PepsiCo targets 100% renewable power for US operations this year

PepsiCo | January 16, 2020

PepsiCo has announced plans to achieve 100% renewable electricity for its US direct operations this year. The US is the company’s largest market and accounts for nearly half of its total global electricity consumption. PepsiCo’s efforts in the US build on its progress in switching to renewable electricity around the world. Nine countries in PepsiCo’s European direct operations already meet 100% of their electricity demand from renewable sources. In 2018, 76% of the electricity needs of the PepsiCo Mexico foods business were delivered via wind energy. “We have entered a decade that will be critical for the future of our planet’s health,” said Ramon Laguarta, PepsiCo CEO. “PepsiCo is pursuing 100% renewable electricity in the US because the severe threat that climate change poses to the world demands faster and bolder action from all of us.”

Spotlight

Decisionmaking is a cognitive process defined by psychologists as the selection of a course of action from multiple alternatives (e.g. what to eat, where to shop). John Dewey, the pragmatic philosopher and psychologist, introduced the first decision process framework for consumer buying in his book How We Think, which was published in 1910. Since then, Dewey’s framework has been adapted many times, but the five basic stages of consumer decisions remain the same: problem/need recognition, information search, evaluation of alternatives, purchase decision and post-purchase behavior.


Other News
INDUSTRY UPDATES

ADO ebike Laboratory has been certified as "QTL Laboratory" by SGS

A DECE OASIS(ADO) | May 31, 2022

On May 27th, A DECE OASIS(ADO) ebike laboratory passed the internationally recognized organization SGS qualification as "QTL laboratory" certification! This is undoubtedly a breakthrough achievement and this is a new chapter for ADO right after the 1st anniversary ceremony. The laboratory is about 3,300 square meters located in south of Huizhou, with a total investment of 15 million RMB .The ADO Laboratory is committed to research new technology for building a better electric bike, also incubating leading innovative products. However, SGS advanced testing technology would definitely benefit on upgrades the quality of products, enhance the product research ability, and technological innovation ability in the electric bike industry as well . This certification is a recognized benchmark for quality and integrity. It provides comprehensive testing in accordance with EU, Canadian and other standards and issues widely recognized authoritative testing reports. It is the only leading brand designated by many notaries. ADO's DECE series products have passed SGS CE certification. However, the ADO laboratory has already met the SGS facility requirements and has many advanced testing instruments that can handle testing items such as comprehensive support for new product testing, component testing, electrical system safety assessment, and mechanical fatigue testing. It will cover functional testing of product, mechanical, material, strength properties, etc. As of today, ADO has more than 16 patents and 6 software copyrights, and developed the ADO G-Drive dual-mode control system, forming a differentiated competitive advantage in product performance. Now, with the support of SGS, CE certification and QTL laboratory certific ation, it means that ADO has an international leading edge in product quality and specifications. ADO always puts users first, insists on product quality and service, and is committed to building an ebike community with full of love and growth. With the strategic goal of building a global brand of technological innovation in the pedelec vertical industry, the dream has come true and become a global trustworthy brand from China as "Crescent Moon Spring".

Read More

SUSTAINABILITY

Data Centers Can Support the Electric Grid in a Boost to Global Renewable Energy and Sustainability Initiatives, According to an Omdia Survey

