Cost of Cooking
Half the planet lacks access to clean, affordable energy. BioLite is a US-based company that creates off-grid solutions that deliver clean, affordable energy to people all around the world.
The Need :: More than 3 billion people cook on wood and other solid fuels. The toxic smoke that results from these indoor cooking
fires kills 4 million
children. Although less costly than petroleum alternatives, solid fuel
in areas where wood must be purchased, it can account for 10-15% of their income.
Cost of Cooking 4 Million Smoke Related Deaths Hours Collecting Wood Greenhouse Gas Emissions Deforestation
release the equivalent of up to 2 tons of greenhouse gases into the atmosphere every year in the form of carbon dioxide, methane, nitrous oxide, and black carbon. Most families who cook on wood also lack access to electricity. Homes are lit with expensive, polluting kerosene candles. At the same time, a growing number of off-grid consumers are purchasing mobile phones. While the cell phone has shown itself to be a strong economic development tool in many communities, recharging the devices remains an expensive, time consuming obstacle for many off-grid users.
The BioLite Solution :: The BioLite stove offers unparalleled
emissions reductions combined with economic incentives to drive consumer adoption. Leveraging our patent-pending thermoelectric fan technology, the stove slashes toxic indoor smoke by 95% while eliminating up to 1.5 tons greenhouse gas emissions per stove each year. Unlike previous “ultra-clean” stoves which require a combination of plug-in electricity, expensive pre-processed fuels and complex behavior changes, our design requires no external power and works well with both the fuels and cooking habits women have always used. 95% Smoke Reduction 50% Fuel Reduction 1.5 Tons CO2 Avoided Electricity Access
direct economic returns through a combination of electricity generation and fuel savings. Our device charging capability facilitates widespread use of clean LED lights and generates an average savings of $40 per year in avoided cellphone charging fees alone. The BioLite stove also cuts fuel consumption in half, saving wood purchase costs, reducing the burden of fuel collection on women and creating time for income generation through other activities.
Patent-Pending Technology :: BioLite’s core differentiations “Direct Conduction Thermoelectric Technology”. The system converts to operate in the off-grid environments where our customers live. While cost competitive with solar alternatives, our product requires no panel installation or wires and can be operated on demand regardless of the sun. BioLite has patents pending both in the US and internationally.
The BioLite HomeStove Executive Summary
www.BioLiteStove.com
1
“With the right advances, new stoves could even use their own wasted heat to produce electricity that powers smoke-clearing fans, mobile phones, and even household lights.” -- Secretary of State Hillary Clinton [referring to BioLite Stoves at the UN Clean Cooking Alliance launch, Sept 2010] Pilot Programs :: Over the past two years the HomeStove has evolved from trials on four continents to ensure that the product fully meets a wide range of reliability, and durability. In 2012, the HomeStove will be deployed in large-scale pilot programs in India, Ghana, Kenya and Uganda as we deepen relationships begin large scale sales through partnerships with local distributors. Over the next over one million homes across India and Sub-Saharan Africa.
Business Model :: We believe in market-based approaches to poverty alleviation. By creating solutions that are effective, affordable and desirable to the end user, we can reach more people more effectively. Sales of the CampStove help to support the onetime market establishment costs for the HomeStove. This is not charity, or a one-for-one model, but simply the capital needed to incubate self-sustained energy access for the people who need it most. Competition :: A number of companies, including Philips, with improved cookstoves, yet none has created the combined scale adoption of clean cooking technologies. The BioLite CampStove, designed for outdoor adventure and emergency preparedness, makes cooking on wood as clean, safe and easy as petroleum fuels while powering electronics off-grid. Campers no longer need to purchase or carry expensive fuel or batteries on their journey. The CampStove also provides a means for the company to generate near-term revenues while building our HomeStove sales in developing countries.
greater than 90% emissions reduction without reliance on external electricity sources or prepared fuels. At half the cost of competitive “ultra-clean” stoves, our products are built to be affordable to our end customer. The product is also the only cookstove capable of generating electricity from its own waste-heat to deliver economically valuable mobile phone and LED light charging.
Management Team :: BioLite is a multidisciplinary team of entrepreneurs, designers and engineers committed to developing high quality products that address broad social needs. Together the team has over 50 years of product development experience and holds more than 30 utility patents. Previous clients include OXO, Johnson & Johnson, Hewlett Packard, Nike, Lego, Church and Dwight, Pepsi, GE, Lockheed Martin, Boeing, Motorola, and Bosch. More than 90% of our products have gone on to be successful in the market. Selected Awards and Recognition ::
The BioLite CampStove
Awards: 2011 St. Andrews Prize for the Environment • 2011 BusinessWeek America’s Most Promising Entrepreneurs • 2010 Sustainable Brands Innovation Open • 2010 Vodafone Wireless Innovation Prize
Coverage: Forbes • BusinessWeek • TechCrunch • Fast Company • Men’s Health • McKinsey & Co • ABC News • Wired • Guardian • ABC News • Wired • Guardian • New Yorker • Wall Street Journal
CONTACT | info@biolite stove.c o m Executive Summary
www.BioLiteStove.com
2
The Need :: More than 3 billion people cook on wood and other solid fuels. The toxic smoke that results from these indoor cooking
fires kills 4 million
children. Although less costly than petroleum alternatives, solid fuel
in areas where wood must be purchased, it can account for 10-15% of their income.
