It’s not just Abu Dhabi looking to build a nuclear power plant for generating electricity. According to the business newspaper Globes, Israel is considering building a nuclear power plant of its own in the Negev desert region.
Instead of looking to cleaner energy sources, the Israel Electric Company (IEC) says it is mulling the idea of building a nuclear fuel power station as an option instead of a coal fueled one.
According to IEC’s deputy CEO and VP of production and transport, Moshe Bachar, the transition to environmentally friendly energy sources was essential, and that higher electricity rates were inevitable.
“The era of cheap electricity is over,” he said. More >>>