3FOOD

Third Industrial Revolution Consulting Group
PROPOSALS
1 Business Model Innovation
1.1 Develop an Internet platform and LuxLoop app for the purchase, exchange and
distribution of secondary sourced materials (short term example: excavation waste).
Create product descriptions, procedures and criteria. Establish quality assurance for the
information going into the database. Implement the required legal framework. Develop
the LuxLoop mobile App for easy exchange of technical data, specifications, availability
and quantity. This is key for raising awareness about the circular economy.
1.2 Pursue a 100% renewable power economy for Luxembourg by 2050. The precipitous
decline in the cost of wind and solar power should be seen as an EU regional and global
market potential. By making a national commitment, Luxembourg positions its leading
businesses, research centers, and financial sector to accelerate their learning and
experience curves by making the transition and transformation of the current
predominantly fossil and nuclear powered grid to a 100% renewable one. Luxembourg has
a well-integrated electricity system, with interconnectors enabling power exchanges
between wholesale operators. The Fraunhofer Institute has performed an economicengineering
assessment for a 100% highly energy efficient, renewable-powered
Luxembourg economy.
1.3 Engage the farming community in producing wind and solar PV power as “cash crops.”
Of the nation's total land area of 2,590 km 2 , roughly 52.6%, or 1,310 km 2 (131,000
hectares), consists of agricultural lands. The opportunities for transitioning to Renewable
Smart Power could provide a valuable additional revenue stream for rural farmers. As an
example, consider satisfying 22% of Luxembourg’s total energy needs through farm-based
wind power. It would involve harnessing 8.6% of the nation’s technical wind potential,
which could be accomplished with 319 installed turbines, each 5 MW rated power (total of
1,594 MW nameplate capacity). The spacing area would occur over 202 km 2 (roughly 15%
of agricultural land area, of which 90+% would still be available for farming). The
estimated LCOE (levelized cost of electricity) is estimated at €cents 7/kWh. The upfront
capital cost (in 2016€) is estimated at €1.89 billion, with an energy simple payback of 4.3
years. A farm cooperative could be established to carry out this opportunity for the
farming community.
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