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Google Energy
Google Energy LLC is a subsidiary company of Alphabet Inc., 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 substantial 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 ...
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Power Generation
Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its storage (using, for example, the pumped-storage method). Electricity is not freely available in nature, so it must be "produced" (that is, transforming other forms of energy to electricity). Production is carried out in power stations (also called "power plants"). Electricity is most often generated at a power plant by electromechanical generators, primarily driven by heat engines fueled by combustion or nuclear fission but also by other means such as the kinetic energy of flowing water and wind. Other energy sources include solar photovoltaics and geothermal power. There are also exotic and speculative methods to recover energy, such as proposed fusion reactor designs which aim to directly extract energy from intense magnetic fields gener ...
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NextEra Energy Resources
NextEra Energy Resources, LLC (NEER) is a wholesale electricity supplier based in Juno Beach, Florida. NEER is a subsidiary of NextEra Energy (), a Fortune 200 company. Prior to 2009, NextEra Energy Resources was known as FPL Energy. NextEra Energy Resources is the world's largest operator of wind and solar projects. In addition to wind and solar, NEER owns and operates generating plants powered by nuclear energy, natural gas, and oil. As of December 2017, the combined capacity of NEER's facilities is 19.06 gigawatts (GW) across 32 states, 4 Canadian provinces, and 1 province in Spain. NEER also develops and builds battery storage projects. As of December 2017, NEER owns and operates approximately 205 electrical substations and 1,190 circuit miles of electric power transmission lines. Wind power As of December 2017, NextEra Energy Resources has wind facilities located in 21 states in the U.S. and 4 provinces in Canada, primarily located throughout Texas and the Western and M ...
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Renewable Energy Companies Of The United States
A renewable resource, also known as a flow resource, is a natural resource which will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring processes in a finite amount of time in a human time scale. When the recovery rate of resources is unlikely to ever exceed a human time scale, these are called perpetual resources. Renewable resources are a part of Earth's natural environment and the largest components of its ecosphere. A positive life-cycle assessment is a key indicator of a resource's sustainability. Definitions of renewable resources may also include agricultural production, as in agricultural products and to an extent water resources.What are “Renewable Resources”?
by A. John Armstrong, Esq. & Dr. Jan ...
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Google PowerMeter
Google PowerMeter was a software project of Google's philanthropic arm, Google.org, to help consumers track their home electricity usage. The development of the software was part of an effort by Google to invest in renewable energy, electricity grid upgrades, and other measures that would reduce greenhouse gas emissions. It was launched on October 5, 2009 and ended on September 16, 2011. The software was designed to record the user's electricity usage in near real-time. According to the company, if half of America's homes' energy use was cut by ten percent, it would equal the average energy used by eight million cars. It was hoped that this tool would raise the home-owner's awareness of how much energy they use and make users more energy efficient. PowerMeter was intended for use with smart meters able to track electricity usage in more detail than standard electric meters. According to Google, in 2009 there were approximately 40 million smart meters in use worldwide. By early ...
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Federal Energy Regulatory Commission
The Federal Energy Regulatory Commission (FERC) is the United States federal agency that regulates the transmission and wholesale sale of electricity and natural gas in interstate commerce and regulates the transportation of oil by pipeline in interstate commerce. FERC also reviews proposals to build interstate natural gas pipelines, natural gas storage projects, and liquefied natural gas (LNG) terminals, in addition to licensing non-federal hydropower projects. FERC is composed of five commissioners who are nominated by the U.S. president and confirmed by the U.S. Senate. There may be no more than three commissioners of one political party serving on the commission at any given time. Primary duties The responsibilities of FERC include the following: * Regulating the transmission and sale of natural gas for resale in interstate commerce; * Regulating the transmission of oil by pipelines in interstate commerce; * Regulating the transmission and wholesale sales of electricit ...
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SolarCity
SolarCity Corporation was a publicly traded company headquartered in Fremont, California that sold and installed solar energy generation systems as well as other related products and services to residential, commercial, and industrial customers. The company was founded on July 4, 2006, by Peter and Lyndon Rive, the cousins of SpaceX and Tesla, Inc. CEO Elon Musk, and nephews of model Maye Musk. Tesla acquired SolarCity in 2016, at a cost of approximately $2.6 billion and reorganized its solar business into Tesla Energy. SolarCity heavily focused on door-to-door sales of leased systems, where customers would pay no upfront costs, but agreed to purchase the power generated by those panels from the company for 20 years. The business model became the most popular in the US and made the company the largest residential solar installer, but it caused SolarCity to have over $1.5 billion in debt by the time of its acquisition in 2016. Prior to its acquisition by Tesla, the two companie ...
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Power Purchase Agreement
A power purchase agreement (PPA), or electricity power agreement, is a contract between two parties, one which generates electricity (the seller) and one which is looking to purchase electricity (the buyer). The PPA defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination. A PPA is the principal agreement that defines the revenue and credit quality of a generating project and is thus a key instrument of project finance. There are many forms of PPA in use today and they vary according to the needs of buyer, seller, and financing counter parties. Contractual terms of a PPA may last anywhere between 5 and 20 years, during which time the power purchaser buys energy, and sometimes also capacity and/or ancillary services, from the electricity generator. Such agreements play a key role in the financin ...
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Atlantic Wind Connection
Atlantic Wind Connection (AWC) was a proposed electrical transmission backbone by Trans-Elect Development Company that could be constructed off the East Coast of the United States to service off-shore wind farms. Google Energy, the investment firm Good Energies, and Japanese trading firm Marubeni announced that they were investing "tens of millions of dollars" in the initial development stage of what could become a $5 billion project.Ovide, Shira"Google's Wind Project Got Lift From Vail Ski Trip"''The Wall Street Journal'', October 12, 2010. Accessed October 16, 2010. Financing for the project never lined up, reportedly because the low cost of natural gas made large scale offshore wind uncompetitive. The project continued to move forward as of May 2012 and in January, 2013 with plans to build the first segment off New Jersey. Project description The Atlantic Wind Connection would begin with a first phase that would connect population and power transmission hubs in south ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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North Dakota
North Dakota () is a U.S. state in the Upper Midwest, named after the indigenous Dakota Sioux. North Dakota is bordered by the Canadian provinces of Saskatchewan and Manitoba to the north and by the U.S. states of Minnesota to the east, South Dakota to the south, and Montana to the west. It is believed to host the geographic center of North America, Rugby, and is home to the tallest man-made structure in the Western Hemisphere, the KVLY-TV mast. North Dakota is the 19th largest state, but with a population of less than 780,000 as of 2020, it is the 4th least populous and 4th most sparsely populated. The capital is Bismarck while the largest city is Fargo, which accounts for nearly a fifth of the state's population; both cities are among the fastest-growing in the U.S., although half of all residents live in rural areas. The state is part of the Great Plains region, with broad prairies, steppe, temperate savanna, badlands, and farmland being defining characterist ...
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Renewable Energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy for electricity generation to a grid, air and water heating/ cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefo ...
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