[CAnet - news] Google's Best Bet: Organzing Energy Use to reduce CO2 emissions

"Bill St. Arnaud" <[email protected]> Wed, 8 Oct 2008 13:57:40 -0400
Newsgroups gmane.culture.publications.news
Organization CANARIE Inc
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For more information on this item please visit my blog at 

http://green-broadband.blogspot.com/ or http://billstarnaud.blogspot.com

-------------------------------------------

 


 [Great article in Gigaom on how companies like Google can make money on the
energy market.  I have long argued that this is where future business
opportunities lie with "gCommerce" - green Commerce.  The energy market is
orders of magnitude larger than Internet market or click advertising. It is
also a market limited by resource scarcity, which ultimately means increased
costs and larger opportunities for revenue growth ( this is how the oil
companies have become so rich). The internet and "e"Commerce on the other
hand are markets of abundance where is scarcity is only an  artifact created
by the carriers. In markets of abundance, costs will inevitably go down, as
will revenue opportunities.  What we need to do is create revenue
opportunities in markets of scarcity in exchange for offering free services
in markets of abundance.  For some examples please see
http://green-broadband.blogspot.com/


Google and other companies don't have to wait for smart meters and smart
grids in order to realize revenue from the energy market. There already
exists a trillion dollar market in energy resale -where you don't have to
make single investment in infrastructure or equipment. The only cost to get
in, is a license fee of a couple thousand dollars per state or province.
Unfortunately that low entry fee and huge revenue potential has attracted a
lot of unsavory companies and the energy re-sale market today is
characterized by shady business practices and millions of customer
complaints.


If companies like Google entered the market they could use their "click
advertising" skills to quickly drive down costs and also provide an aura of
credibility and respectability to the industry.  Companies like Google could
also be big drivers in gCommerce to help consumers reduce their CO2
footprint by offering virtual products and services in exchanging for the
consumer purchasing renewable power at a premium to conventional dirty
power. Some excerpts from the GigaOm article-BSA]


 


 


 


 


http://gigaom.com/2008/10/07/googles-best-energy-bet-organizing-energy-usage
/


 


Google's Best Energy Bet: Organizing Energy Usage 


Google's mission is to organize the world's information - be it via search,
email, online maps or mobile apps - but it could someday help you manage
your daily energy consumption, too. At a speech at the Commonwealth Club in
San Francisco last week, Google CEO Eric Schmidt said that as part of its
recently announced collaboration with GE, the search engine giant is
currently looking at designing tools to help consumers understand their
energy consumption. Google has also been actively looking at utilities'
smart meter projects, he said, and at using its strong connection with
consumers to play a role in consumer energy management. 

Helping consumers, even utilities, manage energy data is a perfect fit for
Google. The power grid in its current form won't be able to support the
loads - inefficient and unintelligent, it has yet to benefit from the
technologies of the information age. Meanwhile, at the edges of the grid,
consumers know very little about their energy use; monthly electricity bills
have an appalling lack of transparency and options compared to industries
like cell phones.

That said, there probably isn't a company that has changed consumer behavior
online more than Google. It has not only shaped how consumers access
information. So Google is wise to be looking into online tools, or even a
wireless home networking product, that could help consumers change their
energy consumption behavior. They're clearly headed in that direction: "It
seems obvious to me that if you give [energy] information to end users they
behave smartly," Schmidt said in his speech. "So we are working on that." It
could ultimately be the most important contribution Google makes to fighting
climate change. As
<http://piee.stanford.edu/cgi-bin/htm/Behavior/research/Behavior_and_Decisio
n-Making_Research_Related_to_Energy_Efficiency_and_Climate_Change.php>
Stanford's Precourt Institute for Energy Efficiency notes, advanced
technology deployments will take several decades and a lot of capital.
Simple tools that can affect the behavior of the average consumer's energy
usage will be more cost-effective and can be implemented now. 

 

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These news items and comments are mine alone and do not necessarily reflect
those  of the CANARIE board or management.

 

 

 

 

------

[email protected]

[email protected]

[email protected]

http://billstarnaud.blogspot.com/

 


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<div class=3DSection1>

<p class=3DMsoPlainText>For more information on this item please visit =
my blog at
<o:p></o:p></p>

<p class=3DMsoPlainText><a =
href=3D"http://green-broadband.blogspot.com/">http://green-broadband.blog=
spot.com/</a>
or <a =
href=3D"http://billstarnaud.blogspot.com">http://billstarnaud.blogspot.co=
m</a><o:p></o:p></p>

<p =
class=3DMsoPlainText>-------------------------------------------<o:p></o:=
p></p>

