This news that Google is planning on putting hundreds of millions of dollars into energy research is all over the news today.
“The US-based Internet colossus said it will invest in advanced solar, wind and geothermal power systems along with other technologies promising potential breakthroughs.
It expects to hire 20 to 30 engineers with expertise in energy.
‘We have gained expertise in designing and building large-scale, energy-intensive facilities by building efficient data centers,’ Page said.
‘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.’
Coal is burned to produce 40 percent of the world’s electricity and is a major source of greenhouse gases responsible for global warming.
‘Cheap renewable energy 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,’ said Google co-founder Sergey Brin.
Google’s founders said there are budding technologies that can flourish with the proper backing.
‘There has been tremendous work already on renewable energy,’ Page said.
‘We are very interested in further developing other technologies that have potential to be cost-competitive and green.’
Page said green electricity costing less per kilowatt than coal can be brought to market in ‘years not decades.’
Google will invest tens of millions of dollars in research and hundreds of millions of dollars in green energy technology firms, according to Page.”
Yay. If they can pull this off, they bully for them.
Read the rest here.