Israel's gas reserves expected to run dry in 20 years, report says

Israel"s gas reserves are projected to be depleted within 20 years, according to an inter-ministerial report cited by Haaretz. Gas currently serves as the primary energy source for the country, accounting for 70% of its electricity generation, while renewables contribute 14%. The Israeli government is in the process of phasing out coal.

Even if Israel achieves its goal of 50% renewable energy by 2040, gas is expected to remain the dominant energy source. The Israeli Energy Ministry has plans to construct 13 new gas-fired power plants over the next decade.

Several potential solutions to the impending energy shortage have been discussed. Transitioning to renewable energy, particularly solar power, faces significant challenges, including high land requirements and the cost of storage batteries for nighttime use. Additionally, a single cloudy day could lead to widespread power outages.

Nuclear power has been considered as a viable option for a stable electricity supply; however, no sites have been approved for construction, and past attempts to establish new gas plants or wind projects have faced public opposition and legal challenges. The construction of a nuclear reactor is estimated to cost tens of billions and take decades to complete.

Hydrogen energy has also been mentioned as a future possibility, but current production methods, such as "gray" hydrogen, are environmentally harmful. More sustainable forms of hydrogen, like "turquoise" or renewable-based hydrogen, are significantly more expensive and would require extensive solar infrastructure in Israel. Importing hydrogen presents additional logistical challenges, as existing pipelines are not suitable for hydrogen transport.

In light of these challenges, there are concerns that Israel may resort to utilizing Palestinian and regional resources to meet its energy needs.