The Israel Electric Corporation confirmed the cause of the outages "was definitively not a cyberattack."
The IEC claims it could lose up to $50 million in the upcoming year due to Chevron refusing to sell gas from Tamar at a reduced rate.
Israel ranked first in OECD in rate of solar power generation from economy’s total electricity consumption. A look at the fine print tells a different story.
Gas production resumed several hours later, and company said that no environmental impact is expected due to the malfunction.
A pipeline only serves interests of the gas tycoons and not the taxpayers or the environmentally minded residents of the region.
Reduced usage of artificial lighting, bacteria prevention in pipelines using shark skin imitations, energy converters: oh my!
The production capacity was 1,326 megawatts, accounting for 19.3% of the total energy production.
In a bid to stay competitive, executives from the energy giant toured the country last week, meeting with and looking at investments in several Israeli start-ups.
The Herzeiya Marina project will 'serve as a model for environmentally friendly hotels,' says actor Leonardo DiCaprio.
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