Military, Contractors, Make Progress on Energy Efficiency
Environmental Leader magazine has a pair of stories covering achievements in the defense sector:
Lockheed Martin received several awards in 2008 for its progress towards the aggressive 25% reduction goals for carbon, waste, and water use it had set in 2007. The firm has set 2012 as the target date, and is also expanding its sales of related conservation services. EL story.
Meanwhile, the US Navy has reduced its overall energy consumption level by 12% as of this year. Since few additional funds were allocated, the Navy is using “share-in-savings” where contractors pay for the upgrade and capital costs, then the Navy pays them back through resulting savings in its energy bills. Environmental Leader’s story details some of these arrangements.
On a comparable note, Raytheon’s Enterprise Energy Team received one of Raytheon’s 2007 Excellence in Operation and Quality award in June 2008. The team achieved Raytheon’s 2-year goal and decreased total company-wide energy consumption by 17% during 2007, vs. an adjusted 2005 baseline. The firm saved $10 million in energy costs during 2007, and avoided 104 million kWh. Since energy constitutes 90% of the firm’s greenhouse gas footprint, the firm expects to meet its greenhouse gas reduction goals a year early.
Full disclosure: DID LLC recently signed a financial agreement with Environmental Leader magazine that involves mutual investments. DID’s long-standing coverage of energy issues and their implications for military procurement will continue, and we look forward to working together with Environmental Leader on key trends and stories of interest.
