Participating in energy transition: The case of Israel

As Nakasawa’s executive and CEO, one of my biggest concerns is how to continue adding value to our clients and the industry we work in. And whenever I ask myself this question, I come around to the same idea: What does it mean to generate value?

Reflecting on this, I have come to the conclusion that, in a constant-changing world where we are dealing with challenges that will define our future, if we stop to reflect and look closely at what we believe gives us value, we can identify two clear attributes: adaptation and responsibility. And that is why these two values define Nakasawa’s model of work and behavior.

However, today I do not want to talk about Nakasawa Resources, but rather focus on  Israel’s announcement that by 2030 the country will produce 30% of its energy from renewables. As Energy Minister Dr. Yuval Steinitz said: “Towards the end of the process, in about seven years, Israel can reach the first place worldwide in the amount of electricity produced from solar energy. If they manage to achieve this goal, Israel would be adding enormous value not only to the development and transformation of this country but also to the world, responding and contributing to a global problem. It would also reduce energy costs, and promote a reliable, efficient, and sustainable energy economy.

With this commitment, Israel positions itself as a leading player in the energy transition race. By implementing this type of proposal, the country is investing and advancing in innovation and technology, optimizing processes, and laying the groundwork for the development of the industry. Israel was able to take the risk and take that leap that we all know is necessary, but many do not dare to take yet. 

Just like other global challenges, the energy transition is not homogeneous and does not have an exact formula. It is a matter of all of us doing our part, adding value, and looking for ways to move forward. Without any doubt, Israel adds value to the world with this pioneering attitude, based on responsibility and commitment to growth and transformation.