Energy Bazaar

Over Energy Bazaar

Access to energy should be a right. It contributes to organisation, collaboration and education. The responsibility for guiding those who are on the verge of energy-access into sustainable consumption lies not only with the farmer, the blacksmith and the nurse in rural India. It also lies with the government, the academic system and the industrial sector.

We conclude 3 pillars to energization within a sustainable innovation framework: 1. Increase energy access 2. Democratise energy ownership 3. Maintain Sustainable Development

Because of the decreasing costs for solar panels and rapid adoption of technology, consumers will become ‘prosumers’. They should be allowed to trade their energy for a fair price on a transparent marketplace.

This is what Energy Bazaar wants to provide knowledge for: 1. Easy access by making the platform freely accessible. 2. Democratization by creating a decentralized platform for all involved parties on the Indian energy market through blockchain technology. 3. Ownership by creating the possibility for everybody to trade their generated energy on the platform using smart-meters. 4. Sustainable innovation through the use of a self-developed framework.

Energy Bazaar will provide a platform where all these factions can communicate, grow and trade together. Energy should be a right and not a privilege, and it will be our work to make it sustainable.