projecteverest

PROJECT adopted

PROJECT OUTLINE: Energy Infrastructure Assessment - India JULY 2019

Problem

India is competing with China for one of the fastest growing populations and economies in the world. The challenge a developing economy faces when it adopts developed world technologies (such as vehicles, electricity etc), is the sustainability and regulation of the use of the resources associated.

India’s carbon footprint makes up 7% of all greenhouse gases, due to sheer number of people and lack of consistent regulation of non-renewable resource use.

SOCIAL OPPORTUNITY (SDG)
Sustainable Development Goal Targeted: Affordable and clean energy

While developed countries are still struggling to adopt renewable resources, there exists the opportunity to encourage developing countries to adopt it as renewable technologies become more affordable and thus increasing the sustainability and longevity of the country’s impact on the Earth. Understanding the current use, source and cost of energy for Bhubaneswar, and eventually the state of Odisha will enable PE Ventures to implement a business model in collaboration with other industry experts that will enable a cost effective and beneficial roll out of environmentally friendly energy sources.

Energy Infrastructure Assessment aims to address several issues in emerging economies:
1. Reliable Energy- consistent, dependable energy is a foundational infrastructure requirement for other functions of an effective, productive city such as the provision of healthcare, transport and communications.

2. Environmental Sustainability- through renewable energies Bhubaneswar seeks to become a green city and improve the quality of life for its 1 million plus inhabitants. If achieved, it will future proof the city's sustainability from an energy standpoint.

3. Economic Empowerment- consistent energy enables better education through light at night for education and to pursue additional work opportunities. It enables the use of mobile phones which increases access to education, information and other economic opportunities. 

PROPOSED NEXT STEPS
Project Everest Ventures is working with local NGOs and a company called Village.Energy to create a project proposal outlining how solar can be rolled out across Bhubaneswar and then Odisha.

To validate a solution pathway and create a business model to support it, an assessment needs to be commissioned and conducted – this will be the main focus to determine future direction.

The options for future direction have been pre-defined, based on PE Ventures experience and capability to deliver on an outcome. Those proposed solutions can be found in other Crowdicity Posts.

Following PEV methodologies the first step would be to engage with the proposed beneficiaries (customer segment) and understand how they articulate the role of energy in their lives (Problem) before moving to crafting the value proposition and solution.
Equally important is to build a business model to sustain the ongoing provision of the socially beneficial product. 

Andrew Vild 2 months ago

Status label added: PROJECT adopted

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