About
History
LNRG Technology began its activity in the business arena in 2010, founded as "Leon Kraversky Energy Consulting" - with expertise in technological advisory, techno-economic planning of energy facilities and analysis & forecasting of the energy sector. In 2014, the business was rebranded as "LNRG Technology" with additional services of technology scouting and development added. Since its inception, LNRG Technology has provided services to private enterprises, contractors, international corporates and governmental bodies worldwide. The name of LNRG Technology emphasizes the letter "Lamedh", which is the twelfth letter of the Hebrew alphabet and symbolizes accumulation of knowledge and rising in the degrees of wisdom; the word "Energy" ("NRG") comes from combination of Greek and Phoenician words "en-ergon", meaning in motion.
Vision
In recent years, the energy market is undergoing a rapid transition in the ways of energy production and distribution - a process which is leading us towards formation of distributed, efficient and cleaner energy market. From background of 20th century centralized and vulnerable market, reliant mainly on oil and its derivatives, already in the 70s and 80s Israel has initiated incorporation of other energy sources into its primary energy mix, such as solar thermal energy and coal later on. In the past decade, the natural gas has successfully been incorporated into the electricity generation segment and as a thermal energy source for the industry, in parallel with incorporation of renewable energy sources into electricity production. We are likely heading towards a period of natural gas domination for electricity production and as a thermal energy source, in parallel with increasing use of distributed renewable technologies for energy production and storage and for smart electric transportation. Those changes are only a prequel to the dramatic revolution in Israel and worldwide. Those drastic changes may bring many conventional industries to a crisis, though it may also produce an unprecedented business opportunity for novel products and technologies.
Why LNRG Technology?
LNRG Technology, owned and led by Leon Kraversky, is positioned on the frontline of technology with a deep understanding of the opportunities and future risks in the local and global energy
market. LNRG Technology is offering an objective quality service, thus paving the way for optimal selection of technological and engineering solutions for energy projects and optimal investment
direction. Throughout its activity, LNRG Technology has achieved numerous milestones in producing accurate market projections and technical assessments:
- Solar PV Devaluation Rate: In 2011, Leon Kraversky published the assumption that commercial solar photovoltaic facilities would face a high devaluation rate. This foresight was validated by the collapse of solar panel prices over the following two years, which fundamentally reshaped the global solar market;
- EV Infrastructure: Also in 2011, LNRG Technology analyzed the operations of Better Place. The analysis identified the high operational costs of battery-swapping technology as a critical barrier to market penetration - a factor that ultimately became a primary reason for the company's failure;
- Battery Chemistry: In 2020, Leon Kraversky projected that Rechargeable Batteries would have a rapid development pace during the 2020s, with solid-state technology not expected to hit the market until at least the second half of the decade, whilst Lithium-Phosphate technology is a highly interesting and promising niche. This analysis correctly forecasted the takeover of the LiFePO4 cathode technology over the battery market from 2023.
