Last month Google formally incorporated Google Energy, a new subsidiary that is seeking permission from the government to buy and sell electricity on the wholesale market.
The formation of Google Energy probably doesn't mean that you'll be able to buy your electricity for your home from Google anytime soon (though with them you never really know). Company spokesman Niki Fenwick told CNET News that the move will allow them to have more flexibility to buy renewable energy.
"Right now, we can't buy affordable, utility-scale, renewable energy in our markets," Fenwick told CNET. "We want to buy the highest quality, most affordable renewable energy wherever we can and use the green credits."
In 2007, Google committed to becoming carbon neutral and has been pursuing their goal by buying high quality renewable energy energy credits. Google Energy is a smart move that will allow them to flex even more muscle in getting more renewable energy onto the grid and into their portfolio..
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