Sunday, 21 December 2008

Meeting with BCIC Chamber:

I had the second opportunity to meet the Bangalore Chamber of commerce members, this time the Workshop was on "Mandating CDM and Renewable Energy". The workshop was
very useful both for marketing my business and establishing contacts.
I found out from few senior members that they would be requiring my products
at some stage of their business. I would like to list down my learning
about various things i never heard about, may be this learning would be useful one day.

Few members gave execellent speech

1. Mr. A.K Shyam - CMR Group gave a great speech and offered execellent support and
was very information and was willing to share his exeperience. The talk was regarding
CDM - Clean development mechanism, CER's and VER's. I did not know any of these before.

When people start business in Renewable eneryg it is turning out to be costly because
of the investments, but CDM establishment would help business claim Carbon Credits which is like getting a share for freee. Currently the CER stands at 12/13 Euros.
So when someone reduces their Co2 in their business they can claim credits using CDM mechismsn. There is an Agency called UNFCC which needs to approve the CDM project which as far as they said is a very complex process and can be done only by consultants (Elpro energy dimensions is one of them).

There was also learning about Co2 database, which is necessary to do anything to find our the current Co2 information. He also gave great ideas like CROWD FArm.
Thanks Mr.Shyam for the very useful information.

2. Mr.P.S.Narayanan - Wipro - Head Energy

His speech was extraordinary, when every person in the industry is thinking of reducing the costs of Solar PV and other reneable technologies, this simple person told ways to reduce the consumption and also validated his every idea and also abt easy and simple cost effective technologies which can be employed like Solar thermal.

3. Mr.Sekhar - Bhoruka Power corp

There was a panel discussion coordinated by this clear coridinator, he put forward few great questions to the panel like how should government help business in terms to educating abt CDM and renewable energy. He spoke very encouraging and agreed to put forward these question to the government.

There was task for us to calculate the tonnes of Co2 saving in sample data. Grid Emission factor (0.72) multiplied by Megawatts of Electricity generated.

Learnings:

1) Any business gets incentive if they suceed in proving to UNFCC that they have devised mechanisms to save Co2 emission. The first step is to apply for CDM, google CDM. To apply a consultant is madatory and can be costly process.

2) Calculate the current level of Co2 produced without employing CDM / Renewable , check Co2 database and find more information. Project the possible CCR that can be
obtained. Learn about CER's and VER's and understand the benefits.

3) Be Good to the environment, either because it is profitable or bcos of the atual intention to be good to the environment.

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