Israel Electric Corporation
Business Development
Yakov (Yasha) Hain
Senior Executive Vice President
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Business Development in IEC
• The business development unit was set up in 1995 and
expanded in 2007. It operates with the goal of the expansion of
the areas of engagement of IEC and making the best use of the
knowhow, the skilled human resources, the byproducts, the
infrastructures and the other resources that are in its
possession.
• Most of the business development activity is currently directed
overseas, mainly to the countries of the former Soviet Union,
Eastern Europe, Africa, India and South America.
• The Company is operating in the sphere of business enterprise,
this being within the framework of the licenses of the Company;
some of these operations require the approval of the Manager
of the Electricity Administration or the Ministers.
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The Main Fields of Business
Development
• Activity for the construction and the operation of power
stations and other electricity facilities overseas that is
conducted by the Company as a provider of professional
services.
• Activity involving the sales of knowhow, consulting services
and engineering services in Israel and abroad.
• The commercialization of the byproducts that are created
as a result of the generation of electricity – such as ash,
coal, steam, various gases and so on.
• Effective utilization and renting of the infrastructures of the
Company.
• Communication infrastructure services.
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Israel Electric Corporation:
Recent International Projects
South Africa,
2007/11
Medupi Power Station, coal , 6 x 750 MW, turbine island
engineering
South Africa,
2008/11
Kusile Power Station, coal,
6 x 750 MW,
turbine island engineering
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Israel Electric Corporation:
Recent International Projects
Greece,
2007/10
Aliveri CCGT, natural gas, 420 MW, проектирование
Designs PDMS 3-D Model for Process, Mechanical,
Control, Electrical and Civil of Entire Power Plant
India, 2010/11
Uttar Pradesh, coal , 3 x 660 MW, owner engineer
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Israel Electric Corporation:
Recent International Projects
Spain, 2008/11 Lebrija, Andalusia , solar plant, 3*50 MW engineering,
integration, commissioning
Source: http://www.siemens.com/press/en/feature/2012/energy/2012-01-lebrija.php
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Israel Electric Corporation:
Recent International Projects
Modernization of urban electricity network – consultations, survey of
existing system, development scenarios, Papua New Guinea, 2011
Energy efficiency projects for commercial and industrial customers,
South Africa, 2011– ongoing project
Energy efficiency and green energy projects, South Africa, 2012–
ongoing project
Energy efficiency projects for DIY shop chain, Germany, Switzerland,
Austria, Sweden, 2012/13
Engineering services, owner engineer, overhead lines and substations,
Angola, 2012 – ongoing project
Energy audit of public building, Moscow, 2013
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EuroAsia Interconnector project
SUBMARINE DC CABLE LINK
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Project Description
• Euro-Asia Interconnector is a project intended to
link the electrical systems of Israel, Cyprus and
Greece (via Crete) through sub-marine DC cables
and HVDC onshore stations in each country
• Total capacity – 2000 MW
• Participants:
–
–
–
–
Israel Electric Corporation
DEH-Quantum Energy
Electricity Authority of Cyprus
TSO - Cyprus
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Description of electricity
systems
Israel
Capacity –13,131 MW
Production – 57.3 TWh
Cyprus
Capacity –1,400 MW
Production – 5.2 TWh
Greece
Capacity –12,890 MW
Production – 51.9 TWh
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Preliminary Cable Route
Greece
Cyprus
Crete
Israel
The route consists of three sectors:
• Israel – Cyprus section between Hadera site in Israel and Vasilikos site in
Cyprus.
• Cyprus – Crete section between Vasilikos site in Cyprus and Korakia site in
Crete.
• Crete – Continental Greece section between Korakia site in Crete and
Attica region in Continental Greece.
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Preliminary Cable Route
Section
Length, km
Maximal
depth, m
Israel – Cyprus
330
2300
Cyprus – Crete
880
2700
310
1400
Crete – Attica region
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Project Activities
March, 2012. Tel Aviv. Israel endorsed its commitment
to implementing the EuroAsia Interconnector energy
bridge project connecting Israel, Greece and Cyprus and
Israel signing an agreement with DEH-Quantum Energy
LLC;
April, 2012. Nomination of Steering Committee and
Working Groups;
September, 2012. Feasibility Study Report – preliminary
draft;
September, 2013. Positive conclusion regarding the
feasibility of the project by CESI.
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Technical feasibility
• No substantial technical elements have arisen
that might prevent the implementation of the
project;
• The first stage of the project – 500 MW from
Israel to Cyprus - can be commissioned in
2017.
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Trans-European Energy Infrastructure
Projects of Common Interest
• The European Commission is in the process of selecting
energy infrastructure projects as Projects of Common
Interest (PCI) according to Regulation (EU) No
347/2013.
• EuroAsia Interconnector has been included in the final
list of PCI and finally approved in October, 2013.
• Projects of common interest are eligible* for:
– Union financial assistance in the form of grants for studies
and financial instruments;
– Union financial assistance in the form of grants for works;
– Accelerated licensing process.
* - according to conditions
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Cost-Benefit Analysis according to
ENTSO-E guidelines
• The cost benefit impact assessment criteria reflect
each transmission project’s added value for society.
• Economic and social viability are displayed in terms of :
– increased capacity for trading of energy and balancing
services between bidding areas (market integration),
– sustainability (RES integration, CO2 variation) and
– security of supply (secure system operation).
• The indicators are calculated through an iteration of
market and network studies.
• The first draft of CBA for the project expected by the
end of November, 2013.
* - according to conditions
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Summary
• The project is technically feasible;
• The first stage of the project might be
implemented in 3-4 years;
• The project approved as Project of Common
Interest by European Commission.
• Expected inclusion of the Project in Ten-Year
Network Development Plan by ENTSO-E.
• Expected positive result of CBA for the
project.
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Thank you
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