tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Google announces first carbon capture and storage project

Michael Terrell, Head of Advanced Energy at Google, stated in a blog post: “At Google, we’re advancing a broad portfolio of new energy technologies that can support our growth and enable a reliable, affordable, clean energy future… Today we’re excited to announce a first-of-its kind corporate agreement to support a gas power plant with CCS. Broadwing Energy, located in Decatur, Illinois, will capture and permanently store approximately 90% of its CO2 emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers. We hope it will accelerate the path for CCS technology to become more accessible and affordable globally, helping to increase generating capacity while enabling emission reductions.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Read More on GOOGL:

Disclaimer & DisclosureReport an Issue

1