Energy Matters Dec 2015

Energy Matters
December 2015

Israeli Energy Minister Yuval Steinitz (left) and U.S. Secretary of Energy Ernest Moniz (right) met together in Washington to discuss increased energy collaboration between the United States and Israel.

United States and Israel Team Up on Energy Cooperation

The United States and Israel will increase bilateral cooperation on energy issues, according to U.S. Secretary of Energy Ernest Moniz and Israeli Energy Minister Yuval Steinitz. During an Oct. 19 meeting in Washington, D.C., the Jerusalem Post reports that the two officials discussed increasing collaboration in areas including natural gas, water, protection from cyberattacks and civilian nuclear energy.

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United States and Israel Announce Joint Investment in Renewable Energy Projects

The energy arm of the U.S.-Israel Binational Industrial Research and Development Foundation (BIRD) will grant $5.1 million across six joint ventures, reports the Jerusalem Post. This year’s projects will focus on solar energy, energy efficiency, smart grid development and wind energy. U.S. Energy Secretary Ernest Moniz affirmed that the “partnership with Israel makes possible collaborative investments that move us closer to rigorous technology breakthroughs.”

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Israeli Prime Minister Signs Natural Gas Deal with U.S. and Israeli Companies

Israeli Prime Minister Benjamin Netanyahu signed a landmark natural gas deal that paves the way for U.S. and Israeli companies to develop Israel's offshore gas deposits, reports YNet News. The deal is expected to provide Israel with an important source of affordable gas over the coming decades and have a significant impact on its regional trade and relationships. “Not just Greece and Cyprus, whose leaders I'm going to meet in a few weeks. Jordan, and of course the Palestinian Authority as well, are interested. Turkey and Egypt are also interested, and we're discussing this with them," said Netanyahu. Israel announced the discovery of large offshore natural gas deposits five years ago.

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Israel and Jordan Unveil $800M Joint Initiative for ‘Red-Dead’ Canal

Israel and Jordan are moving forward with a plan to build a water-carrying canal, reports the Times of Israel. The canal will carry around 200 million cubic meters of seawater annually from the Red Sea to the Dead Sea, the world-famous body of water that is shrinking and in need of rehabilitation. “This is an exceptional environmental and diplomatic achievement that testifies more than anything to the fertile cooperation between the [two] countries,” said Israeli Interior Minister Silvan Shalom. The project will be supported by the World Bank, the United States and several European countries.

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Netanyahu to U.N. Climate Change Conference: Israel is Leading the Way

Speaking to some 150 world leaders at the United Nations Climate Change Conference in Paris, Israeli Prime Minister Benjamin Netanyahu highlighted Israel’s “leading role” in tackling climate change, reports the Times of Israel. “Understand that our rainfall in the 67 years of Israel’s independence has almost halved, our population has grown ten times, our GDP per capita has grown forty times. We have no water problem. We have learned to do more with less. This is what we as a planet must learn to do. We must learn to do more with less,” said Netanyahu. He also lauded Israel’s contributions to solar, agricultural and irrigation technology. “Israel is a small country with big ideas,” Netanyahu said in his closing remarks. “I believe that it’s not enough that we have those ideas, or that we apply those ideas in our own country. We are eager to share them with you, both individually and as a collective body as well.”

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