The institute will be led by a joint steering committee of the Ministry of Energy, the research institutions, and outside parties. The steering committee will be headed by Ministry of Energy Chief Scientist Dr. Gideon Friedman. Prof. Doron Aurbach, Scientific Director of Bar-Ilan University's Energy and Sustainability Center, and Prof. Yoed Tsur, Director of the Grand Technion Energy Program (GTEP), will head the new national energy institute.

The institute will be established with a budget of approximately NIS 130 million for five years, of which the Ministry of Energy will invest NIS 100 million and the winning institutions have pledged to invest an additional NIS 30 million. The Ministry's investment will enable the purchase of expensive research infrastructure and the establishment of new laboratories.

With conventional technologies, growing energy consumption causes greenhouse gas emissions and climate change. The goal set by the State of Israel for 2050 is a national energy economy free of greenhouse gas emissions. The way to reach this goal is through a transition to renewable energy sources, such as the sun and wind. Energy production from these sources isn’t steady but fluctuates throughout the day. Therefore, the development of novel technologies for storing energy in large quantities is required. This will be one of the main tasks of the new institute.

The institute will engage in research in the following areas, among others: sodium-ion batteries that can be less expensive and more available than lithium-ion batteries; improving fuel cell performance; producing green hydrogen efficiently and storing it safely and conveniently; solid-state batteries free of liquid and safer; metal-air based batteries such as iron and zinc that have a very high energy density; novel cables with an increased ability to convey electrical energy and very high power density; and flow batteries that have a large storage capacity.

The field of energy storage is of great importance for the transition of the economy to clean energy. Energy storage will allow an increasing integration of renewable energy, which is only available during part of the day.

Dr. Gideon Friedman, Chief Scientist of the Ministry of Energy: "The field of large-scale energy storage is one of the most important challenges for the strong integration of renewable energies. The new energy institute will enable Israel to become a leader in the field, in continuation of the Ministry's additional efforts in the field of storage. For the first time, an institute is being established that will be led by a steering committee comprised of a combination of members of academia, industry, and government."

Bar-Ilan University President Prof. Arie Zaban, an expert in renewable energy, said that the climate crisis is no longer just about articles in the professional literature, but a matter that's affecting our daily lives. "The transition to the use of renewable energy with significant storage capacity is a key component in dealing with the climate crisis. At the same time, it will bring the State of Israel energy independence and security. I thank the Ministry of Energy for its significant trust in the research teams and for this special cooperation between the Technion and Bar-Ilan University."

Technion President Prof. Uri Sivan welcomed the Ministry of Energy's initiative and its support and said that "dealing with the climate crisis, one of the key challenges of the 21st century, requires multidisciplinary collaborations that cross disciplinary and institutional boundaries. The climate crisis is to a large extent an energy crisis. Dealing with it requires broad academic cooperation and partnerships with industry and government offices. Within the institute, innovative research infrastructures will be established that will serve all researchers in Israel. This is very significant news and I have no doubt that this move, initiated by the Ministry of Energy, will lead us to a better, cleaner, and healthier future."