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Apple can now sell power as tech giants boost energy investments
A year ago Apple entered into a $850 million partnership with sun-farm firm First Solar.
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“Apple uses clean energy to provide 100 percent of the power for its data centers in Nevada, California and around the world – but it still has energy left over”.
Apple has another power-sales application pending, to sell excess electricity generated via solar panels on the roof of its under-construction “spaceship” campus in Cupertino, Bloomberg has reported. Apple also owns 20 megawatts of generation in the Nevada Power Company service area and 50 megawatts in the Salt River Project service area in Arizona, according to the FERC order. Apple made the request to sell electricity from renewable and other energy generators it owns in Nevada, California and Arizona June 6. “This turns them much more into an independent power producer and really enables them to work the energy markets more freely”. The ruling was ordered by the Federal Energy Regulatory Commission, which noted that Apple wasn’t capable of hiking up prices unfairly. The company has a goal of running all operations on clean energy. Augmented reality, perhaps best demonstrated by the global success of Pokémon Go, is something Apple believes in long-term, CEO Tim Cook says. “Our view is that the time for talk has passed, and the time for action is now”.
Apple Energy’s application “satisfies the commission’s requirements for market-based rate authority”, the agency said.
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The Federal Energy Regulatory Commission on Thursday approved Apple’s push to sell power through its Apple Energy LLC, which includes electricity from a solar farm in Yerington south of Reno. Google gained similar rights in 2010.