowed
the IEC to use fuel oil for 12 hours after a breakdown in the natural
gas pipeline from the Yam Tethys field.
At the time, Erdan said, "There will be no more open checks to pollute
the environment just because it is a cheaper way to produce