Huge news?
Give me a break.
Solar is the most expensive way of generating power
Apple products are usually the most expensive.
I believe LENR will surface shortly
On 6/9/2016 3:03 PM, Esa Ruoho wrote:
http://9to5mac.com/2016/06/09/apple-energy-company/
"Apple has just become an energy company, looks to sell excess
electricity into the grid and maybe more"
Apple has quietly created an energy subsidiary, ‘Apple Energy’ LLC,
registered in Delaware but run from its Cupertino headquarters. The
company was seemingly formed to allow it to sell excess electricity
generated by its solar farms in Cupertino and Nevada, with plans to
sell electricity across the whole of the US.
[Apple Energy LLC] is a Delaware limited liability company and is a
100% wholly owned subsidiary of Apple Inc. [Contact is] Apple Energy
LLC, One Infinite Loop, Cupertino, CA 95014
Given Apple’s expertise and huge commitment to using renewable energy
to power its operations, it is no surprise that it wants to ensure
that its solar farms generate sufficient power to meet its needs.
Because the sun only shines during the day obviously, Apple needs to
shift its generation and its usage. Data centers need to go 24/7.
Apple Stores are open in the evening. Apple has alternatives for this
at its campus (see Fuel Cell generation below) but if it wants to
operate 100% renewable, it has to “trade” overcapacity during the
middle of the day for “net-metered” energy during the evening or
cloudy days.
Apple’s Cupertino Campus 2 Photovoltaics are rated at 14 megawatts alone.
But a set of Federal Energy Regulatory Commission filings suggests
that Apple could have bigger ambitions in the power field …
Currently, when private companies sell their excess power, they can
only do so to energy companies – and they often (varies by state) have
to sell at wholesale rates. What Apple seemingly could to do, however,
is sell directly to end-users at market rates. In other words, get
paid retail prices for its excess power.
Currently companies like Green Mountain Power can sell green renewable
energy to homeowners all over the US. It wouldn’t be a stretch to see
Apple do this as a product in the future.
Apple has told the FERC that it meets the legal criteria for selling
electricity at market rates because it is not a major player in the
energy business and thus has no power to influence electricity prices.
It has requested permission begin within 60 days of its filing on 6th
June.
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