A presentation on ‘Rethinking Finance and Business Approaches for Energy Access’ was made by me at the Third International Triennial Workshop on Sustainable Energy For All : Transforming Commitments into Action. The workshop was organised by the NAM Science & Technology Centre and Society for Energy Managers (SEEM) at the green Christ University Campus at Kengeri, Bangalore during the period 21-24 February 2014. This was the third energy-related international event organised by NAM S&T Centre and SEEM and brought together a large number of energy sector experts from about 20 countries including 15 developing countries and several of them from Asia and Africa. The five countries participating from Sub-Saharan Africa were from Nigeria, Mauritius, Tanzania, Zambia, and Zimbabwe. The workshop also adopted the Bengaluru declaration on sustainable energy for all.
An expert talk was given by me, presenting the current business and finance approaches to energy access and highlighting some of the new and emerging thinking in this space. The talk exhorted equal priority to thermal energy access alongside electricity and also encouraged the use of Public-Private Partnerships (PPPs). Several energy service business models such as PPPs, PAYG and emerging financing concepts such as crowdfunding, cryptocurrency etc were also presented. The STEPs project and its plans were also presented alongside a number of other progressive finance/business frameworks.. The interventions from the floor showed a keen interest in the issues of finance & business.
So the participation at the third triennial workshop on SE4All provided an opportunity to highlight the challenges with business and finance models in energy access and to encourage new approaches. The workshop also provided an opportunity to introduce the STEPs project, its objectives and plans to clean energy, energy access and development practitioners in Asian and African developing countries.
Dr Parthan presenting at the SE4All Workshop. Image: Sustainable Energy Associates
Dr. Binu Parthan, SEA