Access to affordable
sustainable utility services for all
Vétown – in short
Make community based green economies mushroom
Vétown is a concept for making smaller independent communities all over the world thrive and prosper in the green economy of the future.
It provides:
- A plug’n’play solution for a circular utility infrastructure for local communities to secure supply of renewable energy and resources and generate wealth to the community.
- A digital platform for engaging, organizing, and enabling community members in the planning, management and operation of the circular utility infrastructure and other community facilities.
- An exponential financing model for the community and gearing of the initial investment to finance new Vétown projects once the first is established and it starts generating revenue to repay the investment.
Circular utility infrastructure
The circular utility infrastructure of Vétown lays the foundation for a well-functioning local economy
As illustrated it is structured in 3 levels of functions and facilities
The 3 levels are tightly connected in the overall supply grid, and the complete infrastructure is live monitored, operated and optimized by the Velink platform.
Apart from being hubs for the supply in each neighbourhood, the distributed utility units work as buffers in the grid, securing stability and resilience in the complete system.
Based on volume estimates and flow analyses this integrated circular system will work optimally for communities with approximately 20.000 inhabitants. If applied in larger communities, a Vétown will be set up in each district, instead of making one large.
The versions
Project development
The Vétown initiative is formally organized as a corporate entity – Vétown ApS – as an affiliate to Green Island Group.
Vétown ApS will engage development partners for the development and implementation of the concrete Vétown projects.
The Vétown blueprint, frame and platform enables partners to:
- Develop prospects for various kinds of Vétown projects.
- Point out potential sites for specific Vétown projects.
- Plan and implement these projects in close collaboration with the local community and commissioned suppliers and contractors.
Parallel to the development process, the financing of Vétown projects is facilitated in partnership with various financial stakeholders.
