Lockheed Martin Reports First Year of Progress Toward New Sustainability Goals

In late 2015, we reassessed our priority sustainability issues based on Lockheed Martin’s evolving business portfolio and highly dynamic environment. Beginning in 2016, we focus on five core sustainability issues made up of 23 factors. Our sustainability factors have two tiers of priorities: Tier 1 performance factors where we seek to accelerate progress by setting targets for 2017 and 2020; and Tier 2 factors that we will advance through continued management and disclosure, without setting new SMP goals.

Long-Term Planning Critical to Harnessing Distributed Energy Resources

As more and more customers begin exercising more control over how and where their energy is produced, utilities have a responsibility to make the appropriate infrastructure investments that will optimize smart grid benefits for all stakeholders.

This Earth Day, the World is Investing in the Most Valuable Asset We Have

Tamara Coger of Tetra Tech’s Environment and Natural Resources sector discusses the benefits of investing in sustainable natural resources management to people, societies, and economies around the world. All opinions expressed in this post are the author’s own.

GE and Southern California Edison Debut World’s First Battery-Gas Turbine Hybrid

GE (NYSE: GE) and Southern California Edison (SCE), an Edison International (NYSE: EIX) company unveiled the world’s first battery-gas turbine hybrid system in Norwalk, California. This is the first of two units that GE has delivered for SCE only months after announcing initial deployment plans of this innovative technology.

Shifting to a Digital Grid Forces System-Wide Grid Modernization

We are at the dawn of the Fourth Industrial Revolution, defined by its velocity and volume, scope and scale, and systems impact. The foundation of this new era is squarely built upon the success of the "digital grid." The first three revolutions—defined by the introduction of steam and mechanization, electricity and computing, respectively—all had profound societal impacts, but they lacked the exponential rate of technological breakthroughs and complexity that define the fourth.

More Stranded Assets

Much attention has been paid to the concept that global warming will cause a dramatic drop in the value of carbon
reserves. A major shift towards non-carbon-based energy and non-carbon feedstocks for chemical processes could “strand” assets tied to oil drilling, coal mining, and fracking activities. Various groups have tried to quantify the downside risk to energy companies, if the response to climate change occurs.

However, there are other assets that climate change could strand. And, there are other sustainability trends that could result in stranding other types of assets. Both corporate managers and investors should probably examine these risks, too.

Beyond Renewables: Bright Solutions that Make Reaching Your Energy Goals a Breeze

Decision makers from business, industry and government today are seeking integrated energy solutions — solutions which assure both a secure and affordable energy supply to meet today's and tomorrow's needs, and effective management of energy and overall operational costs. At GlobalCon this week, we’re sharing how companies can meet these goals in an era where renewables seem to be the go-to solution for many.

Southern California Cities Plug Into Charge Ready EV Program

Southern California Edison has launched its Charge Ready program to expand access to electric vehicle charging in its service territory, beginning with construction of the first charging stations in the cities of Lynwood and Ontario.

Smart Grid and Microgrids—the Hard Solution for Asia’s At-Risk Megacities

Disaster recovery remains a driving force for Asia, which experiences more natural disasters than any other region in the world. Floods, earthquakes and cyclones continue to wreak havoc—killing people, wiping out homes and livelihoods, and leaving economies in distress. However, there may be a solution that will help mitigate loss going forward—making small investments in the power grid today by embracing emerging smart grid and microgrid solutions will save these ever-expanding cities’ resources while critically improving disaster resilience and recovery of life in times of human tragedy.

4th Powering Progress Together Forum Happens in Singapore

The 4th Powering Progress Together forum took place in Singapore last March 16 at the Changi Exhibition Centre to kick off the Make the Future Singapore festival. A mix of industry experts, members from the academia, government leaders, partners in the business sectors, as well as media representatives were present.

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