Rishi Diwan
Smart Power Management System
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Climate change retail stores
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Smart Power Management System
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The Pitch:
Ideas change the world.
The power of a new idea is the engine that transforms the way we live and think.
Cutting green house emissions using renewal energy, in itself, is a validated idea. The next step now is to facilitate proliferation of green installations.
This is exactly the objective of my business idea.
We are already using renewal energy since a long time. There exists a gap in selecting the most suitable renewal installation for individuals, small and large organizations.
My idea is to use a ‘Smart Power Metering System’ and a complete supply chain around it to source best renewal installations and support system for customers.
Using SPMS, the best option among several renewal installations can be recommended based on actual consumption behaviour of the customers. Not only this, SPMS will be customized to record every power transaction – power generated and power consumed. It will also track power consumer by a specific appliance or a set of specific appliances. This data will help reduce such consumption by taking counter measures.
This data will eventually help at the community level by providing consumption pattern of a complete locality based on the changes in the private power generation pattern. It will be realtime and it will help the local power provider to adjust its generation according to this pattern. To achieve this feet a lot of consensus though will be needed among all such players controlling a database which represents a community well.
This idea will impact the complete ecosystem of renewal energy efforts and will channel all forces towards the common goal.
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