Google to produce electricity from RE
Mountain
View
(Calif),
Nov
27:
Google
on
Wednesday
announced
a
new
strategic
initiative
to
develop
electricity
from
renewable
energy
(RE)
sources
that
will
be
cheaper
than
electricity
produced
from
coal.
A press release from the Google reached here stated that the newly created initiative, known as RE focus initially on advanced solar thermal power, wind power technologies, enhanced geothermal systems and other potential breakthrough technologies.
RE
experts
to
lead
its
research
and
development
work,
which
will
begin
with
a
significant
effort
on
solar
thermal
technology,
and
will
also
investigate
enhanced
geothermal
systems
and
other
areas,
the
release
said
adding
in
2008,
Google
expects
to
spend
tens
of
millions
on
research
and
development
and
related
investments
in
RE.
As part of its capital planning process, the company also anticipates investing hundreds of millions of dollars in breakthrough renewable energy projects which generate positive returns, the company said.
"We have gained expertise in designing and building large-scale, energy-intensive facilities by building efficient data centers," said Larry Page, Google Co-founder and President of Products. "We want to apply the same creativity and innovation to the challenge of generating renewable electricity at globally significant scale, and produce it cheaper than from coal," Page added.
Page
said,
"There
has
been
tremendous
work
already
on
RE.
Technologies
have
been
developed
that
can
mature
into
industries
capable
of
providing
electricity
cheaper
than
coal.
Solar
thermal
technology,
for
example,
provides
a
very
plausible
path
to
providing
RE
cheaper
than
coal.
We
are
also
very
interested
in
further
developing
other
technologies
that
have
potential
to
be
cost-competitive
and
green.
We
are
aware
of
several
promising
technologies,
and
believe
there
are
many
more
out
there."
Page continued, "With talented technologists, great partners and significant investments, we hope to rapidly push forward. Our goal is to produce one gigawatt of RE capacity. We are optimistic this can be done in years, not decades." (One gigawatt can power a city the size of San Francisco.)
Coal is the primary power source for many around the world, supplying 40% of the world's electricity. The greenhouse gases it produces are one of our greatest environmental challenges. Making electricity produced from renewable energy cheaper than coal would be a key part of reducing global greenhouse-gas emissions, the company informed
"Cheap RE is not only critical for the environment but also vital for economic development in many places where there is limited affordable energy of any kind," added Sergey Brin, Google Co-founder and President of Technology.
Strategic Investments and Grants "Lots of groups are doing great work trying to produce inexpensive RE. We want to add something that moves these efforts toward even cheaper technologies a bit more quickly. Usual investment criteria may not deliver the super low-cost, clean, renewable energy soon enough to avoid the worst effects of climate change," said Dr.Larry Brilliant, Executive Director of Google.org, Google's Philanthropic arm, "Google.org's hope is that by funding research on promising technologies, investing in promising new companies, and doing a lot of R&D ourselves, we may help spark a green electricity revolution that will deliver breakthrough technologies priced lower than coal."
Working with RE grants that demonstrate a path toward producing energy at an unsubsidized cost below that of coal-fired power plants. Google will work with a variety of organizations in the renewable energy field,including companies, R&D laboratories, and universities. For example, Google.org is working with two companies that have promising scalable energy technologies.
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