Philips Corporate Sustainability Office Renewable Energy Sourcing Study

| Point of View

Renewable Energy Sourcing Study provided insight in profitability and feasability of renewable energy options in different countries

In the first phase of the study business cases were made for PV, wind and heating solutions on ten sites in four countries (NL,B,US,China). Based on the postive response of Philips’ Sustainability Board(SB) to the presented scenario’s and portfolio’s, a more exhaustive study was conducted covering fifteen sites in ten countries representing all sectors. Both feasibility and profitability were assessed in more detail.