The electricity sector in Israel involves the generation, transmission, distribution, and supply of electric power to approximately 3 million customers, with the state-owned Israel Electric Corporation (IEC) holding a statutory monopoly on transmission and distribution networks. The electricity sector in Israel involves the generation, transmission, distribution, and supply of electric power to approximately 3 million customers, with the state-owned Israel Electric Corporation (IEC) holding a statutory monopoly on transmission and distribution networks. The electricity sector in Israel encompasses the production, transmission, and distribution of electricity within the State of Israel and territories under its control. The supply of electricity is entirely regulated by the government of Israel, with every operation requiring approval from the. Since taking office, I have been leading a comprehensive program amounting to tens of billions of shekels for the development of the local electricity sector in light of the understanding that the Electricity Authority is becoming the most critical national infrastructure due to the increase in the. In 2040, 13. 2 million people are expected to live in Israel (in comparison to 9. Israel's domestic energy demand will increase significantly in coming years as Israel has announced plans to move to lower emission sources for power generation and. ous development plans that have not yet been implemented. Rapid development is needed in both the production and network segments and is accompanied by technological challenges that must be addressed in order to ensure reliable, high-quality, and accessible electricit (transmission and. The Israel Electric Corporation Limited ('IEC') is a globally recognized leader with a track record of 100 years of operational excellence.