wrl zero carbon final
DESCRIPTION
Zero CarbonTRANSCRIPT
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P R O P O S A L T O
Z E R O C A R B O N
F U T U R E
S O N U A G R A W A L
M A N A G I N G D I R E C T O R
sonu.agrawal@weather- r isk.com A U G U S T 2 0 1 4
Security against climate change impact as
The world’s No. 1 climate risk management company using data, technology and innovation to transform risk management
Founded2004
HeadquartersIndia
Team101 People
FootprintPan India & Global
AsiaPhilippines
Cambodia
Bangladesh
Sri Lanka
AfricaTanzania
Rwanda
Zambia
Mozambique
Existing Presence
Building Presence
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
We are a global Risk Management company delivering innovative products and services to large enterprises as well as farmers in the remotest of villages worldwide.
2004 2006 2008 2010 2012
Founded with ICICI Lombard as the first client
SIDBI Seed FundIncubation at IIT Kanpur
Ford Foundation grant
Convinced GoI to subsidize weather insurance with Rs. 1000 Cr.
Stabilizing pan-India business
AWS Grid~ 100 Stations
SIDBI invests for working capital
First Internationalforay in Tanzania and Bangladesh
Export of Products & Services to Africa & ASEAN
2005 2007 2009 2011 2014
Data Services &
Analytics
Smart Devices &
Technology
Weather
InsuranceW RM S India
Global
Agri Information Systems
Weather Forecasting
Remote Sensing
Automated Weather Stations
Vehicle Tracking Systems
Energy Efficiency Solutions
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
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Automatic Weather Station
Temperature Sensor
Solar Radiation
Seasonal Forecast and Anomalies
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
Weather Services
Also specialize in designing control systems that use weather and weather forecasts as an input. Smart Irrigation pumps, Solar battery chargers
57 Days ahead forecast for every 15 minutes interval, updated every 6 hours.
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
Sample Forecast
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
Business Case What we did Impact
Indian Power Electricity Distribution Company
Provides electricity to 6 million households in Delhi and Mumbai
Provided 7 day ahead Weather Forecast for every 15 minuteswith intraday revisions
Weekly weather Trends
24 hrs ahead load forecast using weather forecasts, data, social media trends, regular consumer surveys
Energy audits in large hotels and buildings
Significant savings for the client as it is able to purchase power in advance and also manage customer expectations
Especially in cases when the power consumption dropped due to sudden fall in temperature
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
Case Study
Business Case What we did Impact
• Solar farm of 10 MW at Sunder Nagar, Gujarat.
• Wants to maximum revenue and profits.
Installed a solar radiation station.
Solar radiation forecast for 6 months.
Checked accuracy of solar radiation forecast with solar radiation data.
• Client has understood the impact of solar radiation on power generation
• Accurate power projections help in optimizing revenuee.g. when radiation forecast suggests higher power generation, client is able to sell more power in advance at a better price especially when the demand is high and supply is restricted
Case Study
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
Case Study
Business Case What we did Impact
Difficult to extend cover under existing Crop Insurance programs due to moral hazard
• WRL worked with the PepsiCo ground team in Punjab.
• Our analysis indicated high correlations with location humidity and temperature.
• We created an index to cover blight risk specific to the region.
• Additional weather stations were installed to minimize basic risk – critical for extending this kind of cover.
• Program successfully running in its 9th year.
• Covers 10000 potato farmers in Punjab.
• Strong demonstration of how insurance can be used by contract farming companies to sustain their grower base.
Late Blight is a lethal potato disease. In 2006 PepsiCo contract farmers lost 60 % of their crops due to this bane. We helped PepsiCo provide risk management to over 10000 farmers in Punjab.
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
Business Case What we did Impact
Large Scale implementation of insurance and information service to farmers
• WRL provides sponsored weather information, forecast and insurance services to contract farmers of SAFAL
• Multi State Program• WRL has also provided GPS based
vehicle tracking solutions which now has become a backbone of complete logistics of distribution of milk and milk products.
• 5000 Farmers• Haryana, UP, Uttaranchal
and Rajasthan• Vehicle Tracking in 2000
trucks
We have helped ~ 5000 farmers covered by SAFAL access better insurance and information for risk as well as equipped their logistics system to track over 2000 Trucks and Vans.
Case Study
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
• Heat Pumps keep room temperature within a range e.g. 22 -26 deg. Switch off if temperature reaches 22.5 or 25.5. deg
• With accurate forecasts, Heat Pump control system can know the outside feels like temperature 6 hrs in advance, thanks to advanced now-casts
• So if the temperature is likely to fall below 22 deg an hour later and if the internal room temperature will follow suit subsequently, Heat Pump can switch the cooling off / operate at a lower load in advance even when the internal temp is 23.5 deg c or activate the heating in advance
Zero Carbon Future: Example Heat Pump application
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
By providing location specific 15 minute temporal resolution, now-casts
By designing smart devices that can keep track of how long it takes the room temperature to fall or rise by a degree, when the outside temperature is at a particular level, and when the Heat pump is on or off
Using the above two, Heat Pump control systemsCan decide a more optimal load management That
will save costs as well as improve user comfort.
Providing historical data to analyze if such a system will be cost effective in a territory or not
Zero Carbon Future: How we can assist
V I S I O N W H AT W E D O C L I E N T S I M PAC T P R O P O S AL
• Other Collaborations
– Smart Solaris
• A smartphone application that guide Solaris Users on how much Solar energy will be available to them in next few days
• What all devices can they operate using Solaris
• Energy meters to record the savings
Zero Carbon Future: Solaris application
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The sky is not the limit
P R O P O S A L T O
Z E R O C A R B O N
F U T U R E S
S O N U A G A R W A L
M A N A G I N G D I R E C T O R
sonu.agrawal@weather- r isk.com A U G U S T 2 0 1 4