Google Energy

Google Energy LLC
Industry Power generation
Founded December 16, 2009 (2009-12-16)[1]
Products Renewable energy
Parent Google
Website www.google.com/green/energy/

Google Energy LLC is a subsidiary company of Google, which was created to reduce costs of energy consumption of the Google Group, and subsequently to produce and sell clean energy. The division also allows it to take advantage of projects funded through the philanthropic Google.org.

Operations

By 2007 Google had invested a massive amount of money in wind, solar, solar thermal, and geothermal projects, including a 1.6 MW solar installation pilot project at its headquarters. In 2010 Google Energy made its first investment in a renewable-energy project, putting up US$38.8 million for two wind farms in North Dakota. The company announced that the two locations will generate 169.5 MW of power, or enough to supply 55,000 homes. The farms, which were developed by NextEra Energy Resources, will reduce fossil fuel use in the region. NextEra Energy Resources sold Google a twenty percent stake in the project in order to get funding for project development.[2] In addition, on July 30, 2010, Google Energy agreed to purchase 114 MW of Iowa wind energy from NextEra Energy at a fixed rate for 20 years.[3][4][5][6] The corporation plans to primarily use the electricity for Google's data centers, but it may also be sold on the open market.

In 2010 Google Energy, together with a group of other investors, announced a plan to build the Atlantic Wind Connection, an undersea cable off the Atlantic coast to connect future offshore wind farms with on-shore transmission grids.[7]

In April 2011, Google extended its partnership with NextEra by signing a 20-year power purchase agreement for its Minco II Wind Energy Center.[8] As of 2011, the 100.8-megawatt wind farm is being developed in the Grady and Caddo counties near Minco.

Google invested two rounds in SolarCity, $280 million in 2011 and $300 million in 2015.[9]

On September 17, 2013, the corporation announced its plan to purchase all of the electricity produced by the 240-megawatt Happy Hereford wind farm that will be located near Amarillo, Texas, US upon the completion of the farm's construction. Purchased from the wind farms owners Chermac Energy, Google Energy will sell the electricity from Happy Hereford into the wholesale market in Oklahoma, the location of one of its data centers.[10]

Authorization to buy and sell energy

In February 2010, the Federal Energy Regulatory Commission FERC granted Google an authorization to buy and sell energy at market rates.[11] The order specifically states that Google Energy—a subsidiary of Google—holds the rights "for the sale of energy, capacity, and ancillary services at market-based rates", but acknowledges that neither Google Energy nor its affiliates "own or control any generation or transmission" facilities.[12]

See also

References

  1. ↑ Google Energy' subsidiary considers clean power in Cnet News on January 6, 2010
  2. ↑ Morrison, Scott; Sweet, Cassandra (May 4, 2010). "Google Invests in Two Wind Farms". The Wall Street Journal.
  3. ↑ Google Blog http://googleblog.blogspot.com/2010/07/reducing-our-carbon-footprint-with.html. Missing or empty |title= (help)
  4. ↑ "Google to use wind energy to power data centers". Reuters. July 20, 2010.
  5. ↑ MSNBC http://www.msnbc.msn.com/id/38329483/ns/business-going_green/. Missing or empty |title= (help)
  6. ↑ Bosker, Bianca (July 21, 2010). "Google Buys 20 Years' Worth Of Wind Energy To Power Data Centers". Huffington Post.
  7. ↑ Elizabeth Shogren (12 October 2010). "Google Invests In Wind Power Superhighway". NPR. NPR. Retrieved 23 September 2013.
  8. ↑ Marks, Jay (April 22, 2011). "Google buys Oklahoma wind power". NewsOK.
  9. ↑ http://thinkprogress.org/climate/2015/02/26/3627172/google-solarcity-big-solar-fund/
  10. ↑ Todd Woody (18 September 2013). "Google is on the way to quietly becoming an electric utility". Quartz. Retrieved 23 September 2013.
  11. ↑ Google Energy can now buy and sell energy, on Cnet.com.
  12. ↑ Candace Lombardi (19 February 2010). "Google gets go-ahead to buy, sell energy". Cnet. CBS Interactive Inc. Retrieved 23 September 2013.

External links

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