Jan 20, 2021

Major utility sees 25% savings in estimate production time

Rick Deans
2 min
Find out how InEight’s construction estimating software solution enabled ComEd to reduce their estimated production time by 25%.
Find out how InEight’s construction estimating software solution enabled ComEd to reduce their estimated production time by 25...

Fortune 100 energy company, Commonwealth Edison (ComEd) needed a tech solution to help improve large capital project management while minimizing disruption to existing processes. Find out how InEight’s construction estimating software solution enabled ComEd to achieve their goals, ultimately reducing their estimated production time by 25%. 

CUSTOMER BACKGROUND

Chicago-based Commonwealth Edison (ComEd) is a Fortune 100 energy company and the largest electric utility in Illinois. A member company of Exelon Corporation, ComEd provides electricity to more than 4 million residents across northern Illinois — about 70% of the state’s population.

THE CHALLENGE

ComEd needed a technology solution to help demonstrate and document its efforts to continuously improve how it manages large capital project costs. At the same time, the utility wanted to minimize disruption to existing processes for its operating companies using Excel and Primavera P6. ComEd also needed to speed up new hire training, deliver consistent project costing and drive accurate data into its reporting engine dashboard.

THE SOLUTION

ComEd leveraged InEight’s estimating software, which sets the industry standard for accuracy, performance and multiuser collaboration. With InEight’s expertise, the company could start to enjoy unmatched connectivity options for its electric and gas utility estimating, benchmarking and reporting requirements.

Using InEight’s solution, ComEd now aligns data within PowerBI® to be consistent with corporate direction, while also integrating data from its work planning and tracking system. The tool also helps ComEd leverage cost assembly and peer resource cost data libraries, enabling new and existing team members to easily create consistent and accurate estimates. The estimating solution was key to reducing the time needed for developing resource and cost item assemblies.

THE RESULTS

Ultimately, ComEd achieved its goals and reduced estimate production time by 25%, while delivering more consistent and accurate estimates. 

“The benefit of having data from multiple systems in one data library is huge!”

– Nathan Kitzman, Senior Project Controls Estimator, ComEd

By Rick Deans, EVP, Industry Engagement, InEight

© 2021 InEight Inc. All rights reserved.

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May 5, 2021

AES Corp seals 10-year carbon-free energy deal with Google

AESCorp
Google
datacenters
Dominic Ellis
3 min
AES Corporation will ensure energy powering Google's Virginia data centers will be '90% carbon free'

The AES Corporation has struck a 10-year supply contract with Google to provide near-carbon-free energy to power its Virginia-based data centers which will start later this year.

Claiming the first clean energy procurement deal in the world of its kind, AES will help ensure that the energy powering those data centers will be 90% carbon-free when measured on an hourly basis.

AES will become the sole supplier of the data centers' carbon-free energy needs on an annual basis, sourcing energy from a portfolio of wind, solar, hydro and battery storage resources to be developed or contracted by AES.

The agreement marks an important step in meeting Google's previously announced goal to run its business on 100% carbon-free energy on an hourly basis by 2030.

"Last year, Google set an ambitious sustainability goal of committing to 100% 24/7 carbon-free energy by 2030. Today, we are proud that through our collaboration with Google, we are making 24/7 carbon-free energy a reality for their data centers in Virginia," said Andrés Gluski, AES President and CEO. "This first-of-its-kind solution, which we co-created with Google, will set a new sustainability standard for companies and organizations seeking to eliminate carbon from their energy supply."

"Not only is this partnership with AES an important step towards achieving Google's 24/7 carbon-free energy goal, it also lays a blueprint for other companies looking to decarbonize their own operations," says Michael Terrell, Director of Energy at Google. "Our hope is that this model can be replicated to accelerate the clean energy transition, both for companies and, eventually, for power grids." 

AES assembled the 500MW portfolio from a combination of AES' own renewable energy projects and those of third-party developers, which were selected, sized and contracted to meet Google's energy needs across a number of considerations, including cost efficiency, additionality and carbon-free energy profile.

The portfolio assembled by AES is expected to require approximately $600 million of investment and generate 1,200 jobs, both permanent and construction, in the host communities. These efforts will greatly simplify Google's energy procurement and management at a competitive price while decarbonizing Google's load and the broader PJM grid.

This supply agreement follows on the strategic alliance AES and Google formed in November 2019 to leverage Google Cloud technology to accelerate innovation in energy distribution and management and advance the adoption of clean energy. AES is pioneering greener, smarter energy innovations, with the goal of expanding the services available to large-scale corporate customers.

The Google.org Impact Challenge on Climate commits €10M to fund bold ideas that aim to use technology to accelerate Europe’s progress toward a greener, more resilient future. Selected organisations may receive up to €2M in funding and possible customised post-grant support from the Google for Startups Accelerator to help bring their ideas to life.

Last year it issued $5.75 billion in sustainability bonds to fund ongoing and new environmentally or socially responsible projects. To read its 2020 Environment report, click here.

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