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Platform Use Cases
As we were building the business model and writing the software, our faculty advisors encouraged us to be more specific and not support so many different use cases, but we saw value in a platform like this for so many different scenarios that we decided to support a broader range of activities. The following are the primary use cases the software was built to support. Community
In every community there are opportunities for profitable projects. A new generation hybrid power plant to replace an aging coal plant, a building efficiency retrofit, a solar rooftop for a school or warehouse. There are hundreds, if not thousands of project types and by involving the engineering, legal and financial skill implicit in your community you have the ultimate project finance best practice... alignment of incentives in the development, finance and operation of your project.
Private Equity
Traditional participants in the project finance industry can reduce transaction costs and benefit from the collaboration and efficiency of an online platform over the entire project development life-cycle. By having a central, always available yet completely permissioned and private workspace, costs come down and project development is accelerated.
Municipality
Municipalities have a special role in shaping the environmental and energy landscapes within their jurisdictions. Often cities will create local incentives, like grants and tax breaks, for certain project technologies deemed beneficial to the community. The platform is an ideal place for cities to disseminate information about their programs by creating reference projects. Later, developers taking advantage of the grants and incentives, by implementing the technologies, can use the platform to develop their projects efficiently, and local politicians can point constituents to the economic and environmental benefits their policies have created.
Vendor Solution
Company's with new and innovative energy and environmental technologies can benefit by using the platform as a sales channel. They can create a reference project and point potential customers to the platform as a resource of information. Project developers considering an implementation of the technology can gain by seeing an objective breakdown of the project's economics as well as an informative discussion.
Corporation
Being green is a very important marketing strategy for corporations worldwide. As public skepticism over such statements is common, firms can validate their claims, by proving their involvement and investment in various public facing projects that abate CO2 or generate clean electricity and fuel.
Research
If students and non-profits researching energy and environmental technologies can package their work into a project based paradigm, they have an excellent platform to disseminate their research findings and let others build upon their work, rather than it sitting in off-line non-collaborative databases and electronic files.
Facilities
Owners of large multiple dwelling facilities, like universities and multi-national campuses, already have complex building controls in place, but those often disparate systems are meant to control building operations and most do not have public facing components to show common metrics regarding efficiency and energy use. In the event a facility owner wants to undertake a performance contract or implement a green initiative the Project finance Platform can interface with facility systems and provide economic and environmental data about the project performance to both stakeholders and the general public.
Utility
Attorney's specializing in project finance know the importance of community engagement and outreach regarding utility scale power projects. Utilities can benefit from the community and public forum functionality of the platform in building support and combating nimby (not in my backyard) for their existing or propsed new projects.
Public Awareness
As the discussion of energy and the environment grows in the public domain, there is a need for an objective side by side analysis of project technologies. Natural Gas "fracking" and nuclear power come to mind as examples of technologies often debated in this regard. If the economics of these project types were more readily available, better and less contentious public policy decisions could be made.
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