Google Wind?

12 Oct 2010

I recently blogged about wind power being Michigan’s next big thing, and the latest evidence of wind power’s growing dominance as a power source of the future was announced by Google.  Google announced that it is making a significant investment in off-shore, underground transmission lines, which could cost up to $5 billion over the next 10 years. These lines would run offshore from Virginia to New Jersey. The initial phase of the project would be capable of delivering 2,000 megawatts of wind energy – enough to power about 500,000 homes.

While exciting and forward thinking, these power lines have an immediate use – adding modernity and redundancy to our aging power grid and allowing electricity being generated at a lower cost to be transported to markets with higher generation costs – improving efficiency. This reflects Google’s strategic approach.

Google will own more than a third of the project and has teamed up with other technology companies and investment firms to fund the rest.

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