$SPWR News Ford, Eaton, SunPower and Whirlpool Team Up

New Post Public Reply Private Reply Replies (0) Message Board
Depcom
$SPWR News

Ford, Eaton, SunPower and Whirlpool Team Up for Electric Energy Initiative

LAS VEGAS, Jan. 8, 2013 /PRNewswire/ --

Ford launches MyEnergi Lifestyle® collaboration to show how a typical American family can significantly reduce their electricity bills and CO2 footprint by integrating today's home appliance and plug-in vehicle technology
Georgia Institute of Technology computer model predicts a 60 percent reduction in energy costs and savings of more than 9,000 kg of CO2 (55 percent reduction) from a single home when changes from a MyEnergi Lifestyle product are incorporated; if every home in the U.S. were to implement these energy-saving technologies, it would be the equivalent of taking all the homes in California, New York and Texas off the power grid (32 million homes)
Ford and its business associates will highlight MyEnergi Lifestyle technologies and detailed modeling results at the 2013 International CES in Las Vegas, Jan. 8-12
Ford Motor Company (NYSE: F) today announces a strategic collaboration that will demonstrate how a typical American family can significantly reduce their electricity bills and CO2 footprint by integrating home appliance technology with a plug-in vehicle to achieve an energy-efficient lifestyle.

(Photo: http://photos.prnewswire.com/prnh/20130108/DE38643-INFO )

The Ford-led MyEnergi Lifestyle® collaboration – comprised of leaders in the home appliance, renewable energy and power management industries – includes Eaton (NYSE: ETN), SunPower (NASDAQ: SPWR) and Whirlpool (NYSE: WHR). Additional featured companies include semiconductor provider Infineon (FSE: IFX / OTCQX: IFNNY) and Nest Labs, with its latest learning thermostat represented in the research and implementation phase of the collaboration.

Specifically, MyEnergi Lifestyle showcases how combining renewable energy generation with "time-flexible" loads optimizes energy consumption across a plug-in vehicle and home appliances.

Ford and its business associates worked with researchers from Georgia Institute of Technology to create a computer model that calculates the electricity usage of a typical single family in their home for one year and the associated savings with moving to an energy-efficient lifestyle. The cumulative results predict a 60 percent reduction in energy costs and more than 9,000 kg of CO2 (55 percent reduction) saved from a single home. If every home in the U.S. were to implement these energy-saving technologies, it would be the equivalent of taking all the homes in California, New York and Texas off the power grid (32 million homes).

Additional results from the Georgia Tech computer model, including in-depth associate product savings, will be revealed at Ford's display during the 2013 International CES in Las Vegas, Jan. 8-12.

To create a real-world example of how attainable, affordable and convenient a sustainable lifestyle can be, MyEnergi Lifestyle collaborators also announce plans to award a typical American family with delivery and installation of energy-saving products from each company, along with other leading energy-efficient products. All contest and promotion details will be included in a separate announcement soon.

"More than ever, cars are sharing the same energy source as the home," says Mike Tinskey, global director of Vehicle Electrification and Infrastructure, Ford Motor Company. "The time is right for the home appliance and transportation sectors to converge if we are going to tackle a myriad of sustainability challenges in a rapidly changing world."

The average American home uses more than 11,000 kWh of electricity a year, says Warwick Stirling, global director for Energy and Sustainability, Whirlpool Corporation. "But with recent technology advancements in our appliances, a family can use energy smarter and more efficiently," he adds.

"SunPower is offering Ford plug-in vehicle owners the world's most efficient solar power systems to ensure they maximize emission-free power generation for use at home and for their vehicles," says Ken Fong, SunPower general manager, Americas. "SunPower systems offer the industry's best warranty, so homeowners can count on 25 years or more of clean power to support their sustainability goals and generate significant annual savings on their electricity bills."

"As innovation in home electrical technology advances, so does the need for safe, reliable and efficient power distribution," says Joanne Edwards, vice president and general manager, Residential Division, Eaton. "At the same time, giving homeowners the tools to tap into the details of distributed power for their homes allows them to modify their behavior and further reduce energy consumption."

Driving change: Technology trends

A plug-in vehicle is the largest electrified product most people will ever buy, and it serves as a catalyst for adoption of products that reduce CO2 and save money. Recent advancements in several technologies make this an ideal time to demonstrate the benefits that can be achieved by optimizing a home energy footprint.

