Climate Change Data

פריים אנרג'י פי.אי בע"מ (Prime Energy P.E. Ltd)

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Integrate energy storage facilities into the company's projects under development and nearing completion, subject to the economic viability of the investment in the storage facility.
  • Expand the company's agro-voltaic activities directly and through Agrilight.
Short-term Goals:
  • Complete the construction of facilities currently under construction or nearing completion.
  • Implement the company's win in Competitive Bidding Process No. 1 for the construction of dual-use facilities, including securing financing, obtaining permits, and commencing planning and procurement.

Environmental Challenges

  • Supply chain disruptions due to the COVID-19 pandemic and the war in Ukraine, leading to increased prices of raw materials for solar panel production and shipping costs.
  • Limitations in the electricity grid's capacity to absorb additional electricity from renewable energy sources, resulting in delays in connecting new facilities and requiring the integration of energy storage solutions.
  • Fluctuations in exchange rates between the Israeli Shekel and foreign currencies (USD and EUR), impacting the cost of importing solar panel components and the profitability of projects.
Mitigation Strategies
  • The company is exploring various options to mitigate these challenges, including securing alternative sourcing strategies, collaborating with electricity suppliers to integrate energy storage, and implementing hedging strategies to manage currency risk.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (e.g., floods, sandstorms) that could damage facilities and reduce electricity production.
Transition Risks
  • Changes in regulations and subsidies for renewable energy, impacting project profitability.
  • Decreases in gas and oil prices, making solar energy a less competitive alternative.
Opportunities
  • Development of energy-efficient products and services.
  • Integration of energy storage solutions to improve the stability and reliability of renewable energy systems.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed