Comcast, Nestle lay the foundation for big energy wins
Smart Grid News, October 23, 2015. Image credit: Andrew A. Shenouda
Comcast Cable has developed a multi-year financial model that enables the company to anticipate its long-term capital budgeting needs for energy-efficiency investments. This summer, Comcast’s EDF Climate Corps fellow created an investment plan to scale the implementation of energy-efficient projects across its Northeast Division. These projects have the potential to reduce the division’s annual energy consumption by nearly 13 million kilowatt hours — equivalent to the annual electricity use of 1,200 homes.
Nestlé has committed to 100 percent renewable energy and is developing a strategy to help get there. Building on previous work, Nestlé Waters retained the services of an EDF Climate Corps fellow to analyze the potential for off-site renewable power for certain facilities in Texas and Pennsylvania. The fellow also brought multiple Nestlé U.S. companies together to help align on renewable purchasing strategies, thus increasing engagement, leverage and scale of potential future renewable power purchases.
It is estimated that just switching to renewable power at two of its facilities would position Nestlé Waters North America to save thousands of dollars per year in energy costs, while also reducing greenhouse gas emissions by 42,000 tons and energy-related water consumption by 48 million gallons. Once implemented, these projects could increase Nestlé Waters North America share of renewable power by nearly 15 percent.