What is the Israeli energy storage Council?

Based at Bar-Ilan but to be run in conjunction with the Technion-Israel Institute of Technology in the northern city of Haifa, the body will oversee the development, training, and commercialization of energy storage technologies.

Will ice tax increase a charging infrastructure in Israel?

Israel is also noted as one of the countries where subsidizing a charging infrastructure by an increase in ICE vehicle registration tax has relatively negligible impact, amounting to an increase of 2% in taxes.

How much does it cost to charge a car in Israel?

Based on an estimated cost for charging infrastructure of €1500 to €2500 per vehicle (with just 50% home charging) (McKinsey, 2010), and the assumptions of 10% annual car fleet renewal rate with 10% of this replacement by EV, the ITF study estimated that the investment required in public charging infrastructure in Israel will be €37m by 2020.

How much tax does a PHEV cost in Israel?

The purchase tax for BEV is 10% and for PHEV 20%, and both also receive a tax-value discount over car safety systems (which applies to ICEs as well), resulting in a possible effective discount of few additional percent (Israel Tax Authority, 2016).

Does Israel have a policy for vehicle electrification?

The International Transport Forum (ITF) at the OECD (Lindberg & Fridstrøm, 2015) has recently set forth an analysis of the policy strategies for vehicle electrification in the OECD countries, of which Israel is a member, and explores policy options and their implication on a broad scale.

Is Israeli electricity generation a competitive market?

In recent years the electricity generation segment is opening up to increasing share of independent power producers (IPPs), transforming electricity into a more competitive market. About 97% of Israeli electricity generation fuel mix is fossil-fuel based, increasingly so by domestic natural gas.