The power plant in Beit Shean Valley will include two large pools built at different levels.
A consortium including Kardan subsidiary Tahal Group and Triple R Energy, is planning to construct a pumped-storage hydroelectric power station at the Kochav Hayarden site in the Beit Shean Valley, at a total cost of NIS 140 million.
The consortium believes that it will be able to construct the pumped-storage power station upon receipt of the statutory and Public Utilities Authority (Electricity) approvals. The station will include two large pools built at different levels. Falling water from one pool to the other is utilized to generate power.
Two pumped-storage projects are planned in Israel. They will store energy for use in peak periods or during a malfunction in the electricity grid. Pumped-storage hydroelectric energy is considered non-polluting and makes optimal use of resources that are otherwise unusable. Pumped-storage stations exist in most western countries and constitute up to 15% of the world's electricity production capacity.
Published by Globes [online], Israel business news - www.globes.co.il - on September 26, 2006
© Copyright of Globes Publisher Itonut (1983) Ltd. 2006.