Cost of Cooking 4 Million Smoke Related Deaths Hours Collecting Wood Greenhouse Gas Emissions Deforestation
release the equivalent of up to 2 tons of greenhouse gases into the atmosphere every year in the form of carbon dioxide, methane, nitrous oxide, and black carbon. Most families who cook on wood also lack access to electricity. Homes are lit with expensive, polluting kerosene candles. At the same time, a growing number of off-grid consumers are purchasing mobile phones. While the cell phone has shown itself to be a strong economic development tool in many communities, recharging the devices remains an expensive, time consuming obstacle for many off-grid users.
The BioLite Solution :: The BioLite stove offers unparalleled
emissions reductions combined with economic incentives to drive consumer adoption. Leveraging our patent-pending thermoelectric fan technology, the stove slashes toxic indoor smoke by 95% while eliminating up to 1.5 tons greenhouse gas emissions per stove each year. Unlike previous “ultra-clean” stoves which require a combination of plug-in electricity, expensive pre-processed fuels and complex behavior changes, our design requires no external power and works well with both the fuels and cooking habits women have always used. 95% Smoke Reduction 50% Fuel Reduction 1.5 Tons CO2 Avoided Electricity Access
direct economic returns through a combination of electricity generation and fuel savings. Our device charging capability facilitates widespread use of clean LED lights and generates an average savings of $40 per year in avoided cellphone charging fees alone. The BioLite stove also cuts fuel consumption in half, saving wood purchase costs, reducing the burden of fuel collection on women and creating time for income generation through other activities.
Patent-Pending Technology :: BioLite’s core differentiations “Direct Conduction Thermoelectric Technology”. The system converts to operate in the off-grid environments where our customers live. While cost competitive with solar alternatives, our product requires no panel installation or wires and can be operated on demand regardless of the sun. BioLite has patents pending both in the US and internationally.
The BioLite HomeStove Executive Summary
www.BioLiteStove.com
1
“With the right advances, new stoves could even use their own wasted heat to produce electricity that powers smoke-clearing fans, mobile phones, and even household lights.” -- Secretary of State Hillary Clinton [referring to BioLite Stoves at the UN Clean Cooking Alliance launch, Sept 2010] Pilot Programs :: Over the past two years the HomeStove has evolved from trials on four continents to ensure that the product fully meets a wide range of reliability, and durability. In 2012, the HomeStove will be deployed in large-scale pilot programs in India, Ghana, Kenya and Uganda as we deepen relationships begin large scale sales through partnerships with local distributors. Over the next over one million homes across India and Sub-Saharan Africa.
Business Model :: We believe in market-based approaches to poverty alleviation. By creating solutions that are effective, affordable and desirable to the end user, we can reach more people more effectively. Sales of the CampStove help to support the onetime market establishment costs for the HomeStove. This is not charity, or a one-for-one model, but simply the capital needed to incubate self-sustained energy access for the people who need it most. Competition :: A number of companies, including Philips, with improved cookstoves, yet none has created the combined scale adoption of clean cooking technologies. The BioLite CampStove, designed for outdoor adventure and emergency preparedness, makes cooking on wood as clean, safe and easy as petroleum fuels while powering electronics off-grid. Campers no longer need to purchase or carry expensive fuel or batteries on their journey. The CampStove also provides a means for the company to generate near-term revenues while building our HomeStove sales in developing countries.
greater than 90% emissions reduction without reliance on external electricity sources or prepared fuels. At half the cost of competitive “ultra-clean” stoves, our products are built to be affordable to our end customer. The product is also the only cookstove capable of generating electricity from its own waste-heat to deliver economically valuable mobile phone and LED light charging.
Management Team :: BioLite is a multidisciplinary team of entrepreneurs, designers and engineers committed to developing high quality products that address broad social needs. Together the team has over 50 years of product development experience and holds more than 30 utility patents. Previous clients include OXO, Johnson & Johnson, Hewlett Packard, Nike, Lego, Church and Dwight, Pepsi, GE, Lockheed Martin, Boeing, Motorola, and Bosch. More than 90% of our products have gone on to be successful in the market. Selected Awards and Recognition ::
The BioLite CampStove
Awards: 2011 St. Andrews Prize for the Environment • 2011 BusinessWeek America’s Most Promising Entrepreneurs • 2010 Sustainable Brands Innovation Open • 2010 Vodafone Wireless Innovation Prize
Coverage: Forbes • BusinessWeek • TechCrunch • Fast Company • Men’s Health • McKinsey & Co • ABC News • Wired • Guardian • ABC News • Wired • Guardian • New Yorker • Wall Street Journal
CONTACT | info@biolite stove.c o m Executive Summary
www.BioLiteStove.com
2
