No government aid was required for the project. It was funded entirely by Israeli venture capitalists. The cost of the electricity generated is approximately 8 cents per kilowatt hour. This price is slightly less than the cost for electricity provided by the main power supplier in Israel, the Israeli Electric Corporation.

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It may sound simplistic, but Israeli President Shimon Peres makes a good point;  “The problem itself (terror and Iran), is like a swamp with mosquitos.  It’s preferable to dry out the swamp than try to kill every single mosquito.”

While meeting with representatives of the students’ village in the town of Dimona, Peres said;

“When the price of oil rises, the terrorist organizations feel better; the feeling needs to be brought back down.  The way to bring Iran, Venezuela and even Russia in some respects down, is to lower the price of oil.  Attacking oil fields is foolish.  We can attack with energy, meaning create alternative energy.”

Peres made the statement during a celebration of his 85th birthday Dimona, Israel, a town he described as, “one of the most beautiful towns in Israel, a town that is number one in education and urban development.”  He said residents of the community have excelled in turning the desert wilderness into a “beautiful and wonderful town unparalleled in Jewish history.”

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Image: ynet news.com