Gaza faces $977M in power losses and major network damage
The electricity distribution sector in Gaza has been significantly impacted, with over 85% of the networks damaged and more than 70% of buildings and facilities affected. The initial losses amount to approximately $977 million. Additionally, the estimated losses from energy that cannot be supplied amount to around 2.2 billion kilowatt-hours. The sector faces difficulties in restoring its system due to strict Israeli restrictions on the entry of fuel and equipment, which limits electricity access to less than 20% of the population. The cost per kilowatt has reached 30 shekels, and the price of oil for generators has surged to about $1,000.
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