Key factors driving MyEnergi Lifestyle include:

Electric vehicles, like the all-new Ford C-MAX Energi plug-in hybrid, are more efficient and can charge during the low-cost electricity hours
Appliance efficiency has improved dramatically over the past decade
Hot water heaters are more efficient and use nighttime electricity
Connected appliances can use less energy during peak periods
The Nest Learning Thermostat programs itself and automatically saves energy when a homeowner is away
Efficient, reliable and affordable rooftop solar systems enable families to generate renewable energy and save money on utility bills
Connected devices enable smarter use of energy
In addition to the energy benefits directly received from the latest product offerings of Ford, Eaton, SunPower and Whirlpool, the widespread deployment of smart meters (now in more than 40 million homes across the U.S.) enables households to take advantage of off-peak rates.

Utilities turning to off-peak rates

Most of today's residential electrical load on the grid occurs in the daytime hours. Electrical utilities need to ensure this daytime peak demand load does not exceed their supply capacity. Consequently, utilities in many parts of the country offer reduced energy rates for off-peak usage as a way to incentivize customers to shift their usage patterns to nighttime or early-morning hours. Discounted off-peak hours are typically between 12 a.m. and 5 a.m. Off-peak pricing is normally around half as much as on-peak, but peak pricing can be as much as 10 times higher than off-peak in some parts of the country.

Examples of household electrical loads that could be shifted to off-peak hours via an automated or controlled mobile app include charging a plug-in vehicle, running a dishwasher, running a hot water heater, running the refrigerator's defrost cycle and ice-making.

Additionally, data from electric utilities indicate their power generation mix is based on a higher percentage of clean/renewable energy sources during off-peak hours. Therefore, a family can reduce their CO2 footprint even further by off-peak electricity usage.

Value charging in MyEnergi Lifestyle
Ford's own off-peak electric usage technology – value charging – is available on all Ford plug-in vehicles, including C-MAX Energi, Fusion Energi and Focus Electric, via the MyFord® Mobile app. Value charging is a unique feature that harnesses the power of cloud computing to automatically charge the vehicle when utility rates are lowest, thus helping to minimize the cost to charge the vehicle and the potential ownership costs of an electric vehicle.

Drivers just need to enable a single setting in the app and then plug their cars in without worrying about what time the rates change in their area. The network monitors utility rate schedules and automatically transmits a signal to the vehicle through embedded cellular connectivity to start charging at the lowest cost.

Ford is the only automaker to offer the value charging feature and is working with other companies to allow access to its proprietary database of utility rates – thus enabling similar value charging functionality to all representative associate products.

The power of choice
Value charging is just one example of the efficiency Ford's new electrified vehicles can provide owners. The all-new Ford C-MAX Energi is highlighted in MyEnergi Lifestyle and is America's most fuel-efficient plug-in hybrid with an EPA-estimated 108 MPGe city and 100 MPGe combined rating – 5 MPGe better than Toyota Prius plug-in. C-MAX Energi is America's most affordable plug-in hybrid with a starting price of $29,995, after a federal tax credit and including destination and delivery costs.

C-MAX Energi is part of Ford's overall strategy to give customers the power of choice for leading fuel economy across the lineup. Ford will offer eight vehicles that deliver 40 mpg or better in 2013 – more than any other automaker. This includes six all-new electrified vehicles – three hybrids and three plug-in vehicles.

Ford's new electrified vehicles are equipped with innovative technologies that are designed to help win over both novice and experienced hybrid owners while giving them coaching tools to be more efficient drivers.

SmartGauge® with EcoGuide, for example, provides in-vehicle customizable displays, including instantaneous fuel economy readings and coaching functions to help drivers understand and optimize their fuel efficiency.

EV+ combines the built-in GPS of Ford SYNC® with proprietary software algorithms developed by Ford engineers to learn frequent destinations. As a result, vehicles give drivers more drive time in electric-only mode.

EV mode allows a driver to switch vehicle operation between three modes: all-electric, normal hybrid operation and conserve battery power for later use mode. This new feature debuted on the C-MAX Energi and will be featured on Fusion Energi.

More information about C-MAX Energi can be found here.

