Key Market Indicators
Israeli energy consumption is projected to hit 1.18 exajoules by 2028, up from 1.11 exajoules in 2023. This marks an average annual growth rate of 1%. Since 1970, the country's energy demand has increased at an average rate of 1.1% per year. In the global rankings for 2023, Israel was positioned at number 54, with Greece surpassing it at 1.11 exajoules. The top spots in the ranking were claimed by the United States, India, and Russia, holding the second, third, and fourth positions, respectively.