Google Energy decided to purchase 114 megawatts of wind power capacity per year. The deal is planned to be made for 20 years from an Iowa wind farm. Google currently isn’t planning to use the wind power for its own utility.
Iowa is one of the top five wind-power generating station in the U.S. with existing power capacity of 3,670 megawatts. NextEra Energy Resources owns the farm and operates it. And the estimated revenue of the company is over USD 15 billion. Before it had established its energy subsidiary, Google invested $38.8 million directly in NextEra Energy’s large, utility-scale wind power generation projects in North Dakota.
Google first established its goal of offsetting its own carbon footprint in 2007. This deal should bring it 114 megawatts per year closer to carbon neutrality. Google spokesperson Yood says, “We’re partially protecting ourselves against future increases in power prices.” This is by far not the first step taken by Google in preventing future Environmental crisis.
Even after the large media attention, Google and NextEra Energy Resources haven’t still reported the numbers behind the deal. But a NextEra Energy spokesman noted on Tue. “A long term commitment [by Google] to purchase a significant portion of the output from one of our wind projects is obviously a good thing for us.”