Israel Business and Energy Conference 2010

F i n a n c i a l & S t r a t e g i c C o n s u l t i n g

Israel Business and Energy Conference 2010 Secure and Clean Energy

O ct o b e r 1 8 - 1 9 , 2 0 1 0 K f a r H a m a c c a b i ya H o t e l , R a m a t G a n , I s r a e l

M o n d a y, O c t o b e r 1 8 , 2 0 1 0

G a t h e r i n g , r e g i s t r a t i o n a n d e x h i b i t i o n t o u r 0 9 : 0 0 – 0 8 : 0 0

P l e n a r y S e s s i o n : S a f e a n d C l e a n E n e r g y 1 1 : 0 0 – 0 9 : 0 0

: I n t r o d u c t i o n L e c t u r e s

D r . Am i t M o r , C E O , E c o E n e r g y

D r . U z i L a n d a u , M i n i s t e r o f N a t i o n a l I n f r a s t r u c t u r e s

S e c u r e E n e r g y S u p p l y

H o s t : D r . Am i t M o r , C E O , E c o E n e r g y

M r . Y o s s i M a i m a n , P r e s i d e n t , M e r h a v G r o u p a n d C h a i r m a n o f A m p a l

M r . L a w s o n F r e e m a n , V i c e P r e s i d e n t o f E a s t e r n M e d i t e r r a n e a n , N o b l e E n e r g y

M r . G i d e o n T a d m o r , C E O , D e l e k E n e r g y S y s t e m s

P r o f . E u g e n e K e n d a l , H e a d o f N a t i o n a l E c o n o m i c C o u n c i l , P r i m e M i n i s t e r ' s O f f i c e

B r i g a d i e r G e n e r a l ( R e s . ) E f f i e E i t a m , P r e s i d e n t , G i n i E n e r g y I n t e r n a t i o n a l , f o r m e r M i n i s t e r o f N a t i o n a l I n f r a s t r u c t u r e s

B r i g a d i e r G e n e r a l ( R e s . ) U z i E i l a m , S e n i o r R e s e a r c h F e l l o w , T h e I n s t i t u t e o f N a t i o n a l S e c u r i t y S t u d i e s , f o r m e r C h a i r m a n o f t h e A t o m i c E n e r g y C o m m i s s i o n

( M r . Am o s L a s k e r , C E O , I s r a e l E l e c t r i c C o r p . ( I E C

: P l e n a r y S e s s i o n 1 3 : 0 0 – 1 1 : 3 0

* * S t r a t e g i e s t o R e d u c e G r e e n h o u s e G a s : I s r a e l a n d t h e W o r l d

I n t r o d u c t i o n L e c t u r e : M K G i l a d E r d a n , M i n i s t e r o f E n v i r o n m e n t a l P r o t e c t i o n

H o s t : D r . Y o s s i I n b a r , D i r e c t o r - G e n e r a l , M i n i s t r y o f E n v i r o n m e n t a l P r o t e c t i o n 1

F i n a n c i a l & S t r a t e g i c C o n s u l t i n g M r . H a i m S h a n i , D i r e c t o r - G e n e r a l , M i n i s t r y o f F i n a n c e

M s . E i l e e n C l a u s s e n , P r e s i d e n t , t h e P e w C e n t e r o n G l o b a l C l i m a t e C h a n g e , W a s h i n g t o n D . C .

