If you’ve ever wondered what Google’s new electricity technology is, you’re not alone. The company has recently entered into a PPA with NV Energy to use 250 megawatts of storage. The new software will help computers shift their computing loads to match the amount of electricity available to meet demand. The company has also announced a number of other new energy-efficient projects. And, of course, the company will continue to develop and test its new technology.
In addition to creating new software for home energy management, Google is lobbying decision makers in Washington to implement smart grids. In fact, Google’s electricity use has nearly quadrupled since 2011.
Ultimately, the company has become a vertically integrated information-electric utility. Its rapid growth has helped it gain near-total market dominance in search and advertising. Since Google owns a fleet of generators, it controls almost every aspect of its business. And if this technology can increase the amount of electricity, it can help Google lower its energy bill. Google is currently being sued for antitrust violations, but the complaint doesn’t specify specific remedies for the company.
Currently, the world’s fastest-growing energy source, electricity is the lifeblood of the Information Age. Google’s electricity technology is a direct result of this transformation. Almost every part of modern life relies on electricity, and Google is the perfect example of this. The company has already signed a power purchase agreement with the largest corporate solar+storage system. And if it’s already working, it may be the next big thing.
In addition to investing in renewable energy technologies, Google has made a number of other investments in clean energy companies, including solar farms, rooftop solar installations, and electric cars. It has also made investments in biofuel companies, electric cars, and power conversion pioneers. In September, Google released a report and interactive website that outlines the potential benefits of clean energy innovation for the economy. Its report suggests that these technologies and clean energy policies can add 1.1 million jobs to the economy and cut household costs by $942 by 2030.