Lockheed Martin is committed to engineering solutions that enable safe, resilient, modern societies for generations to come.
Watch how the company is putting commitment into practice in this short video featuring Lockheed Martin Senior Vice President Leo Mackay, head of the corporation’s award-winning sustainability, ethics and enterprise risk-mitigation programs, and Vice Present Frank Armijo, head of the corporation’s commercial and military energy business.
The renewable energy industry has come a long way since 1975, when the first utility-scale wind generation project came online in California. By the end of 2017, all renewable energy sources provided about 17 percent of total utility-scale power generation in the U.S., with about 10 percent of this total coming from wind and solar facilities.
Utilities are adapting to the new energy grid under threat of significant economic challenge
To effectively map out the current and future states of power delivery, it’s imperative to discuss what the landscape looked like in the past. Understanding the evolution of any industry typically requires a healthy dose of historical context, and making sense of today’s energy grid is no exception.
The renewable power boom has spawned a growing need for robust energy storage
Bolstered by decreasing costs and strengthening regulatory support, demand for renewable energy is increasing as wind and solar photovoltaics continue to become more prominent contributors to utilities’ generation and revenue mix. As enthusiasm for renewable energy grows, wind and solar remain hampered by how much energy can be stored when generated to be used subsequently when energy is needed.
New scenarios are emerging that pair storage with conventional gas turbine generation
The cost of energy storage has fallen to the point where the power generation industry is moving from demonstration projects to full deployment. Driven by demand and a federal order designed to nurture broader adoption of storage capabilities, practical applications of energy storage are emerging that are competitive with conventional solutions.
In addition, continued annual reductions in the cost for storage will reveal more and more applications where energy storage makes economic sense. A great example can be found in the performance optimization of gas turbines.
More than 27,000 trees to be distributed to homeowners across the country to promote energy savings and fuller tree canopies
LINCOLN, Neb., October 17, 2018 /3BL Media/ – The Arbor Day Foundation announced today the beginning of its fall tree planting initiatives through its Energy-Saving Trees and Community Canopy programs.
Competitors Coming Together to Chart a Strategic Course for the Future
The beverage sector is facing increasing stakeholder pressure to be more productive while also consuming less energy and reducing carbon emissions. The good news is that there are considerable opportunities to improve energy efficiency and reduce greenhouse gas (GHG) emissions—if we come together to tackle the challenges standing in the way.
More than a decade ago, some of the world’s largest and niche beverage organizations came together to do just that, and the Beverage Industry Environmental Roundtable (BIER) was born.