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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. Consequences of Oil Dependence. Main Fields of Oil Alternatives Technologies. Israel has significant capabilities for Developing Oil Alternatives.

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

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

  2. Consequences of Oil Dependence

  3. Main Fields of Oil Alternatives Technologies

  4. 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

  5. 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

  6. 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 Companies Local Regulation & Incentives Creating a local “Test-Bed” Venture Capital Co-Investment Research Centers, R&D Grants

  7. Thank you

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