About Israel Gravity Energy Storage Power Station
Located near the northern Israeli city of Beit She’an, the facility is the lowest-altitude power plant of its kind in the world. The station features an upper reservoir, a water conveyance system, an underground powerhouse, a lower reservoir, and a central building/switchyard.
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About Israel Gravity Energy Storage Power Station video introduction
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3 FAQs about [Israel Gravity Energy Storage Power Station]
Is it possible to build a hydroelectric storage power station in Israel?
The Israel Electric Corporation (IEC) evaluated the feasibility of building a hydroelectric storage power station in Israel, specifically an 800 MW station at Nahal Parsa located at the south-west of the Dead Sea, in the 1990s.
How much does Electra Energy's pumped storage project cost?
The project is being built within approximately 5 years, at a cost of some NIS 2 billion. Electra Energy's share in the pumped storage project is 25% in the EPC work.
Does a pumped storage project fit Electra's lifecycle concept?
Yohanan Or, CEO of Electra Concessions, explains: "A pumped storage project perfectly suits Electra's lifecycle concept. We initiate and arrange financing for projects by Electra Group companies.
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