Google and General Electric have announced a partnership aimed at upgrading the United States electric power grid and pushing forward the development of renewable energy. The companies plan to conduct a joint lobbying effort in Washington to encourage the government to invest in developing a “smart grid,” and will also work together on projects like geothermal energy systems and integrating plug-in electric cars into the grid. The deal combines each company’s strengths: GE will make the hardware — from wind turbines to metering switches, and Google will make the software — applying network technologies to the grid [Portfolio].
The announcement follows a speech given two weeks ago by Google CEO Eric Schmidt, in which he laid out a blueprint for how the United States could switch over to generating 100 percent of its electricity from renewable energy by 2030, while also eliminating half of the gasoline-powered cars from the roads. While Google hasn’t offered to follow through on that comprehensive proposal, which carried the hefty price tag of $2.7 billion, the partnership with GE seems to indicate that Google wants to put many of its suggestions into practice.
