7.2)   By 2030, increase substantially the share of renewable energy in the global energy mix

Lockheed Martin is using its engineering and manufacturing expertise to advance renewable energy generation systems to help power the world. In fact, Lockheed Martin and teammate Concord Blue are building a power generation facility that will provide a new, clean energy source to meet the needs of 5,000 homes and businesses in Herten, Germany. The five-megawatt power generation facility will transform forestry waste to power using Concord Blue’s Reformer® technology, which converts waste to energy through advanced gasification. At the same time, Lockheed Martin is maturing technologies to create energy from the ocean, to include Ocean Thermal Energy Conversion (OTEC), wave and tidal power technologies, for use in Europe, Asia and other markets.

7.3)   By 2030, double the global rate of improvement in energy efficiency

Lockheed Martin manages innovative and successful commercial, Industrial and residential energy efficiency (EE) programs for many of the United States’ utilities including Pacific Gas & Electric, Pepco, Con Edison, Energy Trust of Oregon, Southern California Edison and many more. Under these partnerships, Lockheed Martin is working to ensure each customer conserves energy, increases operation efficiencies, maximizes capital spending and does their part to protect the environment. Additionally, the Lockheed Martin energy storage group partnered with Convergent Energy + Power, an integrated energy storage asset developer, to complete a 3 MWh energy storage system in Boothbay, Maine. The energy storage project demonstrated that the electricity grid can be improved and made more reliable in a clean, efficient way -- while saving electricity users money.