Presented at the 4th Global Infrastructure Basel Summit 21 & 22 May 2014.
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GE - Solid State Lighting Smart City by Ivan Hutter at GIB Summit
1. Imagination at work.
Solid State Lighting
Infrastructure for SmartCity
Basel, Switzerland
May 21-22, 2014
Imagination at work.
Ivan Hutter & Dario Liguti, GE
Global Infrastructure Basel Summit
2. Hutter/Dario GE at GIB
2
Setting the course - GE ecoimagination
GE ecomagination solutions in energy span from
generation, renewables and distribution to energy
savings via LED Lighting Systems
3. * European Commission Lighting the Cities
Hutter/Dario GE at GIB
3
Solid State Lighting a new approach to sustainable
city infrastructure upgrade
• Lighting 60% of typical
municipal electrical cost
• SSL deliver 50-70% energy
savings* cash flow at
investment grade returns
• Lift city appeal – natural
colors at night
The project: Upgrade urban lighting infrastructure with SSL
After
4. * European Commission Lighting the Cities
Hutter/Dario GE at GIB
4
Implementing innovation – cash flow from energy
savings to spur smart tech
SSL lighting today - CityLED
• LED generate 60-80% operating
cost savings* in public service
• Quality of light lifting city
attractiveness and security
• Project stimulates local economy
SSL tomorrow – SmartCity
• Networked lighting - integral part of
future SmartCity
• Industrial internet, big data, analytics
offer new innovative capabilities
• Living outdoor labs testing concepts
• CityLED technology ready for energy efficiency project funding
• SmartCity will build on CityLED offering urban living benefits
5. * European Commission project ENIGMA
Hutter/Dario GE at GIB
5
• Europe has 70MM streetlights older than 25 years
• $40-50b investment to upgrade to SSL
• Returns backed up by energy savings
• Setting foundation for SmartCity digital backbone
Accelerating sustainable
infrastructure upgrade with SSL-LED
• Leverage EU COM SSL initiatives
• Focused pre-commercial procurement*
• Industry to provide outcome value
• Innovative financing
• Promote to overcome fragmentation
Hungary
Spain
Italy
Germany
UK
6. Hutter/Dario GE at GIB
6
• Traditional financing mechanisms (i.e. municipal finance, loans)
almost disappeared
• Still available for outsourced partnerships
• New applications of simple
schemes… leasing, renting
• But residual value? Repossession?
• Experimenting new schemes…
ESCOs..
• Implies maximizing all available sources as scheme’s strength to
long term risks still to be tested
Financing – testing innovations
7. Hutter/Dario GE at GIB
7
Innovative financing
Bank
EPC
Municipality
Collaboration
among
stakeholders is
KEY