Google Approved to Buy, Sell Energy

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Blazerdt47

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#1 Blazerdt47
Member since 2004 • 5671 Posts

Google Approved to Buy, Sell Energy

Will you soon be able to buy your power from Google?

The Federal Energy Regulatory Commission (FERC) on Thursday approved Google's application to buy and sell energy.

Google filed an application for market-based rate authority on December 23 under the name Google Energy. Google Energy is a subsidiary of the company, which "was formed to identify and develop opportunities to contain and manage the cost of energy for Google," according to FERC. "Google Energy states that it intends to act as a power marketer, purchasing electricity and reselling it to wholesale customers."

Given that it's wholesale, don't expect to swap in that Con Edison bill for a Google bill anytime soon. The move is viewed as a means for Google buyrenewable energy in its own markets, and the FERC application approval notes that "neither Google Energy nor its affiliates own or control any generation or transmission, nor do they have a franchised service area for the sale of electricity to captive customers."

Google did not immediately respond to a request for comment.

In October, Google announced that Energy Inc. will be the first device partner for PowerMeter, which monitors electricity consumption in real time and offers feedback on how to reduce consumption. The tool, which was first announced in February 2009, lives as a secure widget on iGoogle, communicates with smart meters.

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CosmicZombie

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#2 CosmicZombie
Member since 2010 • 1585 Posts
Do you guys remember all those futuristic movies where a company controls the whole world? Google is that company, be afraid.
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Ugalde-

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#3 Ugalde-
Member since 2009 • 3732 Posts
[QUOTE="CosmicZombie"]Do you guys remember all those futuristic movies where a company controls the whole world? Google is that company, be afraid.

Lol. I will never get my energy from Google.
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VENOM192

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#4 VENOM192
Member since 2009 • 1385 Posts

What's next? Google wants to sell tampons?

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VENOM192

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#5 VENOM192
Member since 2009 • 1385 Posts

Do you guys remember all those futuristic movies where a company controls the whole world? Google is that company, be afraid.CosmicZombie
It's the future Skynet! :o

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CosmicZombie

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#6 CosmicZombie
Member since 2010 • 1585 Posts

[QUOTE="CosmicZombie"]Do you guys remember all those futuristic movies where a company controls the whole world? Google is that company, be afraid.VENOM192

It's the future Skynet! :o

We shall go back to the past and protect young Bill Gates!
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VENOM192

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#7 VENOM192
Member since 2009 • 1385 Posts

[QUOTE="VENOM192"]

[QUOTE="CosmicZombie"]Do you guys remember all those futuristic movies where a company controls the whole world? Google is that company, be afraid.CosmicZombie

It's the future Skynet! :o

We shall go back to the past and protect young Bill Gates!

And let's get Mc'donalds on the way.

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MystikFollower

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#8 MystikFollower
Member since 2009 • 4061 Posts

I'm more worried about Wal Mart taking over the world than Google... Though I'm almost convinced the apocalyptic "beasts" spoke of in the Bible are Wal Mart, Google, and Microsoft :lol:.

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JigglyWiggly_

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#9 JigglyWiggly_
Member since 2009 • 24625 Posts
I'll join up sure.
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CosmicZombie

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#10 CosmicZombie
Member since 2010 • 1585 Posts

[QUOTE="CosmicZombie"][QUOTE="VENOM192"] It's the future Skynet! :o

VENOM192

We shall go back to the past and protect young Bill Gates!

And let's get Mc'donalds on the way.

Nah screw humanity, ima go play CS
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VENOM192

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#11 VENOM192
Member since 2009 • 1385 Posts

[QUOTE="VENOM192"]

[QUOTE="CosmicZombie"] We shall go back to the past and protect young Bill Gates!CosmicZombie

And let's get Mc'donalds on the way.

Nah screw humanity, ima go play CS

I agree. Bill Gates can go to hell! *Go's and plays COD:MW2*

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Blazerdt47

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#12 Blazerdt47
Member since 2004 • 5671 Posts

Do you guys remember all those futuristic movies where a company controls the whole world? Google is that company, be afraid.CosmicZombie

Look how long Google has been around and look how long Apple has been around. Now look how much money each has. At that rate, Google has complete world domination by 2020.

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F1_2004

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#13 F1_2004
Member since 2003 • 8009 Posts

Do you guys remember all those futuristic movies where a company controls the whole world? Google is that company, be afraid.CosmicZombie

Yeah, no kidding. The greatest trick Google ever pulled is convincing the world that Microsoft would be the company to do this! :o

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Blazerdt47

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#14 Blazerdt47
Member since 2004 • 5671 Posts

[QUOTE="CosmicZombie"]Do you guys remember all those futuristic movies where a company controls the whole world? Google is that company, be afraid.F1_2004

Yeah, no kidding. The greatest trick Google ever pulled is convincing the world that Microsoft would be the company to do this! :o

Google >>>Microsoft
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KittenNipples

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#15 KittenNipples
Member since 2007 • 3013 Posts

[QUOTE="CosmicZombie"]Do you guys remember all those futuristic movies where a company controls the whole world? Google is that company, be afraid.Blazerdt47

Look how long Google has been around and look how long Apple has been around. Now look how much money each has. At that rate, Google has complete world domination by 2020.

Google's motto :P

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Curlyfrii87

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#16 Curlyfrii87
Member since 2004 • 15057 Posts

Geez, google is slowly getting into Microsoft territory. :o

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Vandalvideo

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#17 Vandalvideo
Member since 2003 • 39655 Posts
Because that worked SO WELL for Enron right?
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metroidfood

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#18 metroidfood
Member since 2007 • 11175 Posts

I expect Google to start buying up abandoned missile silos around the world any day now.

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Jedi_Shearstone

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#19 Jedi_Shearstone
Member since 2004 • 702 Posts

Because that worked SO WELL for Enron right?Vandalvideo

Exactly what i was thinking lets just wait for the rolling blackouts oh wait i'm not american why do i care :P

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KittenNipples

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#20 KittenNipples
Member since 2007 • 3013 Posts
Because that worked SO WELL for Enron right?Vandalvideo
I didn't follow that whole enron thing, in short what happened?
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Vandalvideo

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#21 Vandalvideo
Member since 2003 • 39655 Posts
[QUOTE="Vandalvideo"]Because that worked SO WELL for Enron right?KittenNipples
I didn't follow that whole enron thing, in short what happened?

Enron began buying and selling energy marks and began to hold them against the government of California, ultimately causing rolling blackouts. They started doing this thing called "mark to market", where you buy up energy rights and sell them back to interested parties. It got so insidious that they began to purposefully cut off power to drive up demand and prices.
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ZookGuy

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#22 ZookGuy
Member since 2008 • 2340 Posts
Google is starting to scare me now.
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8-Bitterness

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#23 8-Bitterness
Member since 2009 • 3707 Posts
lol google will be like those companies in videogames or movies controlling the whole world... nice
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#24 mrbojangles25
Member since 2005 • 60729 Posts

Do you guys remember all those futuristic movies where a company controls the whole world? Google is that company, be afraid.CosmicZombie

its gonna be like Brawndo, from Idiocracy.

Dude, its got electrolites.