IBM energy efficiency program saves $43 million

Armonk, N.Y., July 2, 2012 — IBM saved more than $43 million in electricity expenses and conserved 378,000 MWh of electricity last year, enough to power almost 34,000 average U.S. homes for a year.

IBM's energy conservation projects delivered savings equal to 7.4 percent of the company's total energy use, exceeding the annual goal of 3.5 percent. This was the result of an ongoing program involving 2,300 conservation projects at more than 364 IBM facilities around the world.

IBM will continue these conservation efforts and aim to eliminate 1.1 million MWh of energy consumption by the end of 2012.

From 1990-2011, the company's energy conservation efforts have avoided 5.8 billion kWh of electricity consumption, nearly 3.8 million metric tons of carbon dioxide emissions, and saved the company $442 million.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs