Energy Bazaar

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  Energy Bazaar

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  Minimum Viable Product

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  Larger vision

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  Sustainable Innovation through cooperation

In India I met a man. He was farmer and he had invested in a rudimentary but pragmatic irrigation system powered by 6 big solar panels. After asking about how he used his solar panels when he was not using his irrigation system, the man frowned and discarded the thought of utilising it for something else. The solar panels were meant to power the irrigation system and he was not able to use it for something else, at least he did not know that. Everywhere around us, neighbors were firing up their kerosene fueled stoves to prepare dinner for the night…

The coming years, 250 million Indians will reach a threshold where their income will allow for significant energy consumption. In the context of the Paris agreements and the energy transition to sustainability, these 250 million people will play an important role in combatting climate change and maintaining the positive momentum into a better future.

We believe in 3 pillars to energization. Easy access, democratization and ownership of energy, within a sustainable innovation framework. Because of the decreasing prices for solar energy and rapid adoption of technology, consumers will become prosumers and should be allowed to trade their energy for a fair price on a transparent marketplace. Easy access by making the platform freely accessible. Democratization by creating a decentralised platform for all involved parties on the indian energy market through blockchain technology. Ownership by creating the possibility for everybody to trade their generated energy on the platform using smart-meters. Sustainable innovation through the use of a self-developed framework.

Access to energy should be a right. It contributes to organisation, collaboration and education. The responsibility for guiding those who are on the verge of energy-access into sustainable consumption lies not only with the farmer, the blacksmith and the nurse in rural India. It also lies with the government. The academic system. The industrial sector.

Energy Bazaar will provide a platform where all these factions can communicate, grow and trade together. Energy should be a right, it will our job to make it sustainable.