Best Ideas 2022 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
The equal rights for all human beings of the access clean energy.
Explain your idea in details:
In this research, my major goal is to reduce the cost of clean energy in developed countries and provide clean energy technologies to developing and undeveloped countries, so that all of humanity can have equivalent access to clean energy. The mainstream clean energy generation technologies include biomass, hydro, wind, solar, geothermal, clean coal, and in recent years, ocean energy technologies are also booming. While developed countries are currently focusing their policy priorities on climate change and security of energy supply, developing and undeveloped countries are more concerned with ensuring access to sufficient energy to meet their developmental needs. While the driving forces behind these concerns may be different, the three are closely interconnected through global energy and capital markets and politically through the institutions established under the UN Framework Convention on Climate Change. We will conduct cost reduction for mainstream clean energy technologies (from material costs, construction costs, etc.) and propose feasible improvements. At the same time, we will develop customized clean energy solutions for developing and less developed countries (e.g., solar energy equipment rental for desert countries, or biomethane equipment rental for livestock-dominated areas). The first step of the operation will be to work with clean energy equipment suppliers, to improve current clean energy technologies and solutions. After that, we will work with clean energy equipment suppliers to provide clean energy equipment rental solutions in developing or underdeveloped countries and seek to obtain local government subsidies/NGO public benefit funding to address the urgent need for local energy use. Above all, the innovation approaches in this project is to provide customized clean energy solutions for developing and less developed countries. Besides that, using supplier resources and government resources to enhance the feasibility of the project.
Expected impact of your idea on sustainable development
We have three goals in this project. The first is to export a standard set of clean energy solutions for developing and undeveloped countries. Most developing and undeveloped countries are not well funded in terms of clean energy creation programs, and the cost of equipment can be further reduced on the basis of massive application. At the same time, the above solution will be less dependent on existing local infrastructure, providing human beings in these areas with viable access to clean energy. The second goal is to establish long-term cooperation with governments/NGOs, through their resources and cutting-edge technologies to achieve a virtuous cycle of clean energy projects settled, guiding energy policies to address pressing energy challenges. The last goal is to reduce the cost of access and use of clean energy in the long term through advanced technologies. The improved technology will have the ability to quantify the green premium and formulate more targeted carbon neutral policies. This will increase the penetration of clean energy in developed countries and regions. The success of the program will be measured by the reduction in energy costs per capita and the increase in clean energy coverage.
Plans for implementation and sustainability
We will conduct a PEST analysis and SWOT analysis based on the clean energy development in developed countries, and then another PEST analysis and SWOT analysis of clean energy use in developing and undeveloped countries, and after the analysis, a comparison will be made between these two. Local government subsidies as well as NGO relief policies and foundations are the main financing support resources.The government should support the energy saving industry in terms of policy and, secondly, provide sufficient financial support for the research and development of energy saving technologies. Clean energy technologies should also be actively promoted to guide enterprises. This will reduce the pressure on energy and the environment.In the fiscal year 2020-2011, the NGOs have partnered with other departments to launch the Green Welfare NGO Program. A total of $150 million is available to assist welfare NGOs to undertake energy efficiency projects in a systematic and comprehensive manner with a view to achieving carbon neutrality by 2050.(Government of Hong Kong, 2021) In combination with the above two parts, the most important partners in our program will be government departments, NGOs and clean energy suppliers.
My name is Hera and I came to Canada in 2015 as an international student. After becoming a Canadian permanent resident in 2020, I decided to go back to school to further my studies. I am currently studying business analytics at UNSW in Australia as a post graduate student. I am passionate about sustainable development and want to make a contribution to this field. My studies in business analytics have trained me a lot of thinking skills and data collection skills. Through this competition, I can also use the skills that I have learned. Those structured thinking is very helpful for me in this competition.