The most important news on technology, developments and trends with insightful analysis.
Coverage includes hardware, software, networking, wireless computing, personal technology, security and cutting-edge technology from the developer world to the consumer world.

categories

All News Accessories Announcements Auto / Moto Cameras Communications Cooling / PSU CPU Design Desktops Developers World / Science Displays Entertainment Gadgets GPS Hardware Internet Mainboards Memory Mobile Devices Multimedia Networking Peripherals Phones Servers Software Storage Video / Graphics Watches Wireless Miscellaneous

Google Gets Green Light to Buy, Sell Electricity

Google Gets Green Light to Buy, Sell Electricity
Google officially allowed to buy and sell electricity

Back in January, Google put in a request to the Federal Energy Regulatory Commission (FERC), the regulatory body that oversees the power grid. Applying under a subsidiary called Google Energy, the search giant was seeking permission to buy and sell electricity on the wholesale market.

However, Google Energy is not about entering the electricity market. Rather, Google is just eager to reduce its carbon footprint. At the time, a Google spokesperson told CNet that Google wants to buy the highest quality and most affordable renewable energy wherever it can.

"Right now, we can't buy affordable, utility-scale, renewable energy in our markets," said Google rep Niki Fenwick. "We want to buy the highest quality, most affordable renewable energy wherever we can and use the green credits."

The FERC today granted Google Energy market-based rate authorization. This means Google has been approved for the sale of energy, capacity, and ancillary services at market-based rates. However, the Commission clarified that neither Google Energy nor its affiliates "own or control any generation or transmission" facilities.

CNet's Candace Lombardi writes that it is not unusual for large corporations to be granted the authority to trade in the wholesale electricity market for the purpose of managing their own energy costs. However, it seems Google hasn't quite ruled out entering the energy business.

"We don't have any concrete plans. We want the ability to buy and sell electricity in case it becomes part of our portfolio," Fenwick told CNET News in January.
, , ,
Miscellaneous
15:05, Saturday, February 20, 2010

random articles

iPhone 4 makes a stormy appearance at WWDC 2010

iPhone 4 makes a stormy appearance at WWDC 2010At the WWDC 2010 Apple CEO just announced Apple's next-gen iPhone. Uninspiringly called iPhone 4, the new device comes with a bunch of new features along with the new design you've already seen well in advance in various leaks.

ArmorTech BMW X6 is the AMC Eagle SX/4 of your dreams

ArmorTech BMW X6 is the AMC Eagle SX/4 of your dreamsIt's been tried before, making a coupe out of an SUV – or an SUV out of a coupe. AMC tried it back in the early '80s with the Eagle SX/4.

Spy Shots: Jeep Grand Cherokee SRT8 caught towing

Spy Shots: Jeep Grand Cherokee SRT8 caught towingA low-riding, big-tired, deep-chinned Jeep has been spotted out testing with a trailer, and it looks to be the SRT8 successor.

Mafia II – New Gameplay Footage

Mafia II – New Gameplay Footage2K Games has come out with a new gameplay footage from their upcoming Mafia II title. To remind you, this sandbox-style action-adventure video game is set to be launched on August 24th for PS3, Xbox 360 and PC platforms.

Verizon planning OTA update for DROID Eris on July 16th

Verizon planning OTA update for DROID Eris on July 16thThe DROID Eris may no longer be available from Verizon, but that doesn't mean that HTC or Verizon are no longer supporting the phone.