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Energy Access to the Poor How?

Energy Access to the Poor How?. The Myths that we refuse to accept. Typical Myths Poor are a monolithic group Simple Scaling of existing successes can help achieve energy access goals. Standardization of technology, (business models is the key)

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Energy Access to the Poor How?

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  1. Energy Access to the PoorHow?

  2. The Myths that we refuse to accept Typical Myths • Poor are a monolithic group • Simple Scaling of existing successes can help achieve energy access goals. • Standardization of technology, (business models is the key) • Poor are stakeholders only from an end-user perspective. • Cheap (affordable) technology can solve most of the issues. • Robust Technology exists and thus after sales service need not be given importance • Technology and Finance dissemination can be done by the same set of people • End-Value technology is mature. • Large amounts of private capital will solve the issue These are just some of them…

  3. The Missing gap The Ecosystem

  4. Think Differently • But Difficult to do… • Think Replication instead of Scale. • Think of Poor as asset creators, employers and innovators – not just as consumers, employees and implementers. • Think of end value (4 hours of lighting, 2 hours of sewing machines – instead of solar panels, pico hydro). • Think Holistically – expensive product (not compromising on value and quality) can be made affordable by site specific financing. • Think Ecosystem not technology or Finance • Think Energy Services as Service and Assets – not as consumptive items.

  5. Some Solutions – “Internet and the Google Approach” • High Risk Innovation fund • To fund innovations in business models, utilization of technology, market linkages and financial products. • To create long term (low return) investments to ‘non-power point’ entrepreneurs who are closer to the client base. • To help channelize low cost finance towards financial institutions that the clients have access to.

  6. Some Solutions – “Internet and the Google Approach” • Large scale Finance to create HR at all levels • Service • Entrepreneurs • Champion local Bankers • Investment Fund (multiple parts) – Presently Very Difficult to GET • Between $1000 to $5000 • Between $5000 to $50,000 • Between $50,000 to $1 million

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