RADIANCE POWER PROJECT Business Plan Executive Summary Contents: æ Business Overview æ Mission æ Vision æ Execution Plan æ Management Strategy æ Market opportunity æ Feasibility and Financial Analysis æ Risks associated æ Mitigating the risks æ Future Plans Executive Summary Business Overview Energy, especially from fossil fuels, is a key ingredient for all sectors of a modern economy and plays a fundamental role in improving the quality of life in less developed economies. In 2007, India is ranked fifth in the world in terms of energy demand; accounting for 3.6% of total energy consumed, and is expected to grow at 4.8% in the future. India imports 70% of the oil it uses, and the country has been hit hard by the increasing price of oil, uncertainty and environmental hazards that are concerned with the consumption of fossil fuels. In such context, bio energy constitutes a suitable alternative source of energy for India, as large amounts of raw material are available to be harnessed. Among various options available for bio-energy, bio-diesel, bio-ethanol and biomass gasification are three major options, which have huge potential in India to develop as energy sources and where investments made would be economical. The objective of this Business Plan is to review the option of electricity generation through the use of biomass energy. Mission To fulfill the energy needs of the citizen of India while utilizing the renewable sources and hereby providing pollution free and waste free life to the citizens. Vision 2012 To utilize newer sources of the agriculture waste for the purpose of electricity generation and double the start up capacity in five years. Execution Plan The plan... ... middle of paper ... ...tner of this electricity plant. That will definitely decrease our profits and control but it will assure the constant power demand by these industries. Thus we can reduce our external threats through this step. These industrialists will also help financially in our expansion plan and give us better goodwill in the market. Future Plans The future plan is to exceed the growth rate of the power sector through constant innovation in technology to convert different renewable sources of energy. Plans are also to develop energy through other sources such as sewage and other domestic waste. Research would also be done to utilize the slag and remains in the power plant for social uses such as development of roads or manure for agriculture. Plans are also to replicate the same model in other parts of India. By these means we will be able to achieve our mission and vision.
As stated earlier, the burning of fossil fuels to produce energy is one of the largest contributors to global warming. This non-environmentally friendly energy source has to be replaced in order to keep the world going. There is a type of energy source that seems easy to create and doesn’t require radical changes: Biofuels. Biofuels are a greener version of diesel and oil. They are any solid, liquid, or gas fuels produced from organic matter; the range of organic materials used for biofuel production includes plants such as corn, sugar cane, soy, and wheat; vegetable oils and animal fats; ...
The United States located electronic company Electrocorp faced the problem of declining profitability due to rising production costs, specifically high wages, costly worker's safety and environmental standards. In order to solve this problem Electrocorp is deciding whether to relocate some of their plants to South Africa, Mexico, or the Philippines.
The world needs clean energy sources. Electricity generation from coal and gas is dramatically expediting climate change (Kirby, 2004). Smog cover is a common sight over the major cities in the United States and respiratory diseases are increasing at historic rates (Kirby, 2004). Nuclear power generation creates one way to produce electricity without creating air pollution, but safety, environmental issues, and cost of production deem it not sustainable (Kirby, 2004). Fortunately, clean energy production is not merely a dream for the future.
Instilling this new way of energy usage into off-grid communities will inevitably increase the state of living for those in cities and other well populated areas. The change to renewable energy sources could drastically lower the pollutants currently being dispersed into the atmosphere by coal mines and other harmful power options,
Introduction:The idea of biofuels is a old concept, reaching as far as the ending of the 19th century. Solid in its idea but flawed in its presentation. Biofuels are a alternative energy to fossil fuels that are made from natural methods such as plants and crops and are key in solving the apparent flaws of fossil fuels. While fossil fuels have been in use for over a century, Biofuels have now risen to the popularity and been exposed to the press. At one point of time biofuel were being considered by some of the most brilliant minds ever in human history such as Henry Ford and Rudolph Diesel who believed that biofuels had the potential to be the new evolution s on only to reappear a century later. Now the world faces the struggles of global warming and the depletion of fossil fuels slowly dimming by day. Throughout the last century biofuels have proven to have a place in our society as a new alternative fuel source. Specializing in Being Natural and healthier than fossil fuels, biofuels have had a rough beginning against its competitor due to key situations such as pricing, Side effects, to fuel power. However the idea was passed on a to the later generations, and continued to pasand prolong usage. However through the last decade they have been highly advertised by politicians and Government officials claiming it to be the future of a powerful working society, and to help in making a new energy free world. Through belief Some even claiming that “By 2050, a new generation of sustainable biofuels could provide over a quarter of the world’s total transport fuel, according to a recent report by the International Energy Agency” (last name). With such improvement biofuels should be the obvious answer to providing a better future to th...
