Israel Energy Initiatives (IEI)
Clean Transportation Fuels from Oil Shale
Company Overview
Snapshot
Founded in January 2008, Israel Energy Initiatives (IEI) operates with 11–50 employees. The company is currently in a Pre-Funding stage. In September 2014, the Jerusalem District Committee rejected IEI's oil shale pilot project in the Shfela basin.
Business overview
Israel Energy Initiatives (IEI) is an Israeli company focused on developing clean transportation fuels from oil shale. The company utilizes an In-Situ conversion technology to extract oil from shale deposits, specifically targeting the Shfela basin in Israel, which holds significant oil shale reserves. IEI operates within the Energy Tech sector, with a focus on sustainable energy production and serving the utilities market, particularly in electricity.
Strategic signal
In September 2014, the Jerusalem District Committee rejected Israel Energy Initiatives' (IEI) proposed oil shale pilot project in the Shfela basin. This decision signals a significant regulatory hurdle for the company's core development efforts, indicating potential challenges in securing local approvals for its In-Situ conversion technology and impacting its immediate operational trajectory.
Company Intelligence Q&A
- What is Israel Energy Initiatives' core focus?
- Israel Energy Initiatives (IEI) is focused on producing clean transportation fuels from oil shale using its proprietary In-Situ conversion technology.
- What was the outcome of the proposed oil shale pilot project in the Shfela basin?
- In September 2014, the Jerusalem District Committee rejected Israel Energy Initiatives' (IEI) oil shale pilot project in the Shfela basin.
- What is the company's status?
- Israel Energy Initiatives (IEI) has been non-active since December 2014.
- What is the company's employee count?
- Israel Energy Initiatives (IEI) operates with 11–50 employees.
- What is the company's product stage?
- Israel Energy Initiatives (IEI) is currently in the R&D product stage, working on developing its In-Situ conversion technology for extracting oil from shale deposits.