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Wednesday Jan 7 @ 11pm only on MTV2!Google Favoring Clean Energy Deployment over Clean Energy R&D | CleanTechnica
CleanTechnica is the
in the world. .
November 23rd, 2011 by &
Media incorrectly report Google is abandoning renewables. In fact, the company is increasing clean energy investments.
Buried at the bottom of an innocuous “spring cleaning” post on Google’s blog yesterday, the internet giant made a very important announcement: it will stop funding its Renewable Energy Cheaper than Coal (RE&C) initiative.
But that’s not the whole story. And if you believe the headlines —
— you might think this is a negative development. But if you look at the details, it’s a story about how the company is adapting to a changing market and actually increasing investments in renewables.
Announced in 2007 by Google, RE&C was focused on driving down the cost of renewable electricity (mostly solar and geothermal) to meet the cost of generating electricity from coal. The initiative funded R&D in capital-intensive, early-stage technologies that would enable cheaper
But Google says it’s now shifting its focus to project financing rather than R&D, citing the need for more sophisticated research on CSP technologies beyond Google’s scope, and the rapidly changing economics of solar PV:
Over the last few years, we’ve seen a lot of progress in clean energy. We’re excited that some technologies are so quickly approaching cost competitiveness with traditional forms of energy in parts of the US and the world. Power tower technology has come a long way, too. But the installed cost of solar photovoltaic technology has declined dramatically over the past few years, making solar photovoltaic technology a compelling choice for consumers.
At this point, other institutions are better positioned than Google to take this research to the next level. So we’ve
to help others in the field continue to advance the state of power tower technology, and we’ve closed our efforts. We will continue our work to generate cleaner, more efficient energy—including our , procuring , making our
and investing more than
in renewable energy technologies.
Although the news was hidden at the bottom of a blog post, this is a pretty important announcement. (Only at Google would they casually “spring clean” millions of dollars in R&D investments for renewable energy).
Firstly, it shows how capital intensive many of these technologies are. Google invested tens of millions of dollars into R&D for new methods of building CSP plants. Today, we’ve got a number of commercial projects deployed using some of the technologies and methods funded by Google — but even after investing all that money, much of the research is still in the early phases, the company says.
The same goes for Google’s funding of Potter Drilling, a company working on developing a technique for drilling through deep, hard rock called “thermal spallation.” The drill is designed for Enhanced Geothermal projects. Potter has been working on the technique since 2004, with Google investing over $10 million in the company through its RE&C initiative in 2008. But like most development in the EGS sector, progress has been slow and the drill has not been commercialized yet.
Google’s shift away from these projects doesn’t prove whether or not they’ll be successful. It just shows how much money and time goes into bringing new energy technologies to scale.
Meanwhile, the stunning changes in the economics of solar PV have made market conditions far different today than in 2007. Google has since invested more than $350 million into the deployment of distributed solar, investing in SolarCity and Clean Power Finance, and a variety of projects in Germany. (Google also threw $168 million behind the Ivahpah CSP project, showing that it still has a lot of confidence in that technology too).
Wind is a major part of the company’s portfolio as well. It has invested over $250 million in wind projects around the country, including the world’s largest wind farm, an 845 MW project in Oregon.
You can find Google’s full range of investments,
Even while dropping its high-profile RE&C initiative, Google is investing more than ever in renewables. But it’s choosing deployment over R&D — showing once again that much of the progress in climate solutions will come from actually developing projects.
Research is an extraordinarily important part of building new technologies and making us more competitive. We should never lose sight of that. But we should also recognize the dominant strategy of the largest companies in the world working to bring down the cost of renewables: Deployment, deployment, deployment.
This story originally appeared on
and has been republished with permission.
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Keep up to date with all the hottest cleantech news by subscribing to , or keep an eye on sector-specific news by getting our (also free) , , or .
About the Author
is an editor at Greentech Media. Formerly, he was a reporter/blogger for Climate Progress, where he wrote about clean energy policy, technologies, and finance. Before joining CP, he was an editor/producer . He received his B.A. in journalism from Franklin Pierce University.
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Sorry, your blog cannot share posts by email.Mouser Electronics - Extraordinarily average | Glassdoor
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There are newer employer reviews for Mouser Electronics
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Helpful (2)
&#034;Extraordinarily average&#034;
Work/Life Balance
Culture & Values
Career Opportunities
Comp & Benefits
Senior Management
in Mansfield, TX
in Mansfield, TX
Doesn't Recommend
Positive Outlook
Approves of CEO
I have been working at Mouser Electronics full-time&(More than a year)
Pros Laid back atmosphere, free lunches from time to time
Cons Low pay, little opportunity for advancement. Insulting raises and bonuses. Managers have their favorites and heaven help you if you aren&#039;t part of the clique. PPO going away being replaced by HSA. Great if you&#039;re young - bad if you have monthly prescriptions & need to see a doctor regularly. It&#039;s like having a reduction to your pay.
Advice to Management Think about what makes this business. It&#039;s the people. Take care of your people and you will take care of the customers who will take care of the business.
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Mouser Electronics
Other Employee Reviews for Mouser Electronics
Work/Life Balance
Culture & Values
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Senior Management
in Mansfield, TX
in Mansfield, TX
Recommends
Positive Outlook
Approves of CEO
I have been working at Mouser Electronics full-time&(More than a year)
Pros Mouser is a great company to work for. This company has a strong work/like balance, and is very stable. I have had no concerns about the economic up&#039;s and down&#039;s that have been happening in this county ever since working at Mouser!
Cons The company has hired A LOT of new people over the past couple of years, and yet there is a large part of the population that has been there a long time. The merging of the &#034;new&#034; with the &#034;old&#034; is ultimately a good thing, but brings some growing pains while it happens.
Advice to Management Continue to look within for promotion. There are a lot of really strong, dedicated employees here. Do not look outside unless you have to!
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Mouser Electronics
Helpful (5)
Work/Life Balance
Culture & Values
Career Opportunities
Comp & Benefits
Senior Management
in Mansfield, TX
in Mansfield, TX
Doesn't Recommend
Neutral Outlook
Disapproves of CEO
I worked at Mouser Electronics full-time&(Less than a year)
Pros it was at once a smoking campus
Cons they have favorites as in they pick and choose who does good and who dosent by their personalities and not thier work certain managers were racist against employees their insurance has low coverage and very high deductibles............they also will set you up for failure if you are not a favorite so they can fire you also Raises are impossible if not a favorite!
Advice to Management get new manegment!!!
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Mouser Electronics
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