Student Name | School | Degree | Year | |
---|---|---|---|---|
Khizer Tariq | SEECS | Undergraduate | Second | [email protected] |
Abdul Rehman | SEECS | Undergraduate | Second | [email protected] |
Wasam Khan | SEECS | Undergraduate | Second | [email protected] |
Inter School Idea ? | No |
Do you need expertises from another area: | No |
If Yes please provide details of expertises you need: |
Idea Name: | A Marketplace for Trading Renewable Energy Sources |
Slogan: | Empowering a green energy marketplace |
Supervisor Name: | Shams uddin Qazi |
Supervisor Designation: | ASSISTANT PROFESSOR |
Supervisor School: | SEECS |
Supervisor Department: | Department of Computing |
Contact number: | +92 321 9565025 |
Email ID: | [email protected] |
Abstract: | |
A marketplace for buying and selling renewable energy credits could be used to help accelerate the transition to renewable energy and promote sustainability. The platform could include tools for tracking and verifying the origin and usage of renewable energy, and could potentially be accessed via a mobile app. Individuals and businesses can access this platform. | |
What is the unmet need in society that your idea will fulfill ? | |
The platform could provide a revenue stream for investments in renewable energy, promote sustainability, combat climate change, increase efficiency, and transparency of the renewable energy market, and potentially drive down prices. It could also serve as a new form of currency. | |
Who needs it ? How many would benefit ? | |
An online marketplace for trading renewable energy sources could be useful for individuals or businesses with excess renewable energy sources, such as solar panels or wind turbines. This platform would allow them to monetize their excess energy by selling it to others. | |
How will the solution works | |
For this solution, we can take readings from individuals or businesses using renewable energy sources and the extra amount that will be generated by solar panels. These readings can then be uploaded to the mobile application and serve as energy credits. Then these credits can be bought by individuals or businesses who need these. For this work, we will need to create a marketplace that will be hosted on a website and can later be converted into a mobile app. | |
Who are your competitors ? How is your solution different | |
Our solution is really simple and no such competitors exist in the Pakistani Market at this point. We only need to market our solution and have necessary investors. | |
Status: | new |
Entry Date & Time: | 2022-12-15 (1814) |