Employment
- La Marque Independent School DistrictTeacher & Varsity Soccer Coach | 2009 - 2010
- Wolff Center for EntrepreneurshipProgram Director | 2008 - 2009
- University of HoustonProgram Director | 2008 - 2009
- HCAHelp Desk Analyst | 2007 - 2008
- Best Buy StoresGeekSquad Agent | 2004 - 2008
- EyeMastersSalesman | 2001 - 2002
Education
- University of Houston-Clear Lake - MathematicsBA | 2006 - 2008
- University of Houston, C.T. Bauer College of Business - Entrepreneurshipn/a | 2004 - 2006
- Wolff Center for Entrepreneurship - EntrepreneurshipEntrepreneurship | 2004 - 2006
- Massachusetts Institute of Technology - Materials Science Engineering, Business Managementn/a | 2002 - 2004
Reducing transmission loss through Solar Cells -24 billion annual loss
Technology
We will address how our technology works next week.
Financials
Phase 1: Construction and testing of prototype model.
Phase 2: Producing, marketing and selling product. Given the low production cost of the solar cell product we expect total costs of 500,000 to sell the fist 10,000 with subsequent cost of sales decreasing.
The California Department of Energy estimates 24 billion dollars is lost annually because of inefficient electricity distribution. Five College Energy Solutions has a product marketed for utilities to reduce that loss substantially.
Our specially designed solar cells will be placed on transmission poles to reduce line loss. Our product opens access to new markets because of usability in low-sunlight climates. Our solar cells will boost line efficiency by augmenting transmission line power and do so at a zero generation cost. The cost of the solar cells will be fixed, will not require volatile commodity inputs and unlike most green energy does not suffer from diseconomy of scales.
Our imminent milestone will be constructing a prototype. We approximate the cost will be 35,000.
The second milestone will involve production, marketing and sales. Given the low production cost of the solar cell product we expect total costs of 500,000 to sell the fist 10,000 with subsequent cost of sales decreasing.
Two, at a maximum of three. We expect to deliver a profit within a year.
Our targeted customer base: Private and municipal energy power utilities; energy network operators and energy service providers.
Transmission line loss is responsible for 24 billion dollars of wasted electricity each year. Our product will reduce line loss in a cost-effective matter and by doing it using a mode of green energy which has shown to be increasingly popular with customers.
Our target market represents a significant share of the utility market. Our target market focuses on business and public entities who sale or transmit electricity using transmission networks.
We are not aware of any corporations or start up firms operating with similar technology. Indirectly we will compete with on site generation firms.
Making green energy economical.
We will sell directly to private and public utilities and energy network operators. In addition we will target developing nations who are still in the process of establishing national grids.
By installing specially designed solar cells on transmission poles we will reduce the line loss doing so will reduce the increase of electricity sent from transformer stations to compensate the loss of electricity and the amount of electricity loss during transmission. The solar cells will boost line efficiency by augmenting the amount of power introduced to the line and would do so at zero generation cost. In addition because of the fixed cost of our product they will be feasible in climates areas of limited sunlight like the northeast/northwest because any increase of line power at zero generation cost is of benefit to utilities. The cost of the solar cells will be fixed and unlike other methods of generation do not require commodities and like traditional use of solar cells/wind energy do not suffer from diseconomy of scales.
Biography
Hello, My name is Mason Woolley. I hold an associates degree and will be graduating with an economics degree in 2012. I have have some background in business owning and operating a online store called Five College Selections which specializes in selling textbooks and electronics catered to a student population. Upon graduation I will devote my economics degree to studying inefficiencies in our society which will yield large benefits if corrected.
Employment
- TecnocompTécnica de Suporte | 2011 - current
- Instituto Brasileiro de Geografia e EstatísticaAgente Censitário de Informática | 2010 - 2010
- Nasajon SistemasTécnica de Suporte | 2008 - 2010
Employment
- Channel CableDirector | 2011 - current
- AtuliaPartner | 2011 - current
- EuropaGridFounder & CEO | 2011 - current
Employment
- SolSource Inc.Chief Operating Officer | 2011 - current
- Main Street Power Co.Interim Chief Operating Officer | 2009 - 2009
- DealerMilesChief Executive Officer | 2001 - 2009
- DriveOff.com/Microsoft CarpointProject Director > Program Director | 2000 - 2001
- American Honda Motor CompanySales Analyst > District Sales Manager | 1994 - 1997
- AAA ColoradoAuto Buyer | 1991 - 1994
- J.D. Power and AssociatesAdvertising Coordinator > Assistant Project Director | 1990 - 1991
Education
- University of Denver - Daniels College of Business - BusinessMBA | 1997 - 1999
- Colorado College - Political ScienceBA | 1986 - 1990
World's First Self-Powered Modular Cellulose Ethanol Refinery Announced
A new model takes the production to the marketplaces where the fuel is needed, eliminates costly logistics and materials handling, eliminates corn or other commodity-based feedstock, and is poised to take maximum advantage of trending fuel delivery mechanisms
