The Orot Rabin coal-fired power plant, Israel. (Avishai Teicher/PikiWiki)
Israel is finally opening up its electricity sector to competition, 22 years after the government unveiled its plans for power liberalisation. After the country has implemented its reforms, state-owned utility Israel Electricity Corp. (IEC) will no longer have a monopoly on selling and producing power, nor will it manage all aspects of the supply chain.
The reforms, which were given a fast-track ratification by parliament in late July, will also affect Israel’s gas sector. Over the next five years, IEC will sell off...
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