The Reindeer energy station close to Kfar Saba has been accredited by the cupboard. Minister of Finance Bezalel Smotrich had deliberate to oppose the approval to make sure building of the Shomron Interchange. However market sources say he agreed to withdraw his objections to the Reindeer energy station after being instructed that its building wouldn’t be on the expense of the interchange.
Now the ability station required closing of financing between Powergen (the power arm of the Era Fund), along with Phoenix and Rapac Communications, and financing establishments that can permit building to go forward. When accomplished the ability station will likely be able to producing as much as 900 MW and will likely be powered by pure gasoline.
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Planning for the ability station started eight years in the past, and even earlier than its building, it’s price a whole lot of hundreds of thousands of shekels.
The Reindeer energy station has been accredited twice by the Nationwide Planning Fee. In 2024, it didn’t obtain cupboard approval, when a number of ministers opposed it, every for their very own causes. The ministers have been pressured by the native councils of Kfar Saba, Darom Hasharon and Alfei Menashe, which opposed the station as a consequence of its proximity to residents’ houses. Following its second approval by the Nationwide Planning Fee three weeks in the past, the identical councils petitioned the Excessive Court docket of Justice and demanded that approval of the station be canceled. However market sources consider that the possibilities of the petition being upheld are slim.
An essential energy station in strategic phrases
This can be a strategically essential energy station, as a consequence of its proximity to the facilities of demand within the Tel Aviv metropolitan area. It’s situated in a prime precedence space and is anchored in a cupboard choice on the development of energy vegetation within the coming decade.
Electrical energy consumption in Israel is rising, particularly as a result of rise within the variety of electrical automobiles and knowledge facilities wanted for AI. Subsequently, approval of many new standard energy vegetation is required, together with a speedy push for renewable power manufacturing.
Printed by Globes, Israel enterprise information – en.globes.co.il – on August 10, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
