In 2008, Google CEO Eric Schmidt presented an energy plan
complete with explicit math calculations–to back up an idea for how the U.S. could eventually get 100 percent of its electric power generation from renewable sources, cut emissions by half, create more jobs, and decrease overall energy costs.
ORDER GRANTING MARKET-BASED RATE AUTHORIZATION
(Issued February 18, 2010) http://www.ferc.gov/whats-new/comm-meet/2010/021810/E-18.pdf
1. In this order, the Commission grants market-based rate authorization to Google Energy LLC (Google Energy), effective February 23, 2010, as requested.1 Additionally, we find that Google Energy meets the criteria for a Category 1 seller in all regions and is so designated.
2. On December 23, 2009, as amended on January 19, 2010, pursuant to section 205 of the Federal Power Act,3 Google Energy filed an initial application for market-based rate authority with an accompanying tariff providing for the sale of energy, capacity, and ancillary services at market-based rates.4 Google Energy requests waivers commonly granted to market-based rate applicants.
3. Google Energy is a wholly-owned subsidiary of Google, Inc. (Google), a technology company focused on web-based services. Google Energy states that it was formed to identify and develop opportunities to contain and manage the cost of energy for Google. Google Energy states that it intends to act as a power marketer, purchasing electricity and reselling it to wholesale customers.
4. Google Energy represents that neither it nor its affiliates own or control wholesale electric generation or transmission facilities, nor do they have a franchised service area for the sale of electricity to captive customers.