About Ford Motor Company
Ford Motor Company (NYSE: F), a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 172,000 employees and 65 plants worldwide, the company's automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford and its products worldwide, please visit http://corporate.ford.com.

About Eaton
Eaton is a diversified power management company providing energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power. The company is a global technology leader in electrical products, systems and services for power quality, distribution and control, power transmission, lighting and wiring products; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton acquired Cooper Industries plc in 2012. Eaton has approximately 100,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com.

About SunPower
SunPower Corp. (NASDAQ: SPWR) designs, manufactures and delivers the highest efficiency, highest reliability solar panels and systems available today. Residential, business, government and utility customers rely on the company's quarter century of experience and guaranteed performance to provide maximum return on investment throughout the life of the solar system. Headquartered in San Jose, Calif., SunPower has offices in North America, Europe, Australia, Africa and Asia. For more information, visit www.sunpowercorp.com.

About Whirlpool Corporation
Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of approximately $19 billion in 2011, 68,000 employees, and 65 manufacturing and technology research centers around the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, Bauknecht and other major brand names to consumers in nearly every country around the world. Additional information about the company can be found at http://www.whirlpoolcorp.com.

About Georgia Institute of Technology
The Georgia Institute of Technology is one of the world's premier research universities. Ranked seventh among U.S. News & World Report's top public universities, the Institute enrolls 21,000 students within its six colleges. Georgia Tech is the nation's leading producer of engineers as well as a leading producer of female and minority engineering Ph.D. graduates. Holding more than 780 patents and receiving approximately $570 million in sponsored awards, Georgia Tech ranks among the nation's top ten universities (without a medical school) in research expenditures. Visit www.gatech.edu for more information.

About Infineon
Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security. In the 2012 fiscal year (ending September 30), the Company reported sales of Euro 3.9 billion with close to 26,700 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Lilly's Retatrutide Outshines Ozempic in Key Diabetes Trial

Updated Category News Views 15

Lilly's Breakthrough in Diabetes Treatment Eli Lilly's retatrutide is stirring up the diabetes treatment waters. The latest Phase 3 comparison to Ozempic's top dose reveals some surprising results. I'm not one to toss out kudos lightly, but this could be a genuine game-changer if things hold steady. A1C Reductions: A Close Look at the Numbers We’re staring down the...

Continue Reading
Radiation Oncologist Dr. Pennock Honored: A Closer Look

Updated Category News Views 10

An Honor from The Inner Circle Sometimes, in a field stuffed with brilliant minds, a beacon stands out. That's Dr. Michael M. Pennock for you—a man who doesn’t just treat cancer patients but transforms their journeys with precision and empathy. Recognized as a Pinnacle Lifetime Member by The Inner Circle, Pennock’s dedication in the field of radiation oncology is...

Continue Reading
Infection Control Market Set for Explosive Growth by 2031

Updated Category News Views 35

Untangling the Surge in Infection Control Demand Lately, it's like every healthcare joint worldwide is scrambling for better infection control. We're talking about a market poised to jump from a whopping USD 58.5 billion in 2026 to USD 80.2 billion by 2031—a tidy 37% uptick. That change, brewing at a 6.5% CAGR, speaks volumes about where the industry's heading. What's...

Continue Reading
CashNetUSA Faces Class Action Over Exploitative Rates

Updated Category News Views 0

High-Risk Lending Meets Military Protections Ever seen a seemingly legal scheme that just leaves a sour taste? That's the vibe with CashNetUSA right now. They've landed in the hot seat over allegedly sky-high interest rates served up to folks who put on a uniform. We're talking about a proposed nationwide class action lawsuit accusing the lender of giving active-duty...

Continue Reading
Danobatgroup's New HQ in Shanghai Marks Strategic Shift

Updated Category News Views 83

Shanghai Beckons: A Game Changer for Danobatgroup One crisp morning in Shanghai marks a turning point for Danobatgroup. The Spanish heavy-hitter in machine tools has pinpointed the Shanghai Xinzhuang Industry Park in Minhang District for its Asia-Pacific headquarters. It ain't just another blip on the radar—this one's a calculated leap. Location, Location, Location...

