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GE - Solid State Lighting Smart City by Ivan Hutter at GIB Summit
The document discusses the implementation of solid-state lighting (SSL) to upgrade urban infrastructure in Basel, Switzerland, emphasizing significant energy savings and enhanced city appeal. Key points include the financial benefits of SSL, innovative financing mechanisms, and the integration of SSL into future smart city frameworks. The project seeks to leverage existing European initiatives to facilitate the transition and stimulate local economies.
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GE - Solid State Lighting Smart City by Ivan Hutter at GIB Summit
- 1. Imagination at work. SolidState 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 atGIB 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 CommissionLighting 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 CommissionLighting 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 Commissionproject 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 atGIB 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 atGIB 7 Innovative financing Bank EPC Municipality Collaboration among stakeholders is KEY