Key Market Indicators
Israel's electricity generation is projected to climb to approximately 85 terawatt-hours by 2028, marking a steady increase from around 78 terawatt-hours in 2023. This growth represents a compound annual growth rate (CAGR) of 1.5%. Since 1990, Israel's electricity supply has consistently grown, averaging an annual increase of 2.3%. As of 2023, Israel ranked 44th globally in electricity generation. Notably, Venezuela surpassed Israel with an equal generation of 78 terawatt-hours. In the global rankings, the United States, India, and Russia occupied the second, third, and fourth positions, respectively.
