ACCESS TO ENERGY FOR THE BASE OF THE PYRAMID
“Access to Energy for the BOP” is the result of a consulting assignment undertaken for three energy leading corporations: GDF SUEZ, Schneider Electric and Total. These three companies agreed to share part of this work in a public report, in order to contribute to spreading innovations that are transforming lives of customers from the BoP, i.e. the 4 billion poorest people.
The report analyzes projects serving the poorest, and that are economically viable and scalable. It presents solutions to provide electricity to the 1.6 billion who still don’t have it. It looks for alternatives for the 3 billion who still cook with biomass, whilst a staggering 1.6 million dies every year due to the toxic effects of indoor fires.
Solving these problems is a market opportunity. Despite being poorly served or even endangered, the poor are paying for energy. And they often pay more than the others, for instance when slum dwellers have to go through local mafias to get an erratic electricity connection. The 4b poorest people, forming the BoP spend almost $500 billion (PPP) on energy each year. These consumers are generally out of the scope of energy corporations. But over the world, pioneering organizations have taken the challenge of bringing better products and services for the poorest using market-based mechanisms. The “Access to Energy for the Base of the Pyramid” presents examples of their promising innovations that now need to be scaled up.