tutorial: ieee csi business development workshop green village electricity project; a suitable model...
TRANSCRIPT
Tutorial:
IEEE CSI Business Development Workshop
Green Village Electricity Project;A Suitable Model for Reliable Renewable
Deployment in Nigeria
Ifeanyi B. OrajakaGreen Village Electricity Enterprises, Nigeria.
Appraisal of the Nigerian Power Sector
7 Plants
3 Plants
3 Plants
1 Plant
• Current Total Generating capacity 2600MWatts
• Country Population 167Million People
• % of Population connected to the Grid = 45%
• % of Population below Poverty Line = 65%
Electricity Consumption per capital
0.00
5,000.00
10,000.00
15,000.00
20,000.00
25,000.00
30,000.00Ic
elan
d
Luxe
mbo
urg
Cay
man
Islan
ds
Aru
ba
Sing
apor
e
Cze
ch R
epub
lic Ital
y
Trini
dad
and
Tob
ago
Gre
enla
nd
Cro
atia
Kaz
akhs
tan
Gua
delo
upe
Kyr
gyzs
tan
Bra
zil
Iran
Ant
igua
and
Bar
buda
Pana
ma
Mau
ritiu
s
Swaz
iland
Sain
t Luc
ia
Sam
oa
Gha
na
Mal
dive
s
Ton
ga
Laos
Nig
eria
Tan
zani
a
Solo
mon
Islan
ds
Sier
ra L
eone
Cen
tral
Afr
ican
Cam
bodi
a
Countries
kWhr
per
cap
ital
Appraisal of the Nigerian Power Sector Cont’d
USA = 12,406
Nigeria = 108Ghana = 431
Why Solar For Nigeria?
Relative Availability
Grid Expansion Complexities
Long life span with flexible maintenance plan.
Environmentally friendly.
Decline in cost with improved R&D.
Improved Efficiency and Reliability
Easy Installation and Expansion
Project Overview
Project Goals/ Objectives
Current Status
Project Justification
Initial Project Technical ModelGeneration
Transmission
Distribution
5KWatts of reliable off-grid Solar electricity to power about 20 homes. 40 interconnected 210watts solar panels 14 200AHR, 24volts deep cycle batteries 5KWatts off-grid Inverter 80 Amperes Charge controller Remote Monitoring Facilities
Hybrid Mini-grid Network consisting of; Ring Network: 30mm Armoured Cable, covers settlement
perimeter Serial Network: 6mm Armoured cable tapped from Ring to Nodes.
Star connection from Nodes to Houses Wiring of individual houses Isolator and emergency devices at designated locations. lighting points and sockets for appliances
Modified Project Model
Our Model is a micro-scaled
renewable energy system to
efficiently meet the energy needs
of remote settlements at the
most economic cost to suite their
income levels while generating
marginal profits
Our Niche
Opportunity/ Innovation
Why people will buy from us
Our competitors
Our competitive Edge
Market Expansion Strategy
Market Analysis
CSI Pilot Deployment Program BudgetSummary
Item Budget
Equipment $77,437.00
Development Costs $9,630.00
Administration $11,312.00
Shipping and Transportation $8,923.00
Travel Expenses $2,000.00
Stipends/Salaries $4,000.00
Total: $111,302.00 1 2 3 4 5
-
100
200
300
400
500
600
700
800
900
1,000
Series1
Project Time Line/ Financial Model 1
1 2 3 4 5 $-
$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000
Annual Revenue
Annual Revenue
1 2 3 4 5 $-
$20,000 $40,000 $60,000 $80,000
$100,000 $120,000 $140,000
Equipment Cost
Equipment Cost
1 2 3 4 5
$(200,000)
$(100,000)
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Total RevenueTotal ExpensesNet Profit or (Loss)
1 2 3 4 5
$(150,000)
$(100,000)
$(50,000)
$-
$50,000
$100,000
$150,000
$200,000
$250,000
New Loan AmountIncremental Loan PaymentCummulative Loan PaymentYearly Interest PaymentTotal Long Term OutStand-ing DebtCash Required for Equipment Cost
Cost of Capital @ 15% Interest RateInvestment Outlay
Financial Model Cont’d
IEEE Award
Registration with C.A.C.
IEEE Foundation Grant
UNDP/ Bank of Industry Nigeria Partnership
Rivers State Sustainable Dev. Agency Partnership
Website: www.greenvilgroup.com
Impact on Student Volunteers
Impact on Beneficiary Community
Global Impact
Project Milestone/ Impact Projection
Chuka P. EzeVolunteer Co-ordinator
Ikechukwu OnyekweluProject Co-ordinator
Engr. Prof. Gloria A. Chukwudebe (Mrs)Executive Adviser
Engr. Uchenna OrakaTechnical Adviser
Ifeanyi B. OrajakaTeam Lead
Project Team
Theft Hostility Vandalism Insecurity of project Team Poor Project Site Donation by Community Poor Technology Assimilation Rate Lack of maintenance competence Conflicting Interests amongst stakeholders Success Factors Project Evaluation
Risk Assessment
Green Village Electricity Project;A Suitable Model for Reliable Renewable Deployment in
NigeriaDiscussion & Questions?
Ifeanyi B. [email protected]
www.greenvilgroup.comtwitter: @gvegroup
facebook: Green Village Electricity Enterprises