Omdia | February 08, 2022

A ground-breaking survey by research group Omdia showed that within the next four years data center operators will deploy uninterruptible power supplies (UPS) which are able to interact with the electric grid and support essential energy-management initiatives. The use of renewable energy is growing on all fronts and is becoming the new normal in the data center industry. The integration of variable renewable energy resources into a more dynamic electric grid comes with new challenges and technical requirements. Data centers are in a unique position to increase the reliability of the electric grid by allowing access to a part of their backup power systems. Data center UPSs have evolved to attain high efficiency, smaller footprints, improved battery energy storage systems (ESS), and monitoring systems. Smart grid ready UPSs incorporate technologies that enable the equipment to sense and interact with the electric grid, helping data centers to become smarter about the amount and timing of energy consumption, contributing to the pursuit of a more sustainable data center. The integration of renewable energy into the smart electric grid can benefit from smart grid ready UPS, to smooth out the unpredictability of renewable resources, balancing energy supply and demand, and to reduce or defer electric grid infrastructure investment. Manufacturers like Eaton, Schneider Electric, and Vertiv are already offering UPSs with these capabilities.” Moises Levy, PhD, Principal Analyst and lead of Omdia’s data center power, cooling and sustainability research practice To capture all viewpoints of this critical subject, Omdia surveyed a combination of data center operators, engineering, architecture and consulting firms, as well as, utility companies, across North America, the Nordics, UK, Ireland, France, Germany, and Australia. The nearly 380 respondents indicated that the top driver for adopting smart grid ready UPS is contributing to sustainability initiatives. This was followed by technology innovation pioneer, and reputation and competitive advantage. Importantly, the lion’s share* of respondents indicate they are confident that using smart grid ready UPS will not put their mission critical workloads at risk. Cloud service providers were pointed out as the vertical that is most likely to benefit from smart grid ready UPS by nearly half of the survey respondents. However, enterprises from all vertical industries are a part of the conversation as long as they operate a data center. From a regional perspective, the Nordics, and UK and Ireland are the two regions leading the number of UPS with capabilities to interact with the grid being deployed. About 80% of respondents estimated that 10-50% of the capacity of batteries in the data center today is excess and can be potentially used to support the electric grid. This would be a significant enabler to the integration of variable renewable energy sources into the electric grid. Most respondents indicated that solar and wind were the two microgrid applications which would most benefit from utilizing this technology. “The data center industry is the backbone of the digital economy and has enabled significant efficiencies in how we conduct business, communicate with one another, and develop innovative technologies. From this perspective the data centers are already a force for good which is making the world more sustainable. With emergence and proliferation of smart grid ready UPS technology data centers are enabling an even more sustainable world,” said Vlad Galabov, Research Director at Omdia’s Cloud and Data Center Research Practice. The Omdia Uninterruptible Power Supplies (UPS) Intelligence Service covers comprehensive insights and forecast of the UPS hardware and services markets. Omdia’s UPS trackers continue to evolve and build on our existing, detailed database of the market. Using the reports clients can master with detailed data, trends, forecasts, and trusted insights. * 77% (very confident and confident), and 98% (including somewhat confident) About Omdia Omdia is a leading research and advisory group focused on the technology industry. With clients operating in over 120 countries, Omdia provides market-critical data, analysis, advice and custom consulting. Omdia was formed in 2020 following the merger of IHS Markit, Tractica, Ovum and Heavy Reading. Sitting at the heart of the Informa Tech portfolio, Omdia reaches over four million technology decision makers, influencers and practitioners that form part of the wider Informa Tech community and has specialist research practices focusing on Enterprise IT, AI, Internet of Things, Communications Service Providers, Cybersecurity, Components & Devices, Media & Entertainment and Government & Manufacturing.

Read More

ENERGY

Panasonic Joins Clean Energy Buyers Association (CEBA)

Panasonic | April 22, 2022

Panasonic, a global leader in EV battery manufacturing, has joined the Clean Energy Buyers Association (CEBA) as part of its expanded focus on clean energy initiatives, and to help advance its environmental sustainability goals in North America and around the world. As an energy customer member of CEBA, Panasonic aligns with the global alliance of peer companies, energy developers and service providers seeking to unlock the marketplace for energy customers and lead a rapid transition to a carbon-free energy future. "Panasonic has long been a leader in clean energy technology and manufacturing, including in solar and battery storage, but we must also do our part to mitigate the impacts of our internal carbon emissions, We look forward to becoming more involved in the CEBA member community and collaborating to promote and adopt innovative solutions to effectively deal with the climate crisis." -Megan Myungwon Lee, Chairman and CEO, Panasonic Corporation of North America. "Panasonic is proud to join CEBA, as we work to incorporate renewables, energy efficiency, and other innovative tools to reduce the carbon footprint of our operations, We look forward to leveraging CEBA's expertise as we continue on our journey to reach our 2030 and 2050 decarbonization goals." -Jeff Werner, Vice President, Corporate & Government Affairs, Panasonic Corporation of North America. On April 1st, Panasonic announced its GREEN IMPACT corporate initiative, aiming to create a global impact that reduces CO2 emissions by more than 300 million tons¹, or approximately 1% of the current total global emissions of 33 billion tons², by 2050. Focusing on four goals in the long-term environmental vision, Panasonic looks to reduce emissions in the value chain including lighting, air conditioning and ventilation; avoid emissions for customers in existing business areas like automotive batteries, supply chain software and air quality; develop new technologies and solutions like hydrogen devices; and use 100% renewable energy throughout its operations. As member of CEBA, Panasonic gains admission to numerous assets to support its environmental sustainability journey including education materials for all members of the company, collaboration on innovative solutions, exclusive events, and the opportunity to share and amplify the company's market leadership across the industry. About CEBA The Clean Energy Buyers Association (CEBA) – a 501(c)(6) trade association – activates a community of nearly 300 members – representing more than $7 trillion in annual revenues and 14 million employees – to deploy solutions for a carbon-free energy system. Most members are institutional energy customers of every type and size and their partners, including energy providers, energy procurement intermediaries, climate and energy NGOs, and industry leading institutions. About Panasonic Corporation of North America Newark, NJ-based Panasonic Corporation of North America is a leading provider of Consumer Lifestyle technologies, as well as innovative Smart Mobility, Sustainable Energy, Immersive Experiences, and Integrated Supply Chain solutions for its business and government clients. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Holdings Corporation. One of Interbrand's Top 100 Best Global Brands of 2021, Panasonic is a leading technology partner and integrator to businesses, government agencies and consumers across the region.

