Noga

Minister of Energy Eli Cohen has opposed the appointment of Gilad Bar-Adon as CEO of Noga. The minister argues that the candidate lacks the necessary expertise in the electricity sector.

A document from the Noga company, recently published on the government website, reveals 100 requests to connect server farms across the country, involving real estate and retail giants. In the background: the surge in the use of artificial intelligence and cloud services, which creates unprecedented demand for electricity and puts the power grid to a dramatic test.

Stella Weinstein, who previously led the Yamina party, has been chosen to head Noga, a new subsidiary of Migdalei HaYam HaTichon that will offer comprehensive and innovative services for retirees.

The Electricity Authority and the Noga company are publishing a hearing for a new pricing method for private electricity producers. The tariff will rise, alongside a reduction in compensation and payments they currently receive. The rationale: increasing certainty that will allow for an increase in production capacity in the medium and long term. The implications in the short term: a possible...

An extreme heatwave is expected to hit Israel over the weekend, and the electricity system is preparing for a sharp rise in demand following the increased use of air conditioners and household electrical appliances. The increase in consumption may strain the system and even lead to localized malfunctions or overloads in the grid.

The Haifa District Court has authorized Noga to offset 75 million NIS from PSP Investments due to the shutdown of a pumped-storage facility. These funds will be redirected to benefit electricity consumers.