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Schneider Electric Helps AEG Save $3 Million, Improve Environmental Management

staples centerUsing Schneider Electric’s water, waste and electricity management platform has helped sports and entertainment company AEG save more than $3 million and shrink its environmental footprint.

AEG requires a massive amount of energy and resources to power its 120 global venues, including California’s Staples Center and Oracle Arena and the Barclays Center in New York. Energy use is the company’s second largest operational expense.

To help manage its costs and resource use, AEG began working with Schneider Electric, initially on strategic energy procurement to buy electricity for 59 facilities at the best rates.

Schneider Electric also worked with AEG to increase overall efficiency, reduce total resource consumption and develop sustainability targets for 2020.

AEG uses Schneider Electric’s Resource Advisor platform to track, measure and analyze 53 data streams of water, waste and electricity use across its sites. The platform allows environmental managers to pinpoint inefficiencies that can be addressed to reduce resource use and drive savings. This includes:

  • 63 percent waste diversion across venues, compared to 2010
  • 14 percent reduction in greenhouse gas emissions, compared to 2010
  • 23 percent reduction in water use per attendee
  • $3 million in energy savings

In a case study, Scott Bosarge, AEG’s senior vice-president of business services, says working with Schneider Electric has helped the company become more efficient.

“These analytics resulted in Citizens Bank Business Arena becoming the first professional hockey arena to make hockey ice using recycled water,” Bosarge said. “The arena now roughly runs on 85 percent recycled water, saving about a half a million gallons of water annually.”

AEG’s 2016 sustainability report also highlights the company’s environmental achievements from last year including:

  • London’s The O2 district reached 100 percent sourcing of renewable electricity in 2015, making it the third site in the AEG portfolio to reach this milestone.
  • AEG reduced annual potable water consumption by 27 million liters at water-stressed sites from 2010 to 2015.
  • Los Angeles Convention Center achieved LEED Gold recertification, making it the largest US convention center to do so.

 

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