1 3 : 0 0 – 1 4 : 0 0 L u n c h

1 4 : 0 0 – 1 5 : 2 5 P a r a l l e l S e s s i o n s A

The Israeli and international fuel Reducing greenhouse gas Oil shale – national energy economy emissions – technologies and resource ** smart grid  Changes in trade, distillation and  Oil and natural gas reserves from storage of fuel in international  Strategies of streamlining oil shale markets and saving – the international experience  Technologies for the production  Obstacles to competition in the of oil and natural gas fuel economy  Policy and implementation of Smart Grid  The benefits and challenges for  The fuel economy and the the economy from oil shale environment Speakers: production Speakers: C h a i r w o m a n : M s . S h u l i Speakers: N e z e r , D i r e c t o r , D i v i s i o n Opening presentation: Chairman: Dr. Shlomo Wald, chief o f A i r Q u a l i t y a n d Scientist, Ministry of National C l i m a t e C h a n g e Mr. Tony Quinn, Director, Tankbank Infrastructure International Pte M r . R i c h a r d B r a d l e y, Dr. Harold Vinegar, Chief Scientist, Chairman: Mr. Israel Yaniv, CEO, H e a d , E n e r g y E f f i c i e n c y Israel energy Initiative Dor Alon Energy a n d E n v i r o n m e n t D i v i s i o n , I n t e r n a t i o n a l Prof. Zeev Aizenshtat, Institute of Major-General (Res.) Amos Yaron, E n e r g y A g e n c y ( I E A ( , Chemistry, the Hebrew University, CEO, Eilat Ashkelon Pipeline Co. P a r i s Jerusalem (EAPC) Mr. Franzjosef Schafhausen, Dr. Yaakov Mimran, Director, Natural Resources Licensing Administration, Deputy Director General, Mr. Chen Bar-Yosef, Director of Ministry of National Infrastructures Fuel Administration, the Ministry of Environment and Energy, National Infrastructures Federal Ministry of Environment, Nature Conservation, Nuclear Response: Adv. Amit Bracha, Mr. Tamir Polikar, Former CEO, Safety (BMU), Berlin Director, Israel's Union for Sonol Environmental Defense Mr. Louis de Bruin, Energy & Utilities Solutions Leader SouthWest Europe, IBM Software Group, Amsterdam Dr. Mark Feldman, CEO, Space Time Insight (STI), USA Mr. Bonny Shapira, Business Development Manager, Energy Management & Smart Grid, Borderless Network – Europe,

F i n a n c i a l & S t r a t e g i c C o n s u l t i n g CISCO Israel

1 5 : 2 0 – 1 5 : 3 5 B r e a k

1 5 : 3 5 – 1 7 : 0 0 P a r a l l e l S e s s i o n s B

C lean transportation: LPG, natural Reducing greenhouse gas Investments and project funding in gas and electricity emissions: technologies and the energy economy **energetic streamlining  Gasoline and diesel-powered  Funding of natural gas and cars – the end of an era?  Strategies for streamlining electricity infrastructures projects and saving – the  Hybrid car or electric car? international experience  Funding renewable energy projects  LPG and natural gas-powered  Energetic streamlining:  Raising funds through stock vehicle Israel's policy exchange issuances for the public and institutional investors  Biological fuels for transportation  Funding cleantech research  The energy component in the Speakers: and development investment portfolios of public and MK Israel Katz, Minister of Speakers: institutional investors' Transportation* Chairman: Mr. Alex Kushnir, Speakers: Prof. Eran Sher, Ben Gurion Deputy Director-General, Water, Chairman: Mr. Yossi Zinger, CEO, University* Energy and Infrastructures, Ministry of National Granit Hacarmel Mr. Eli Misgav, CEO, Dor Alon Gas Infrastructures* Ms. Irit Eluz, Vice President Finance, Technologies Ms. Eileen Claussen, President Ampal Mr. Guy Silberman, Vice President of the Pew Center on Global Ms. Miriam Gez, Customer Relations Marketing, Delek N.G. Marketing and Climate Change, Washington Manager, Project Funding Team, Bank Distribution D.C. Hapoalim Dr. Dan Weinstock, Better Place Mr. Zeev Gross, Head of Mr. Itzik Tovi, Head of Infrastructure Mr. Udi Tamir, CEO, Gaspro Resources Infrastructure Sector, Corporate Division, Bank Leumi Management, Ministry of Engineer Avner Flor, Director, Motor National Infrastructures CPA Eitan Glazer, Partner, PWC Vehicle Division, Ministry of Kesselman & Kesselman* Transportation Mr. Itay Zetelny, Cleantech Leader, Ernst &Young Mr. Yossi Gvura, Vice President Mr. Eran Yaacov, Vice President, Finance, Delek Energy Systems Planning and Economics, Israel Tax Mr. Omri Levin, CEO, Philips Mr. Gil Shabtai, Deputy Accountant Authority, Ministry of Finance Electronics (Israel) General, Ministry of Finance* Mr. Avi Moshel, Deputy Head of Air Mr. Eliezer Tokman, CEO, Quality and Climate Change Division, Siemens Israel Ministry of Environmental Protection

