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Wrl zero carbon final
- 1. 1 P RO 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
- 2. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL Security against climate change impact as The world’s No. 1 climate risk management company using data, technology and innovation to transform risk management Founded 2004 Headquarters India Team 101 People Footprint Pan India & Global Asia Philippines Cambodia Bangladesh Sri Lanka Africa Tanzania Rwanda Zambia Mozambique Existing Presence Building Presence
- 3. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL WInsuranceRM S 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. Founded with ICICI Lombard as the first client Stabilizing pan- India business SIDBI invests for working capital Export of Products & Services to Africa & ASEAN 2005 2007 2009 2011 2014 2004 2006 2008 2010 2012 SIDBI Seed Fund Incubation at IIT Kanpur Ford Foundation grant Convinced GoI to subsidize weather insurance with Rs. 1000 Cr. AWS Grid ~ 100 Stations First International foray in Tanzania and Bangladesh Data Services & Analytics Smart Devices & Technology Weather India Global Agri Information Systems Weather Forecasting Remote Sensing Automated Weather Stations Vehicle Tracking Systems Energy Efficiency Solutions
- 4. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL 4 Automatic Weather Station Temperature Sensor Solar Radiation Seasonal Forecast and Anomalies Weather Services Also specialize in designing control systems that use weather and weather forecasts as an input. Smart Irrigation pumps, Solar battery chargers
- 5. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL 5 Sample Forecast 7 Days ahead forecast for every 15 minutes interval, updated every 6 hours.
- 6. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL
- 7. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL Case Study 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 minutes with 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
- 8. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL 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 revenue e.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
- 9. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL Case Study 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. 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.
- 10. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL Case Study 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. 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
- 11. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL Zero Carbon Future: Example Heat Pump application • 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
- 12. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL Zero Carbon Future: How we can assist 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 systems Can 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
- 13. VISION WHAT WEDO CLIENTS IMPACT PROPOSAL Zero Carbon Future: Solaris application • 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
- 14. 14 The skyis 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