Israel for Better Place

Comment

Comment by yuval Brandstetter MD on February 28, 2010 at 5:28am

I wish Ofer would go for the SunTower that Brightsource fields, or Aora sun-driven hot-air turbine to make theis electricity.

Comment by Marty on February 23, 2010 at 3:32pm

Israel Corp. to triple electricity production to 1200MW
Israel Corp aims to help meet the electricity needs of its electric car unit Better Place.
Amiram Barkat 23 Feb 10 17:16
Sources inform ''Globes'' that Ofer Holdings Group has made the strategic decision to boost electricity production by subsidiary Israel Corporation (TASE: ILCO) by up to three-fold, to 800-1,200 megawatts at an investment of more than $1 billion. This will easily make Israel Corp. the country's largest private electricity producer. Israel Corp. currently plans to produce 400 megawatts at private power stations. Power production will be organized through a new subsidiary IC Power Ltd., which will be managed by Shuki Gold, a former VP at Israel Corp. subsidiary Israel Chemicals Ltd. (TASE: ICL).

By becoming a private power company, Israel Corp will be able to help meet the electricity needs of Shay Agassi's electric car venture Better Place LLC, in which it owns a 33% stake. Better Place will reportedly need 2,400 megawatts when its nationwide network of recharging stations is completed. Israel Corp chairman Idan Ofer is also the chairman of Better Place.

The decision also signals new interest in the private electricity market, which has stagnated for the past decade due to bureaucratic obstacles and difficulties in obtaining bank financing for private power stations.

Israel Corp. is following Yitzhak Tshuva's Delek Group Ltd. (TASE: DLEKG) in making the strategic decision to expand its power production. Delek Group unit Delek Infrastructures Ltd. currently operates a small power plant near the Ashkelon desalination plant, in which Delek Group is a partner through IDE Technologies Ltd., and is in involved in the building of four more.

However, in contrast to Delek Group, Israel Corp. power production expansion faces no regulatory obstacles. The Antitrust Authority is jeopardizing Tshuva's plans on the grounds that they could harm competition because Delek Group is a natural gas producer through Yam Tethys, and in future from the Tamar and Dalit gas fields.

Israel Corp. subsidiary OPC Rotem Ltd. is a party in the construction of the 400-MW power plant at Mishor Rotem, which is due to come on line in 2012. Israel Corp. owns 80% of OPC and Veolia Environnement SA (NYSE: VE; Euronext: VIE) subsidiary Dalkia Israel Ltd. owns 20%. Israel Corp. is also reviewing options to build new power stations at subsidiaries, including a 200-MW plant at Israel Chemicals' Dead Sea Works factory and a 200-400-MW plant at Oil Refineries Ltd. (TASE:ORL) site in Haifa.

For over a year, Israel Corp. has been in talks to procure natural gas for its subsidiaries and power stations with East Mediterranean Gas Co. (EMG) and with the Tamar partners. Israel Corp. needs 2 billion cubic meters of gas a year for the Rotem Power Station, Israel Chemicals plants, and Oil Refineries.

In a related development, natural gas turbine manufacturers Siemens AG (NYSE: SI; XETRA: SIE), Alstom SA (Euronext: ALO), General Electric Company (NYSE: GE), and Mitsubishi Power Systems Ltd. have submitted bids in OPC's $400-500 million engineering, procurement and construction (EPC) for the Mishor Rotem power station.

Published by Globes [online], Israel business news - www.globes-online.com - on February 23, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

Comment by smiles on February 18, 2010 at 3:33pm

So here are all the electrical things that can vary.
each little guy is a 16 amp fuse and the big one on the left looks like a 40 amp.
the better place box takes 30 amp so i need to give better place access to 3 wires near where i put the car ? 3 x 16 is 48 . does that make sense? or am i dreaming. the reason i am working this out now is because we run wires threw solid concreate walls and i would rather do drilling now then do it later!!
if Yuval can be kind to explain to me if i messed up , i would be happy to hear.
Note, just to put an air conditioner in my apartment , i upgraded the electricty from one phase to three phase.
now i don't know how much juice the whole board can take but it looks like i have three fuses of space left. i will check with contractor in the morning.
be blessed
fs

Comment by smiles on February 18, 2010 at 3:28pm

Comment by smiles on February 18, 2010 at 3:28pm

thanks yuval but i actually saw a better place charger thing and it says it needs 50 amp to charge two cars. ( 50 amp in ) here look at the picture.
according to the fuses on my house , they are rated at 16 amp which means i need to drag 4 wires off a electric board to have enough juice to give to the box or am i missing something??

Comment by yuval Brandstetter MD on February 16, 2010 at 4:38am

Forget the wall charger. The charging apparatus Better Place will field is an extension of the System, not a battery charger. Its computer controlled, and will deliver at least 20 KWH, like 4 whole-house airconditioners. So dont fret. Build your house as a normal house and let BP wory about the specifics when yopu are ready to sign on the Service Contract.

Comment by smiles on February 15, 2010 at 1:39pm

anyone what kind of electricity you need from the wall to charge the car.
i am doing some construction and what to know how many wires off the board 3 phase electricity we should reserve for the car!

Comment by Joseph Vinisky on February 8, 2010 at 9:13am

Alavai dozens).
The truth is, any talk of ceding land whets their appetite.
Just refraining form doing that will go a long ways.

Comment by yuval Brandstetter MD on February 8, 2010 at 8:59am

I dont know about peace, because they still produce children by the dozen, most of whom are susceptible to Islamist supremacy propaganda. The difference is no one will care if they get their butts kicked.

Comment by Joseph Vinisky on February 7, 2010 at 1:16pm

Cool. Whatever it takes to stop being dependent on these low-lifes for energy.
Their chutzpah is directly proportionate to our dependence on their oil. Zero dependence will also mean instantaneous peace in the M.E.

• ‹ Previous
• 1
• 2
• 3
• 4
• Next ›
• Page