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AIREKO Energy Solutions. AIREKO MIT PR-Lab Project . 2012.1.27 Yusuke Morishima Junya Nishikawa Michael Parran Phuree (Will) Smittinet. Agenda. Project Overview. Project Output. Our Experience . Project Overview. Challenges for AIREKO

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aireko energy solutions

AIREKOEnergy Solutions

AIREKO MIT PR-Lab Project

2012.1.27

Yusuke Morishima

Junya Nishikawa

Michael Parran

Phuree (Will) Smittinet

agenda
Agenda

Project Overview

Project Output

Our Experience

project overview
Project Overview

Challenges for AIREKO

AIREKOhas achieve an organic growth over the past 40 years and over the last 15 years, AIREKO has achieve a remarkable growth of 13.2% annually

project overview1
Project Overview

Challenges for AIREKO (Cont’)

AIREKO want to repeat its success story oversea in the energy efficient retrofitting and renewable energy sectors

To address this challenges, AIREKO approach MIT PR Lab Team to conduct research on the 4 potential countries

Once selected our candidate country, MIT Team is to develop a Penetration plan for that country

project overview2
Project Overview

Team Objectives and approach

Evaluate each country opportunity, using our framework:

  • Energy Policy
  • Industry Structure
  • Costs of Doing Business

Create a Comprehensive Penetration Plan

  • Identify Detailed market opportunities
  • Identify Suitable Business Models
  • Identify Key Potential Partners
  • Build immediate action plan for AIREKO team members
project output energy efficiency in hotel is promising
Project Output: Energy Efficiency in Hotel is promising
  • Already feasible without subsidy
  • Big potential in Caribbean countries

SORRY CAN’T DISCLOSE

Source: Presentation at Caribsave Greening Tobago workshop

made by Loreto Duffy-Mayers, CHENACT

air conditioner is the key focus
Air Conditioner is the key focus

Source: Presentation at Caribsave Greening Tobago workshop

made by Loreto Duffy-Mayers, CHENACT

prioritized countries
Prioritized countries
  • Find Local Partners
  • - Energy Audit (SFP)
  • - Construction /Engineering
  • Approach CHENACT and Smart Energy Fund, which may grant or loan initial Capex for EE project in hotel industry.
  • Create “Track Record” to tackle
  • - Hotels in other Caribbean countries
  • - Convince Financial players to start ESCO model together

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  • Target large hotels which has no need to rely on governmental grant or loan.
our experience
Our Experience

Understanding Our Client, their Business Practice, and Philosophy

Understand dynamism of energy industry in Caribbean countries

Adapting limited resource and explore alternative solution

Understand Caribbean culture

Having fun and smile while working