1 / 9

Reducing World Dependence on Oil in Transportation The Israeli OIL-FREE Initiative Sagi Dagan

The Israeli Prime Minister’s Office. Reducing World Dependence on Oil in Transportation The Israeli OIL-FREE Initiative Sagi Dagan. Increasing Global Oil Dependence. Asian oil demand VS. Middle East surplus. 2015. ME exports. Asia imports.

medea
Download Presentation

Reducing World Dependence on Oil in Transportation The Israeli OIL-FREE Initiative Sagi Dagan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The IsraeliPrime Minister’s Office Reducing World Dependence on Oil in Transportation The Israeli OIL-FREE Initiative Sagi Dagan

  2. Increasing Global Oil Dependence Asian oil demand VS. Middle East surplus 2015 ME exports Asia imports • Global oil dependence is due to transportation • Around 1 billion new cars will be sold by 2020 • Increasing dependence of Asia on oil from the Persian Gulf Source: lloyds 6/10

  3. Consequences of Oil Dependence

  4. Lack of Long Term Vision • Investment in alternatives to oil depends on oil price Source: IEA, Israeli institute for economic planning

  5. Main Fields of Oil Alternatives Technologies

  6. Israel has significant capabilities forDeveloping Oil Alternatives • Academic Research in the relevant scientific fields • Private Innovation and Investments in the field • Over 200 M$ already invested in 80 companies and start-ups in the last years, and around 1 B$ in EV Infrastructure Companies * • Relevant Israeli Industries • Agriculture and Agro-Industry • Bio-Technology • Chemistry and Chemical Engineering • Software, Electronics and Defense * Source: Israeli institute for economic planning

  7. The Israeli Oil-Free Initiative To become a global leader in energy R&D, and a catalyst for worldwide implementation of “Oil Alternatives”: Create local supply of innovation Increase global demand for innovation

  8. The Israeli Oil-Free Initiative:Open-Innovation for the world • Management and attention at the Prime Minister’s Office • Joint work of 9 government offices • Government Budget of over $ 400 Mln on R&D for 10 years • Implementation of Oil-Free technologies in the local market Partnerships with Leading Global Players Local Regulation & Incentives Creating a local “Test-Bed” Venture Capital Co-Investment Research Centers, R&D Grants

  9. Thank you

More Related