Dive Brief:
- Waste Management produces almost the same amount of energy as the entire solar industry in the U.S.
- 9.8 GW of power is created via Waste Management's waste-to-energy projects, including harnessing methane from landfills. On a nationwide scale, the solar sector generates about 10 GW of power.
- The company operates 130 energy facilities across the country and, by 2020, it anticipates producing enough energy to power 2 million houses, surpassing the current output of 1.2 million.
Dive Insight:
If it reaches the goal of powering 2 million residences, the company's energy output would come in at a 67% growth rate across a seven year time span. The company has the ability currently to create 680 MW of electricity through natural gas from its landfills.