Energy Minute

General Electric Helps Hurricane Sandy Relief; Grand Hyatt Tampa Bay Installs Passive Energy HVAC System - Energy Minute for November 15, 2012

Press Release

GE is providing monthly financing options to customers in New York and New Jersey who need to retrofit or replace backup power equipment due to damage from Hurricane Sandy. The company’s manufacturing facilities have also increased their production schedules to meet the demand for key electrical distribution equipment and components to expedite the delivery of electrical equipment to restore and maintain power.

PG&E Employees Help in Hurricane Sandy Relief; Hydro Ottawa Sponsors the 5th Annual CCSR Conference - Energy Minute for November 12, 2012

Press Release

More than 150 PG&E electric workers traveled to New York to help restore power to people impacted by Hurricane Sandy. The employees were drawn from across PG&E’s entire service area throughout California. It is believed to be PG&E’s biggest effort ever to aid another utility.

Germany Beats Renewable Energy Production Forecast; Deutsche Bank Projects 11% Growth in Electric Vehicles - Energy Minute for November 9, 2012

Press Release

The share of electricity produced in Germany from renewable energy sources is expected to beat the government’s forecast, reaching almost 50 percent by 2025. The current expansion of wind, solar and other renewable power sources will top the official target of 35 percent by 2022. Renewable energy’s share in Germany’s electricity production has risen from 17 to 25 percent, driven by subsidies and investment incentives, since the country decided to phase out nuclear power after Japan’s 2011 disaster.

Ontario Renewable Power Suppliers Watch Michigan Vote on Power Mandate; Schneider Electric Cuts Energy Use by 25% - Energy Minute for November 6, 2012

Press Release

Alternative energy producers in Ontario are waiting to see if Michigan voters approve Proposal 3. Proposal 3 mandates that 25 percent of the state’s electricity must be provided by renewable resources by 2025. Unconquered Sun Solar Technologies of Windsor is planning to enter the U.S. market if the proposal passes.

Kohlberg Kravis Roberts Expands Green Portfolio; NativeEnergy Installs New Wind Turbine at Indiana High School - Energy Minute for November 1, 2012

Press Release

Kohlberg Kravis Roberts and Company’s Green Portfolio now accounts for a financial impact of $365 million from cost savings through cutting energy and water consumption and reducing waste across the 13 companies in the program. Through the GPP, KKR estimates that it has avoided 2.2 million tons of waste and 810,000 of greenhouse gas emissions, and has reduced water usage by 300 million liters. KKR was the first U.S.

Mattel to Cut Carbon Emissions and Reduce Packaging; Bombardier’s eco VHS Train Wins Third Design Award - Energy Minute for October 31, 2012

Press Release

Mattel plans to cut its carbon emissions by 40 percent by 2015 and 50 percent by 2020, from a 2008 baseline, as part of the company’s first set of measurable sustainability goals. Mattel also aims to improve its packaging material efficiency by five percent by 2015 and increase the amount of recycled material and sustainably sourced paper and wood fiber in its packaging to 85 percent, also by 2015.

Fedex Begins A Solar Power Installation At New Jersey Facility; EU Changes Biofuels Target Limit; Penn West Sells $1.3B In Assets - Energy Minute for October 24, 2012

Press Release

FedEx has broken ground for a large solar installation at its Newark, New Jersey facility. The project will cover 3.5 acres, and will supply 15 percent of the facility’s power needs at a lower cost than the energy currently provided from the grid.

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