ESG has a Vision New world that ESG’s unrivaled wind power technology creates.
ESG has a Vision
New world that ESG’s unrivaled wind power technology creates.
ESG has a Vision
New world that ESG’s unrivaled wind power technology creates.
ESG has a vision that “anyone can create electricity they need, generate electricity, participate in generation business, sell or purchase electricity at a reasonable price, and resolve the power poverty of the world.” Electricity can be generated to use anywhere where electricity is needed, and the electricity data and observed wind conditions are revealed in real-time without the authorization of the national agency. Data recorded on the blockchain is systematically managed with big data technology, and electricity generated on ESG is transparently traded. For such features, ESG collects and verifies data, and provides guidance for the trade.
The Key of ESG Business
ESG is a small wind power generator sales business and a platform that uses and shares electricity generated by wind power generation and sells and shares the dump power. Any individual, corporate, or community may sell, install, use, and/or commercialize small and medium wind power generators. ESG Coin takes the central role of installing, using, and sharing wind power generators. The amount of wind power detected by small wind power generators installed around the world is stored as big data, verifying the investment of wind power generation business. The amount of wind power in each area of the world is stored and managed on the blockchain. With this process, ESG can provide the wind power observation data of the world, establishing a new economic ecosystem of wind power users, investors, and foundations.
The Trend of Global Wind Power Business
According to the data of Overseas Economy Research Institute of Export-Import Bank of Korea, COVID-19 was expected to inflict a negative influence on the global demand for wind power generation, but it recorded an all-time high for the installed volume of global wind power generation with 96.8GW, which was 52.9% increase of what it was in the previous year. The volume of the global land-based wind power generation was recorded at 90.2GW, which was a 70.2% increase compared to what it was in the previous year, and the volume of the global ocean-based wind power was recorded at 6.6GW, which was a 15.4% decrease compared to what it was in 2020. Thus the global wind power generation market is growing, centered on land-based wind power generation, and ocean wind power is remaining at its early market stage due to high development and installation costs. The volume of wind power generation by country is 57.8GW for China, and 16.5GW for the US, which sums up to 74.3GW with two countries alone, taking 82.4% of the global wind power generation. The volume of installation of wind power generation in China in 2020 was increased by 93.3% of what it was in the previous year, taking 59.7% of the global demand for wind power and leading the global wind power generation market.
Global Wind Power Generation Market
In a long term, the reduction of greenhouse gases and the enhancement of ESG business administration that became the recent major talk prospects that the global demand for new renewable energy would continuously increase, and by accumulation the volume of installed wind power generation is estimated to reach 4,100GW by 2050, taking the second place following the volume of installed solar power generation at 8,000GW. The future wind power generation is estimated to be the main source of energy for the production of green hydrogen. Using the electricity generated by wind power to produce hydrogen with water electrolysis is prospected to be the main production method of green hydrogen.
The necessity of expansion of city-type wind power generators and overseas example cases
Modern society has the challenge of environmental crisis and response to air pollution, transition to safe energy, and increase of energy independence rate. There is a low environmental influence of damage and installation condition to small wind power generation, and the installation is easy if the wind condition is met, being the most appropriate solution to resolve the energy crisis of modern society. Hence globally small wind power generation for the city is continuously increasing. Such a trend is proved by the data that about 650MW is increasing per year. It is practically impossible to install massive wind power generators due to particular installation conditions, and there is a limitation to the amount of sunshine, being a challenge for the efficiency of solar-powered generators. For these reasons, the social demand for wind power generation is increasing.
The global number of installation of small wind power generators are beginning at the opening of the market. By country, in 2018, China had 0.89 million generators installed, taking 76% of the total number of small wind power generators in the world, followed by the US (169,435), and the UK(29295). Korea has 1,900 generators installed, being 11th in the world.
New world that ESG’s unrivaled wind power technology creates
The problem with low wind power generators developed so far was electricity generated with the breeze for low voltage being wasted when they are lower than the charging voltage of the battery. The reason the breeze does not generate electricity well is mostly that the wind is too weak, but it is also because the blade of the generator is too heavy for the breeze to generate wind. But making the blades light could cause a serious problem with the durability, putting small wind power generators for cities in dilemma. Such an issue was the major cause that hinder the development of the wind power generation industry.
