General Electric Ecomagination is partnering with BHP Billiton, Goldman Sachs and MWH, Intel, Masdar, Statoil, Total and Walmart to accelerate innovation in water and energy efficiency. The partners have taken on the following initiatives to improve productivity, reduce impact and increase returns:
- GE and BHP Billiton will work jointly to develop individual technologies and an overall architecture to replace diesel in mining operations and transportation with the overall goals of lowering fuel costs and emissions in the mining life cycle.
- Goldman Sachs & MWH will work with GE to bring private sector financing and new financing models to water reuse projects to mitigate growing global water scarcity. By expanding and financing industrial and municipal water reuse, this partnership seeks to achieve global adoption of water saving reuse techniques.
- To reduce energy and water waste in manufacturing, Intel will work with GE to develop advanced manufacturing and digital optimization techniques to increase resource productivity in manufacturing.
- In an effort to decrease the energy intensity of wastewater treatment, Masdar and GE will implement the first complete energy-neutral wastewater treatment technology. The partners will deploy the pilot program in Abu Dhabi and then scale the solution across the Middle East.
- Statoil is working with GE to develop technology and techniques to increase resource efficiency and reduce emissions in an effort to find more economical and sustainable solutions for oil and gas production.
- Total has taken on the challenge of expanding industrial cleaner energy options in emerging markets. The company will work with GE to create hybrid cleaner energy systems for industrial use with the goal of cutting costs and reducing emissions.
- Walmart and GE are looking to accelerate the commercial adoption of energy efficiency and renewable energy. To that end, the two companies will work together to develop and demonstrate next-generation efficiency, renewables and digital solutions that will scale for wider commercial use.
GE met in Paris with executives from all eight companies to kick off the Ecomagination partnerships.