14.03.2012 20.Adar. 5772
Electricity prices likely to go up more than predicted over next few weeks, as offshore gas reserve is depleted.
Power prices are likely to increase by 9% over the next few weeks, despite the electricity authority's statement that they would go up by only 6.6%.
When it made its initial calculation, the energy regulator had not predicted that the Tethys Sea offshore gas reserve – currently Israel's main source of natural gas – would be depleting at such a rapid rate….