Siemens predicts a record $55 billion revenue projection from green technologies by 2014, after seeing a record $38 billion net return result from the global Environmental Portfolio in 2010.
Siemens announced today that the original target of $34 billion for 2011 was reached significantly earlier than planned after strong growth in the energy efficiency sector, including in manufacturing and mining.
Brisbane plays host to the final leg of the national Siemens Energy Efficiency Academy tour, designed to help Australian businesses understand how to save millions of dollars by reducing energy use and carbon dioxide (CO2) emissions from their commercial and industrial properties.
“As Australia is moving into an increasingly volatile energy price market, businesses are realising that taking measures to reduce their energy use not only improves their bottom line but is also one of the easiest and cheapest ways they can reduce their CO2 emissions,” said Siemens Building Technologies vice president, Michael Shaw.
“Forty percent of the world’s energy use is in buildings. Therefore, energy efficiency building programs are one of the most effective abatement opportunities today.
“The level of interest in the Energy Efficiency Academies over the past week, confirms a hunger by businesses to learn the best ways to reduce their energy bill and CO2 emissions. Green technologies are top of mind for businesses as they look to make smart investments in technologies — and the good news is that they’re available now.”
Worldwide Siemens customers will reduce their CO2 emissions by a total of around 270 million tonnes, an amount equal to the total annual CO2 emissions of the megacities Hong Kong, London, New York, Tokyo, Delhi and Singapore combined, Siemens claims.