Development of a Business Plan for an Integrated Light Pole Wind Turbine System in Puerto Rico

Published in: Engineering, Integration, and Alliances for a Sustainable Development. Hemispheric Cooperation for Competitiveness and Prosperity on a Knowledge-Based Economy: Proceedings of the 18th LACCEI International Multi-Conference for Engineering, Education and Technology
Date of Conference: July 27-31, 2020
Location of Conference: Virtual
Authors: Jannette Pérez-Barbosa (Universidad Ana G. Méndez - Recinto de Gurabo, PR)
Hector Martínez-Rosa (Universidad Ana G. Méndez - Recinto de Gurabo, PR)
Pedro Rodríguez-Ocasio (Universidad Ana G. Méndez - Recinto de Gurabo, PR)
Full Paper: #19

Abstract:

A university team worked on a new product development to reduce the energy costs associated with public illumination. The research deliverables include the development of a business plan that proposes a substitution of the current energy source with an eolic alternative. The proposed application could result in savings of approximately $ 100 million annually. Topics within the research include application and market identification, evaluation of alternatives and risk analysis.