Continue Reading
FluxCap Launches: Empowering Lawyers with Dynamic Tech

Updated Category News Views 54

A Fresh Force in Legal Tech: FluxCap Debuts Alright, strap in because the legal world just got itself a new team in the majors. FluxCap is breaking out into the open, promising to shake up how big, gnarly cases get tackled. These aren't just any cases; we're talking the kind that keep antitrust knuckles white and palms sweaty. It's like watching seasoned racecar drivers...

Continue Reading
Clip Expands Horizons with Pulpos Acquisition, New Board Member

Updated Category News Views 84

Clip's Strategic Move with Pulpos Clip just laid down a serious marker in the digital payment world by snagging Pulpos, a firm that’s got its claws deep into AI-driven business management software. This move isn't just some fancy headline. It's a real, grounded step in expanding Clip's ecosystem to bolster the backbone of Mexico's economy: small and medium-sized...

Continue Reading
Innovative Trial Targets Drug Resistance in Lung Cancer

Updated Category News Views 53

The Battle Against Drug Resistance Heats Up Folks, we're in a never-ending fight here against one of the toughest adversaries out there: lung cancer. And lemme tell ya, when drugs show resistance, it's like trying to punch a ghost. But there’s a fresh wind blowing, as Dr. Bobak Parang steps up to the plate with a $620K grant aimed squarely at tackling drug resistance in...

Continue Reading
Sony's LYTIA 720 Image Sensor: A Game Changer?

Updated Category News Views 88

Unpacking Sony's Latest Sensor: LYTIA 720 Tell me, when was the last time a tech drop made you shake your head in awe? Sony just pulled one of those moves with their latest toy, the LYTIA 720. We're talking a 50-effective megapixel CMOS image sensor crafted for mobile warriors, and it packs a punch that should have the competition looking over their shoulder. Dazzling...

Continue Reading
Civitas Boosts Orlando Luxury Hotel with $386M Loan

Updated Category News Views 0

Orlando Sets the Stage for Luxury Expansion Well, it seems Orlando's hospitality scene is about to get a significant bump. Civitas Capital Group just tossed a cool $386 million into the pot for the construction of a 700-key luxury hotel on the infamous International Drive. We're not talking about just another hotel here; this one's a real beast, a future InterContinental...

Continue Reading

Top 5 Most Recently Viewed Articles

Orbit Garant's First Quarter 2026 Performance Reviewed

Updated Category News Views 157

Overview of Financial Performance Orbit Garant Drilling Inc. (TSX: OGD) has released its financial results for the first quarter of fiscal 2026, ending on September 30, 2025. During this three-month period, the company recorded a revenue of $46.7 million, marking a 3.7% decline compared to $48.4 million during the same period last year. The revenue figures reflect a range...

Continue Reading
Celebrating Leadership Excellence at Coldwell Banker 2025

Updated Category News Views 250

Celebrating Achievements in Real Estate Leadership The Leadership Awards highlight the dedication of Coldwell Banker-affiliated real estate professionals who embody the core values of the organization. Recognizing Outstanding Contributions With a strong commitment to innovation and community service, Coldwell Banker Real Estate LLC, a subsidiary of Anywhere Real Estate...

Continue Reading
U.S. Drone Production Boost Promises Growth for Key Companies

Updated Category News Views 167

Major Shift in U.S. Drone Production Policies The recent announcement from the U.S. Defense Secretary has ignited excitement in the drone manufacturing industry. On a significant day, the Secretary unveiled plans to fast-track drone production through reforms aimed at simplifying procurement processes within the Pentagon. This bold move signifies a departure from previous...

Continue Reading
Acacia Research Set for Q3 2024 Financial Results Release

Updated Category News Views 96

Exciting Announcement from Acacia Research Acacia Research Corporation (NASDAQ: ACTG) is poised to share its financial outcomes for the third quarter of 2024. This revelation is set to occur before the market opens on a significant day in November. Businesses and investors alike are eager to gain insights into the company’s latest financial endeavors. What to Expect...

Continue Reading
Revolutionizing Grocery Shopping: Deliverect's New Retail Solution

Updated Category News Views 185

Revolutionizing Grocery Retail with Deliverect's Innovative Solution Deliverect, a leader in food technology software as a service (SaaS), has introduced Deliverect Retail to enhance the digital shopping experience for groceries. This important development allows grocery retailers to operate more effectively, which leads to better sales and improves customer satisfaction....

Continue Reading