Walmart Deploys Affordable Green Energy on an Industrial Scale
by Vikas Vij
Retail giant Walmart uses a massive amount of energy to power its operations globally. According to a Forbes estimate, the company’s worldwide power demand is about 29,000 GWH per year. The U.S. alone accounts for about half of that, which is enough to power nearly 1.5 million homes. The U.S. electricity bill of Walmart is estimated to be around $1 billion a year.
A decade ago, Walmart’s former CEO Lee Scott set a goal for the company to be powered entirely by renewable energy. The company has remained on the path to achieving this ambitious goal, motivated as much by the potential to reduce its costs of business as the opportunity to reduce its environmental footprint.
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Image Credit: Flickr via Walmart Corporate
Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.