E n d o f f i r s t d a y 1 7 : 0 0

Tu e s d a y, O c t o b e r 1 9 , 2 0 1 0

0 8 : 0 0 – 0 9 : 0 0 G a t h e r i n g , r e g i s t r a t i o n a n d e x h i b i t i o n t o u r

0 9 : 0 0 – 1 0 : 3 0 P l e n a r y S e s s i o n : R e g i o n a l C o o p e r a t i o n i n t h e F i e l d o f E n e r g y H o s t : D r . Am i t M o r , C E O , E c o E n e r g y D r . N i m r o d N o v i k , S e n i o r V P , M e r h a v G r o u p D r . Y o r a m T u r b o w i t z , C h a i r m a n , D e l e k E n e r g y S y s t e m s D r . P i e r r e Au d i n e t , S e n i o r E n e r g y E c o n o m i s t , T h e W o r l d B a n k , W a s h i n g t o n , D . C .

B u s i n e s s e x e c u t i v e s a n d r e p r e s e n t a t i v e s o f t h e c o u n t r i e s i n t h e r e g i o n a n d i n t e r n a t i o n a l o r g a n i z a t i o n s w i l l a t t e n d t h e s e s s i o n

1 0 : 3 0 – 1 1 : 0 0 C o f f e e B r e a k

1 1 : 0 0 – 1 2 : 3 0

?Israel – natural gas and oil superpower R enewable energies in Israel – challenges and obstacles  Will the exploration momentum continue?  Land policy for construction of solar power  Assessments of additional discoveries – is there a stations and wind turbines market for Israeli gas discoveries?  Required tariffs and incentives  Are there export options for natural gas?  The large tenders  Is LNG imports required?  Will Israel reach the target of 10% power  Is there a potential for commercial oil discoveries? generation by renewable energy by 2020?  Taxation and royalties considerations related to Opening lecture: Mr. Shaul Zemach, Director- investments in oil and gas exploration and General, Ministry of National Infrastructures production Speakers: :Speakers Chairman: Prof. Yaakov Karni, The Weizmann Chairman: Dr. Yaakov Mimran, Director, Natural Institute Resources Licensing Administration, Ministry of National Infrastructures Mr. Moshe Bachar, Deputy CEO, Israel Electric Corp. Mr. Ohad Marani, CEO, Hachshara Energy of Dr. Eli Ben-Dov, CEO, Afcon E.B Wind Energy ILDC Group and chairman of Emanuel Mr. Noam Ilan, Co-CEO, Eilat-Eilot Renewable partnership Energy 4 S e n i o r D i r e c t o r

F i n a n c i a l & S t r a t e g i c C o n s u l t i n g Adv. Renelle Joffe, Partner, Meitar Liquornik Mr. Efraim Shlain, Senior Director, Planning National Geva & Leshem Brandwein Law Firm Infrastructure, Ministry of the Interior Mr. Yossi Abo, Director, Trade and Regulation, Mr. Oded Agmon, Public Utilities Authority – Delek Energy Systems *Electricity CPA Shlomo Alfia, Managing Partner, Alfia & Mr. Nir Papay, Director, Environmental Protection .Alfia c.p.a Division, The Society for Preservation of Nature Mr. Tuvia Luskin, Givot Olam Mr. Moty Kuperberg, Director Oil & Gas, Dynamic Shipping

