Opinion

Haaretz Cartoon, August 10, 2022

Haaretz Cartoon

Haaretz Editorial

The Electricity Authority and the Competition Authority are currently considering whether to allow a consortium comprised of two companies, Edeltech and Shikun & Binui, to buy a controlling stake in the Eshkol power plant. Both these companies already own several other power plants, and they currently produce about a third of Israel’s electricity (that is, electricity produced from natural gas). The purchase of Eshkol would make them Israel’s dominant power producers, and that means they could deal a mortal blow to the competitive private electricity market – a market that hasn’t yet developed, but is supposed to be based on competition among providers of various types of power at any given moment.

Labels

Promoted Content

Labels

Promoted Content