projecteverest

Work Update

Instant Ideating: Last Minute Ideas to Kick Start into July.

In a singular minute a new idea is sparked, a failure is mitigated or an achievement is celebrated. In a matter of a minute, the world can be changed. During our time in Timor-Leste, the February Energy Team had 40,320 of those minutes. 40,320 moments to achieve amazing things.

 

The project is lengthy and tireless commitment is required to the get the vision off the ground. In short, the current revenue stream is through businesses in Central Dili which switch from EDTL (the monopoly electricity supplier) to solar power. However, this requires a large upfront cost and requires extensive empathising, assessments and concise communication between the customer and solar supplier. The revenue generated from the business purchases are utilised to subsidise the cost of providing solar panels to rural homes of Timor-Leste.

 

Through critical analysis the current revenue stream is a short-term viable option, but other streams should be explored. My ideas regarding alternate revenue streams can be linked to the two key factors: affordability and necessity.

 

Alternate Revenue Streams

The large solar panel may generate lump sum revenue by having large sales, however, the utilisation of small scale products was researched by the team throughout February. Small scale products allow us to mass market and provide an affordable necessity for all of Timor-Leste, whilst mitigating or subsidising some of the fossil fuel energy usage through EDTL. As a result,  it raises awareness and spreads the availability of renewable energy products in Timor-Leste.

From this, we can work out appropriate financial projections and hence moonshot the project to the next level.

Our initial target market could be reiterated from medium-large businesses to government. Allow them to dedicate a portion of their energy budget to powering public buildings with renewable energy, i.e. libraries, community centres, offices. Products dedicated to lighting, charging devices or cooking appliances can be utilised to offset the energy usage in these areas. A small impact growing into an exponentially larger one.  

Microgrid Scheme

 

Instead of providing solar to individual rural households, communal micro-grids may be considered. The microgrid would operate like the PREPAGO EDTL system. Individual members of the community pre-pay for a portion of electricity generated from the solar micro-grid. This money is collected and used to pay off the solar panels. The micro-grid process seems viable for semi-rural communities which have access to the grid and metering.

However, discussions regarding being able to market this idea to the communities which are connected to the EDTL grid, but do not have metering and hence, do not pay, must be considered. Also, marketing this option and spreading further from this, into un-electrified sectors, must be considered.

 

Partnerships

 

Partnerships in business are crucial to the progression of the business as it enables both financial assistance and networking. Forming partnerships with the RIGHT businesses and organisations are key to a positive reputation and beneficial for the business.

I have two main ideas regarding forming alliances with manufacturing and installation companies outside of the solar industry.

 

Timor-Leste is famous for its coffee production and its plantations. Coffee plantations are massive and use extensive farming machinery. By targeting coffee plantations and integrating solar energy into these systems, we are able to reduce significant environmental impact. Hence, a partnership with coffee plantations will be optimal.

 

An alternative partnership for consideration is through water pump companies. By attaining the consideration of the water pump companies we can manage to reduce fossil fuel energy usage in this area, as water pumping consumes a large amount of energy.

 

Values

 

What were once unattainable results for the Energy Assessment Team, are now almost well within our grasp. Our resilience and passion towards the project has allowed us to moonshot the progression of this project.

 

Our team is cohesive yet diverse which allows us to critically analyse situations and make the hard decisions. We would love any feedback or creative ideas which would assist in the following teams to adapt and give the project potential to grow.

 

 

 

 

Photo Credit: Ishpreet Singh Chawla

edited on 24th February 2018, 05:02 by Karina Agius

Wade Tink 11 months ago

Status label added: Work Update

This post has a lot of potential to propose future experiments and complete areas of the BMC. However, it has to be labelled as 'work update'

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