By implementing new farming techniques provided with the new technological advances in machines we can see abundant harvest in even the poorest third world countries. For example, the Green Revolution has already showed admirable progress in the northern part of India ever since it took start in 1950. By 1997, northern India increased its grain production by 37 percent. This has proven that traditional farming methods are being rendered obsolete. And because by the year 2000, there will be half the land per person in developing countries as there was in 1970, we need to apply ultra-efficient methods to sustain the growing need. Not only does the Green Revolution enhances food output, it also preserves the environment.
Food security is one of the largest problems facing our world today. To be "food secure" a country must have enough food to feed its population and be capable of feeding its growing population in the future. About 700 million people today do not have enough food available to keep themselves healthy. They are plagued by hunger, malnutrition, disease, and death. One reason that many third world countries are not food secure is that they do not have the technology to keep up with the growth in population. For example, in many countries crop fields cannot be worked to their full potential. One way to help solve this problem is to bring unused machinery, which has been exceeded by our technology to these countries. But it takes more than just bringing the technology to them; we need to teach them to use it and to grow from it.
Energy is the basic necessity of daily life. Nowadays, dependence on fossil fuels for energy needs becoming lower in numerous countries due to the potential of renewable energy to supply sustainable energy to the huge populations in many developing countries who are short of clean and continues energy. Generally, renewable energy can be defined as energy that is derived from natural resources which are constantly replenished and theoretically inexhaustible. Fossil fuels on the other hand can be described as energy that cannot be renewed and will eventually diminish. Thus, in many developing countries renewable energy is the alternative energy to replace non-renewable energy or commonly known as fossil fuels. In addition, according to Sorensen (2004), there is a greater demand for renewable energy sources nowadays due to the uncertainty of fuel price rise in living expenses. Commonly, there are many types of renewable energy available in our world such as wind power, biomass energy, solar energy, hydroelectric power and geothermal energy. However, the main three example of renewable energy are hydroelectric power, solar and biomass energy (Refer to Figure 1 in Appendix 1).
Siemens is a German conglomerate that specialise in electronics and electrical engineering. They currently operate in four different sectors, these being Healthcare, Industry, energy and Infrastructure & Cities sector (Siemans a). They are represented in 190 countries (Siemens b), employ around 362,000 employees (Siemens c) and in 2013 achieved a revenue of €75,882 million and a net income of €4,409 million (Siemens d). This essay will focus on Siemen’s energy sector.
Biomass gasification is a process by which biofuel is produced. It has been used for over 180 years but in the last decades it has been reconsidered as an interesting technique due to the fact that oil supplies are decreasing. As mentioned before, gasification is a thermal process. Heat is added up in order to convert the organic mass to biofuel. The biomass usually undergoes drying, pyrolysis, partial oxidation and reduction. Nowadays the configurations used for gasification are three: fixed bed gasifier, fluidized bed gasifier and entrained bed gasifiers. The simplest configuration is the
Our first solution is New Delhi, India. India's wheat and rice production can be increased by over 60 percent, sugarcane production by 41 per cent and cotton production by 73 per cent. The best part of this solution is that we don’t have to cut down trees or forests or we don’t even have to increase farm area! Basically, in over 157 countries, including India farms are not producing their capacities. Most importantly, in India, a study found that in wheat, the current yield was 2.49 tonnes per hectare (tph) while it could go up to 3.98 tph if proper fertilizer and water is provided. Similarly, rice yield could increase from 2.88 tph to 4...
According to a World Bank Study in 2006, Bangladesh lost around $1 billion due to load-shedding and unreliable power supply systems (Hossain 1646). The Bangladesh Government has plans to eliminate power shortages by 2020. Thus, in order to achieve the goal, the government would require a transition towards more promotion, dissemination and commercialization of renewable energy. Furthermore, all barriers, including- technology and skills, financial, policy and institutional need to be addressed. To conclude, an integrated energy planning approach, along with consistent policies regarding technological, economic and social issues are the pre-requisites for long term sustainable development of renewable energy for power generation
The concept of this essay is to stress that biofuels are a viable and sustainable energy source than fossil fuels, showing its advantages but not ignoring its disadvantages which also enlightens us about the cleaner and renewable natural resources. Biofuels is an alternative source of energy which can end the global dependence on fossil fuels.
As it can be seen that, there is relationship between generate electricity which is one type of our energy and pollution of environment.
One distinctive element in world stories is that economics was developed within the context of an engineering technology, therefore industrial world require better economic technique and innovation for getting proper benefit from their goods. For this purpose the equipments by which the goods are manufacture are likely to be cent percent efficient or approaches to it. regardless of their nature and purpose.Moreover the globe facing the energy decline and energy along with their resourses is becoming rare and rare in every tick of the clock. Today!.. the burning question is that how the man can save the natural resourses whether it is power,water or even gas. The report deals with the technology by which industrial sector can reduce their energy consumption also their supplier reduce the distribution cost.