RMI Outlet

Plug Into New Ideas

Solutions Journal: Summer 2011—Flex Efficiency Technology: An Important Step Forward for Renewables

General Electric recently unveiled its FlexEfficiency technology, which delivers both flexibility and efficiency to power plants. The technology responds to and mitigates the variability of wind and solar power by rapidly ramping up and down a jet engine that burns natural gas. The GE turbine can vary its output twice as fast as any other gas plant. RMI’s electricity practice welcomed the news as one of a number of ways forward for adding renewables to the electric grid.

Change the Empire State Building…Change the World

We’ve all heard a common myth about the Empire State Building: if someone drops a penny from the roof, and it hits someone on the ground below just right, it will split them in half. When an audience member at the recent Aspen Business Luncheon asked ESB owner Tony Malkin to validate, he responded, “I’m in the real estate business, and we don’t have that kind of money to throw around.”

Taking Fuel Economy Further

Last week, President Obama announced a plan to boost the fuel economy of vehicles sold in the U.S. from 27.5 to 54.5 mpg beginning in 2017—effectively doubling fuel economy standards by 2025. This important step—agreed upon by the auto industry after some wrangling—to reducing America’s reliance on foreign oil requires annual fuel-economy increases of 5 percent for cars.

Reigniting the Private Sector: Greentech Poised for Explosive Innovation

Last week, technology ruled at FORTUNE Brainstorm Tech in Aspen, Colo., where participants were abuzz about the latest gadgets, companies, tools and programs to shape the competitive business landscape. Serving as a “marketplace of ideas,” the conference assembled innovators of the Fortune 500 and the next generation of leaders to shape the future of business.