Energy Policy Formulation in Israel Following its Recent Gas Discoveries

Authors

  • Athanasios Dagoumas University of Piraeus
  • Floros Flouros

Abstract

The development of gas in the Tamar and Leviathan fields is a turning point for Israeli energy policy, as its government decided not only to enhance its energy security but also to become an energy exporter. This paper examines the factors that affect the formulation of energy policy in Israel. Initially, it examines the internal and external environment of Israel, assessing the evolution of policy, regulatory and competition issues related to the recent discoveries in its territory. Then it presents a qualitative research, undertaken in 2015, based on the responses of regional energy experts. The discoveries are not considered “a black swan” that change regional energy markets, but they are likely to be affect local energy systems. The paper demonstrates that Israel's energy policy will be evaluated mainly based on its techno-economic feasibility, considering that its energy policy does not strengthen political tensions while any progress in resolving the region's political disputes should be viewed as an unexpected gain.Keywords: Israel, Energy Policy, Energy Resources.JEL Classifications: Q40, Q48, N55

Downloads

Download data is not yet available.

Author Biography

Athanasios Dagoumas, University of Piraeus

Assistant Professor in Energy & Resourse Economics

Downloads

Published

2017-01-17

How to Cite

Dagoumas, A., & Flouros, F. (2017). Energy Policy Formulation in Israel Following its Recent Gas Discoveries. International Journal of Energy Economics and Policy, 7(1), 19–30. Retrieved from https://econjournals.com.tr/index.php/ijeep/article/view/3357

Issue

Vol. 7 No. 1 (2017)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.