The federal government has licensed Ashtrom Group (TASE: ASHG) to plan and construct an influence station fueled by pure fuel at Har Tuv close to Beit Shemesh. Ashtrom notified the Tel Aviv Inventory Change (TASE) that it’s organising a subsidiary to construct the Shimshon energy station, along with Mega Or Holdings (TASE: MGOR) and Har Tuv Enterprises, with every firm holding a one third stake. The approval course of by the Nationwide Planning Committee will now start. The funding within the energy station will quantity to $1 billion, and the facility station will start operations after 2030.
Presently, there are not any vital energy vegetation close to Jerusalem. The closest stations are at Gezer and Tzafit, each within the southern coastal plain. To treatment this, two new stations are deliberate: a station owned by the Keystone Basis that will likely be in-built Jerusalem’s Atarot Industrial Zone, and was permitted by the federal government final March, and Shimshon, which has now acquired approval. The 2 stations are at the moment in a preliminary planning phases, and solely after approval by the Nationwide Planning Committee will they be capable to apply for ultimate authorities approval that may enable planning and building to start.
Electrical energy technology and power storage
In its notification to the TASE, Ashtrom reported that the Shimshon station will produce electrical energy with a capability of 830 MW, and also will incorporate a storage facility. Storage amenities are normally utilized by photo voltaic power fields to bridge the gaps between peak daytime manufacturing and peak night consumption, however storage can be utilized by a traditional energy vegetation to function constantly and effectively, by storing power throughout off-peak hours and promoting it when costs are increased throughout peak hours. As well as, such a facility can even purchase power from different sources, reminiscent of photo voltaic power installations, and promote it in the identical method.
The ability station will likely be depending on the development of overhead provide strains (400 KV), which ought to be in-built 2030. The ability station will solely be capable to start manufacturing after that. The station may even want building of a fuel pipeline, after the Israel Pure Fuel Traces withdrew plans to construct one within the area, after the corporate that was supposed to attach the vegetation within the area didn’t accomplish that. An influence plant as an “anchor buyer” for fuel will facilitate the deployment of such an infrastructure pipeline, which may even make it simpler for the vegetation within the area to attach on to the fuel provide.
Ashtrom mentioned, “The ability station will present an answer to the power wants of the area, together with Jerusalem, which at the moment suffers from a scarcity of electrical energy infrastructure, and can contribute to the sustainability of the nationwide grid.” Ashtrom added, “This can be a venture of nationwide significance that may enhance electrical energy provide ranges even in excessive eventualities, and strengthen the nation’s skill to fulfill the challenges of peak demand.” From Ashtrom’s perspective, this will likely be an essential step for it within the subject of standard power, along with a significant photo voltaic power subject that it’s constructing in Texas. Presently, there are 5 standard energy stations permitted and present process approval procedures from the Ministry and Infrastructure. Three have already been permitted are ready to shut financing earlier than beginning to building (Kesem, Dalia 2 and Dorad) and two await ultimate approval from the federal government (OPC Hadera and Reindeer). Along with the Har Tuv plant there are 4 extra energy vegetation in a complicated phases earlier than approval: Atarot Industrial Zone, Orot Pnina (Hagit), and an Intel energy plant in Kiryat Gat. The development of a lot of energy vegetation is required to keep up the reliability of electrical energy provide, even throughout safety and infrastructure emergencies, and to allow competitors for manufacturing that may reduce electrical energy costs.
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Ashtrom chairman Rami Nussbaum mentioned, “The collaboration with tMega Or and Har Tuv, who’re among the many strongest and main gamers within the Israeli market, strengthens the monetary and operational infrastructure of the Shimshon energy station. The venture constitutes a strategic milestone within the implementation of the Ashtrom Group’s development and enlargement plans within the power sector for the approaching years.”
Revealed by Globes, Israel enterprise information – en.globes.co.il – on July 16, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