ESG’s complex blade with improved performance
ESG has resolved this issue with LCM Energy Solution and has mass production ahead. ESG has succeeded increasing RPM by making blades lighter, and creating a form that allows mass production. Moreover, every wind power generator in the world gets electricity wasted if the electricity generated at a low speed has a lower voltage than the charging voltage, but ESG has developed a charging technique that uses a supercapacitor to make a sort of reservoir to collect wasted power and push it out when it reaches a certain voltage. This technology is innovative, and it is the world’s new creation, making it impossible to make a copy.
ESG is a 1KW generator that can generate at most 24KW per day. But as the wind cannot blow all day long, it can generate 10KW per day as the test result shows, and it can generate 6KW per day on average. ESG succeeded at generating electricity even with a very mild breeze.
The ecosystem of ESG is composed of “users” who install the wind power generators ESG produces, “investors” who invest into ESG wind power electricity business to fold out profit business, “Sellers” who produces electricity with wind power to sell, and “consumers” who simply purchases shared electricity or batteries that use the electricity produced by ESG business. “Users” use the electricity generated by the wind power generator installed and sell the dump power, taking the role of a seller as a user.
The flow of the electricity business investment
Investors can invest in wind power generation regional centers to gain investment profits. The investment method for the ESG wind power generation regional centers is purchasing ESG coin at the foundation and staking it. The ESG Foundation shares the profit to the coin holder who staked the coin in a form of interest. Sellers producing electricity with wind power can transfer the electricity produced by the wind power generators they installed and operate or sell it contained in a battery for profit.
Also, the wind condition information provided by the wind power generator the user installed can be sold, and it is traded at a price the individual or the corporate that wishes to buy the wind condition information mutually agrees on. The consumers refer to the individual or the corporate that simply purchases the electricity produced by the wind power generator. All such activities are done with ESG coin, and the standard value of ESG is defined by the price on the exchanges or CoinMarketCap. All things traded with ESG are recorded on the blockchain, and the users can receive benefits or incentives by the amount of the transactions.
The carbon emission business
The carbon emission business is one of the very important businesses that takes the center of ESG businesses. People producing electricity with ESG’s wind power generation and doing carbon emissions business trade with ESG foundation, and the standard of the trade is ESG coin. Traded carbon emission via ESG is sold to the carbon emission buyer via the carbon emission market data platform by the ESG foundation, and the payment is given to the seller.
Issuance and Distribution
- The token used on the ESG platform is ESG.
- The total volume of ESG Coin is 3 billion, and if all 3 billion is issued, there will not be any additional issuance.
- Issued ESG Coin will be distributed as the following plan
• Director of Korean Branch of US FDA International Science Research Lab (Present)
• General Manager of Korean representative office of Kyrgyzstan Economic and Trade (Present)
• Honorary Professor of the National Medical College of Kyrgyzstan (Present)
• President of LCM Science Co., Ltd. (Present)
• President of LCM Energy Solution Co., Ltd. (Present)
• Master of Business Administration, Graduation School of Business, Kyung Hee University
• Director of LCM Science Co., Ltd. (Present)
• CEO of LCM Energy Solution Co., Ltd. (Present)
• Graduated from Seoul National University's College of Education
• Shenyang Normal University Chinese Ancient Mathematics Education
• Head of Business at GMC's Korea Headquarters
• Senior representative of China's delegation to the International Association of Mathematical Sciences (GMC).
• CEO of Rebekah Co., Ltd. (currently) of Naju Electric Vehicle Regeneration Battery Recycling Center
• General Manager of LCM Energy Solution Co., Ltd. (Present)
• Ph.d. of Mechanical Engineering, Hangyang University
• Acquired Patent Lawyer Certificate
• Korean Intellectual Property Office (Prev.)
• Representative Patent Lawyer, IP Kium Law Office (Prev.)
• Representative Patent Lawyer, Innovative International Patent Law Office (Prev.)
• Consultant, LCM Energy Solution Co., Ltd. (Present)
• Master of Economic Trade, Liaoning University, Shenyang
• Acquired Architecture Engineer Certificate
• Officer, SM Pump (Prev.)
• Architecture Engineer, LCM Energy Solution Co., Ltd. (Present)
Research Lab President
• Ph.D. of Computer Science and Engineering, Dongshin University