L u n c h 1 3 : 3 0 – 1 2 : 3 0

P a r a l l e l S e s s i o n s B 1 5 : 0 0 – 1 3 : 3 0

Transmission, distribution and Analysts discussion The energy and water economy marketing of natural gas  Panel of leading analysts  Energy – a leverage for the  Gas transmission – when will it reviewing energy companies development of the water reach all power stations and large that are traded in Israel's economy consumers? stock exchange  Energy and water tariffs  Distribution tenders: when will the Speakers: gas reach the industrial areas?  Desalination, electricity and Chairman: Mr. Shimon Seroussi, natural gas  What is the model of contract with Director, Eco Energy the client?  Correct treatment of scale – Mr. Yoav Burgan, Head, Sell saving for water consumers,  Conversion of clients in industrial Side Department, Poalim Sahar the energy economy and for and service sectors into natural Mr. Gil Bashan, Analyst, clean environment gas Research Department, IBI Speakers: Speakers: Mr. Yaron Zer, Senior Analyst, Chairman: Mr. Ido Rosolio, CEO, Chairman: Adv. Moshe Shachal, Clal Finance Brokerage Mekorot National Water Company former Minister of Energy and Mr. Eran Unger, Energy Analyst, Mr. Gilad Fernandes, Senior Infrastructures Migdal Capital Markets Deputy for Economic Affairs to the Mr. Shmuel Turgeman, CEO, Israel Mr. Tal Shirizly, Analyst, Psagot* Director General Natural Gas Lines Mr. Alex Kushnir, Deputy Director- Adv. Uri Noy, Senior Partner, Erdinast General, Water, Energy and Ben Nathan & Co., Advocates Infrastructures, Ministry of National Infrastructures Mr. Ronen Hadash, CEO, Delek N.G. Marketing and Distribution Dr. Yigal Kadar, Manager, Systems Engineering Energy, Mr. Hagai Miller, Vice President Mekorot National Water Company Finance and Business Development, Supergas – an Israeli company for gas Mr. Shimon Radlich, CEO, Tamhil distribution Systems

B r e a k 1 5 : 1 0 – 1 5 : 0 0

: P l e n a r y S e s s i o n 1 5 : 3 0 – 1 5 : 1 0 D r . Y u v a l S t e i n i t z , M i n i s t e r o f F i n a n c e

: P l e n a r y S e s s i o n 1 7 : 0 0 – 1 5 : 3 0 I s r a e l ' s f u t u r e e l e c t r i c i t y e c o n o m y  F u e l b a s k e t a n d d e v e l o p m e n t p l a n s  S t r u c t u r a l c h a n g e i n t h e e l e c t r i c i t y e c o n o m y ?  P r i v a t e p o w e r g e n e r a t i o n – a r i s i n g m a r k e t ?  E l e c t r i c i t y t a r i f f s i n I s r a e l – w h e r e i s i t h e a d e d ?  I E C ' s f i n a n c i a l s t a b i l i t y – w h a t i s r e q u i r e d ?  I s a r e v i s i o n n e e d e d i n t h e r e g u l a t i o n o f t h e e l e c t r i c i t y s e c t o r ?

H o s t : D r . Am i t M o r , C E O , E c o E n e r g y M r . Am o s L a s k e r , C E O , I s r a e l E l e c t r i c C o r p o r a t i o n ( I E C ) M r . H a r a n L e v a o t , M a n a g e r o f E n e r g y S e c t o r , B u d g e t D e p t . , M i n i s t r y o f F i n a n c e D r . Y e h u d a N i v , D i r e c t o r , E l e c t r i c i t y A u t h o r i t y , M i n i s t r y o f N a t i o n a l I n f r a s t r u c t u r e s A d v . M o s h e S h a h a l , f o r m e r M i n i s t e r o f E n e r g y a n d I n f r a s t r u c t u r e s M r . S h r a g a B r o s h , P r e s i d e n t , M a n u f a c t u r e r s A s s o c i a t i o n o f I s r a e l M r . Am n o n S h a p i r a , C h a i r m a n , P u b l i c U t i l i t i e s A u t h o r i t y – E l e c t r i c i t y M r . J o h n B e s a n t - J o n e s , P r i n c i p a l E n e r g y E c o n o m i s t , W o r l d B a n k , W a s h i n g t o n , D . C .

1 7 : 0 0 C o n f e r e n c e a d j o u r n e d

F i n a n c i a l & S t r a t e g i c C o n s u l t i n g * T o b e c o n f i r m e d * * S e s s i o n i n c o o p e r a t i o n w i t h t h e M i n i s t r y o f E n v i r o n m e n t a l P r o t e c t i o n T h e p r o g r a m i s s u b j e c t t o c h a n g e S i m u l t a n e o u s t r a n s l a t i o n f r o m H e b r e w t o E n g l i s h w i l l b e a v a i l a b l e