QUICK NEWS, July 9: NEW ENERGY SAVED TOP 100 $1.1BIL; WIND EASES DROUGHT; SMART CITIES BIZ TO TRIPLE TO $27.5BIL
NEW ENERGY SAVED TOP 100 $1.1BIL Fortune 100 companies saved $1.1B using renewable energy; Ironically, energy companies and financial services companies are the biggest laggards
Lucas Mearian, July 1, 2014 (ComputerWorld)
“…[M]ore than half of Fortune 100 companies collectively saved $1.1 billion in energy costs by rolling out renewable energy programs…[according to Power Forward 2.0 from] Ceres, David Gardiner & Associates, Calvert Investments and the World Wildlife Fund…43% of Fortune 500 companies, or 215 in all, have set targets in one of three categories: reducing greenhouse gas emissions, improving energy efficiency and using renewable energy. When narrowed to just the Fortune 100, 60% of the companies have set the same clean energy goals…The 53 Fortune 100 companies reporting on climate and energy targets to the Carbon Disclosure Project [including UPS, Cisco Systems, PepsiCo, United Continental, General Motors, Intel, Wal-Mart, AT&T and Dell] have, according to a conservative estimate, saved $1.1 billion annually through emission reduction and renewable energy initiatives…” click here for more
WIND EASES DROUGHT Record Wind Output Helping Keep The Lights On During Record Drought
Michael Goggin, 25 June 2014 (American Wind Energy Association)
“One of wind energy’s most overlooked benefits is that it requires virtually no water to produce electricity, while almost all other electricity sources evaporate tremendous amounts of water…California is currently facing a record drought…[with precipitation at only 61 percent of average, the remaining snowpack at 2 percent of average, and the state’s main reservoirs at only 50-70 percent]…The drought has taken a toll on California’s hydroelectric generation, though wind energy is helping to pick up the slack. Through the end of April, California’s year-to-date hydroelectric generation stood at 3,981 GWh, down 3,475 GWh or 47%...Wind generation more than made up for that shortfall, providing 3,955 GWh…[T]he state grid operator set a new wind energy generation record of 4,768 MW on April 12 at 5:48 PM. This eclipses the previous record of 4,302 MW, which was set on June 23, 2013…Last week, the Department of Energy released an in-depth report that explores the many ways our energy and water resource systems are intertwined [and it noted that renewables like PV and wind energy require “very little” water]…” click here for more
SMART CITIES BIZ TO TRIPLE TO $27.5BIL Smart Cities; Smart Technologies and Infrastructure for Energy, Water, Transportation, Buildings, and Government: Business Drivers, City and Supplier Profiles, Market Analysis, and Forecasts
2Q 2014 (Navigant Research)
“…[City leaders are] laying out a vision for how cities can use technology to meet sustainability goals, boost local economies, and improve services. This commitment to changing how cities operate is driving the continued interest in smart cities. Moreover, the smart city concept is evolving…[and a] growing range of suppliers [are delivering] solutions to meet their emerging needs…including energy management, water management, urban mobility, street lighting, and public safety, for example. These innovations are underpinned by general developments in areas such as wireless communications, sensor networks, data analytics, and cloud computing. The smart city concept is also driving new integrated approaches to city operations. Navigant Research forecasts that global smart city technology revenue will grow from $8.8 billion annually in 2014 to $27.5 billion in 2023…” click here for more
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