Read More

ENERGY

Nabors Invests in Ultra-Deep Geothermal Drilling Technology Innovator, GA Drilling

Nabors Industries | March 30, 2022

Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) adds to its clean energy portfolio with a USD $8 million investment in GA Drilling, a.s. ("GA Drilling"). This strategic investment expands Nabors' commitment to deep-drilling technologies tapping super-hot, ultra-deep rock reservoirs. GA Drilling, a geothermal technology company with headquarters in Bratislava, Slovakia, is a pioneer in plasma drilling. By integrating its innovative, contactless PLASMABIT® drilling tool into Nabors' industry-leading automated and lower-emission drilling operations, the collaboration aims to accelerate field commercialization and eliminate traditional economic barriers of ultra-deep projects to expand global access to geothermal energy. This agreement complements the pre-series investment round recently concluded by GA Drilling, with the total value of those new investments exceeding USD $20 million. Nabors has continued to implement its energy transition strategy targeted at high growth potential, lower-carbon energy markets. Through its investments in multiple clean energy ventures, Nabors has started to establish several ecosystems of complementary technologies that can benefit from synergies with Nabors' existing operations and competencies. GA Drilling joins Nabors' geothermal ecosystem, which is comprised of three other prior venture investments in geothermal companies. These technologies were purposefully assembled to help make geothermal energy widely accessible across geographies, while reducing cost per unit of energy generated to match the cost of other energy sources. Meeting Decarbonization Goals Geothermal energy is one of the only clean, renewable and reliable baseload energy sources; however, due to the limited geographical distribution of high-temperature gradients and high legacy drilling costs, its full potential remains largely untapped. PLASMABIT® is engineered to enable ultra-deep drilling in high-temperature hard formations at a cost comparable to unconventional horizontal drilling. Using an electric arc with a chemically assisted plasma pulse, this laboratory-proven bit aims to penetrate crystalline rock at high penetration rates, at depths exceeding 10 km (6.2 miles). Clean electricity is generated by producing water heated in the earth's crust and converting it to power at the surface. Building on a common technology ecosystem and infrastructure, and the ability to access geothermal almost anywhere, this solution should speed up and expand the availability of carbon-free fuel options for power generation. Management Comments "Now is the time to invest in innovative and bold geothermal solutions that have the potential to unlock terawatts of clean, renewable and reliable energy on a truly global scale. Given the expected sharp growth in global energy consumption over the next decades, the world will require an even sharper growth in sustainable energy supply. I am convinced that geothermal energy will be a key contributor to the necessary increase in clean energy generation. With our unmatched portfolio of drilling, automation and digitalization technologies, Nabors intends to become a key player in the upcoming expansion of geothermal energy. We look forward to leveraging the GA Drilling Centre of Excellence and integrating their technologies into our ecosystem." -Anthony G. Petrello, Nabors Chairman, CEO and President "We welcome Nabors not only as an investor but also as a strategic partner. The present agreement will allow us to move faster through the final stages of PLASMABIT® development, leveraging the synergies to integrate this revolutionary drilling tool into the systems of the rig. Nabors will introduce European high-technology capacities into the U.S. market. Together, we will work toward meeting imminent demand to rapidly diversify the global energy mix. With this collaboration, we have made another big step toward delivering on our promise of 'Geothermal Anywhere'." -Igor Kočiš, Founder and CEO of GA Drilling About Nabors Industries Nabors Industries (NYSE: NBR) is a leading provider of advanced technology for the energy industry. With operations in more than 15 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible energy production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science and manufacturing, Nabors aims to innovate the future of energy and enable the transition to a lower-carbon world. About GA Drilling GA Drilling, with its patented PLASMABIT® technology, offers a solution for a local and independent source of electricity, heating, clean water, and food production in an unstable world. The company will provide scalable, modular, solutions to zero-carbon emissions energy production. Geothermal energy is the only renewable source of clean and baseload energy, available 24/7/365. It works regardless of weather conditions or the day-night cycle. PLASMABIT® brings a significant reduction in operational time and cost savings, drilling faster, deeper, and cheaper through any material, including hard rock and steel. The technology is the result of years of R&D, with 23 registered patents, supported by a full-time team of over 50 engineers and researchers, industrial funding, investors, some 20 EU research grants, and strategic technology development partnerships with drilling industry leaders from Europe, US, and Asia

Read More

Spotlight

Decisionmaking is a cognitive process defined by psychologists as the selection of a course of action from multiple alternatives (e.g. what to eat, where to shop). John Dewey, the pragmatic philosopher and psychologist, introduced the first decision process framework for consumer buying in his book How We Think, which was published in 1910. Since then, Dewey’s framework has been adapted many times, but the five basic stages of consumer decisions remain the same: problem/need recognition, information search, evaluation of alternatives, purchase decision and post-purchase behavior.

Resources