חוק משק החשמל (תיקון מס' 16 והוראת שעה), התשע"ח-2018Law on Electricity Market (Amendment No. 16 and temporary provision), 2018 · automatic translation · suggest a correction

Official summary of the law (Knesset)

The Law was passed in its second and third readings on 19 July 2018, and it amends the Electricity Sector Law, 1996. The amendment anchors arrangements that are part of a comprehensive and significant reform both in the Israel Electric Corporation Ltd. and in the Israeli electricity sector as a whole. As part of the reform in the electricity sector, the amendment anchors arrangements that open the electricity generation and electricity supply segments to the household consumer to competition. According to the amendment, the Electric Corporation will remain a monopoly in the transmission and distribution segments, but the management of the electricity sector, its optimization and control, as well as future planning of the electricity sector, will be transferred from the Electric Corporation to another government company - the System Management Company Ltd. In addition, in order to ensure competition in the generation segment, and in accordance with the amendment, the Electric Corporation will sell a significant portion of its generation units, on dates set in the amendment (subject to limited extension periods defined therein). The amendment also establishes exemptions from licensing obligations for certain actions under certain circumstances, an obligation to transfer information from the Electric Corporation to the System Management Company and from it to supply license holders (under the conditions set in the amendment), arrangements concerning the entry of a license holder onto private land in order to perform an urgent action, and an obligation on a license holder who enters private land and causes damage to it to compensate the landowner for the damage caused to him.

automatic translation · suggest a correction