<p class=3DMsoPlainText><o:p>&nbsp;</o:p></p>

<h3>&nbsp;[Great article in Gigaom on how companies like Google can make =
money
on the energy market.&nbsp; I have long argued that this is where future
business opportunities lie with &#8220;gCommerce&#8221; &#8211; green =
Commerce.&nbsp;
The energy market is orders of magnitude larger than Internet market or =
click
advertising. It is also a market limited by resource scarcity, which =
ultimately
means increased costs and larger opportunities for revenue growth ( this =
is how
the oil companies have become so rich). The internet and =
&#8220;e&#8221;Commerce
on the other hand are markets of abundance where is scarcity is only an =
&nbsp;artifact
created by the carriers. In markets of abundance, costs will inevitably =
go
down, as will revenue opportunities.&nbsp; What we need to do is create =
revenue
opportunities in markets of scarcity in exchange for offering free =
services in
markets of abundance.&nbsp; For some examples please see =
http://green-broadband.blogspot.com/<o:p></o:p></h3>

<h3>Google and other companies don&#8217;t have to wait for smart meters =
and
smart grids in order to realize revenue from the energy market. There =
already
exists a trillion dollar market in energy resale &#8211;where you =
don&#8217;t have
to make single investment in infrastructure or equipment. The only cost =
to get
in, is a license fee of a couple thousand dollars per state or =
province.&nbsp;
Unfortunately that low entry fee and huge revenue potential has =
attracted a lot
of unsavory companies and the energy re-sale market today is =
characterized by shady
business practices and millions of customer complaints.<o:p></o:p></h3>

<h3>If companies like Google entered the market they could use their =
&#8220;click
advertising&#8221; skills to quickly drive down costs and also provide =
an aura
of credibility and respectability to the industry.&nbsp; Companies like =
Google
could also be big drivers in gCommerce to help consumers reduce their =
CO2
footprint by offering virtual products and services in exchanging for =
the
consumer purchasing renewable power at a premium to conventional dirty =
power. Some
excerpts from the GigaOm article&#8211;BSA]<o:p></o:p></h3>

<h3>&nbsp;<o:p></o:p></h3>

<h3><o:p>&nbsp;</o:p></h3>

<h3><o:p>&nbsp;</o:p></h3>

<h3><o:p>&nbsp;</o:p></h3>

<h3><a
href=3D"http://gigaom.com/2008/10/07/googles-best-energy-bet-organizing-e=
nergy-usage/">http://gigaom.com/2008/10/07/googles-best-energy-bet-organi=
zing-energy-usage/</a><o:p></o:p></h3>

<h3><o:p>&nbsp;</o:p></h3>

<h3>Google&#8217;s Best Energy Bet: Organizing Energy&nbsp;Usage =
<o:p></o:p></h3>

<p>Google&#8217;s mission is to organize the world&#8217;s information =
&#8212;
be it via search, email, online maps or mobile apps &#8212; but it could
someday help you manage your daily energy consumption, too. At a speech =
at the
Commonwealth Club in San Francisco last week, Google CEO Eric Schmidt =
said that
as part of its recently announced collaboration with GE, the search =
engine
giant is currently looking at designing tools to help consumers =
understand
their energy consumption. Google has also been actively looking at =
utilities&#8217;
smart meter projects, he said, and at using its strong connection with
consumers to play a role in consumer energy management. <o:p></o:p></p>

<p>Helping consumers, even utilities, manage energy data is a perfect =
fit for
Google. The power grid in its current form won&#8217;t be able to =
support the
loads &#8212; inefficient and unintelligent, it has yet to benefit from =
the
technologies of the information age. Meanwhile, at the edges of the =
grid,
consumers know very little about their energy use; monthly electricity =
bills
have an appalling lack of transparency and options compared to =
industries like
cell phones.<o:p></o:p></p>

<p>That said, there probably isn&#8217;t a company that has changed =
consumer behavior
online more than Google. It has not only shaped how consumers access
information. So Google is wise to be looking into online tools, or even =
a
wireless home networking product, that could help consumers change their =
energy
consumption behavior. They&#8217;re clearly headed in that direction: =
&#8220;It
seems obvious to me that if you give [energy] information to end users =
they
behave smartly,&#8221; Schmidt said in his speech. &#8220;So we are =
working on
that.&#8221; It could ultimately be the most important contribution =
Google
makes to fighting climate change. <a
href=3D"http://piee.stanford.edu/cgi-bin/htm/Behavior/research/Behavior_a=
nd_Decision-Making_Research_Related_to_Energy_Efficiency_and_Climate_Chan=
ge.php">As
Stanford&#8217;s Precourt Institute for Energy Efficiency notes</a>, =
advanced
technology deployments will take several decades and a lot of capital. =
Simple
tools that can affect the behavior of the average consumer&#8217;s =
energy usage
will be more cost-effective and can be implemented now. <o:p></o:p></p>

<p class=3DMsoPlainText><o:p>&nbsp;</o:p></p>

<p =
class=3DMsoPlainText>-------------------------------------<o:p></o:p></p>=


<p class=3DMsoPlainText>To subscribe or unsubscribe send e-mail to <a
href=3D"mailto:[email protected]">[email protected]</a><o=
:p></o:p></p>

<p class=3DMsoPlainText><o:p>&nbsp;</o:p></p>

<p class=3DMsoPlainText>These news items and comments are mine alone and =
do not
necessarily reflect those&nbsp; of the CANARIE board or =
management.<o:p></o:p></p>

<p class=3DMsoPlainText><o:p>&nbsp;</o:p></p>

<p class=3DMsoPlainText><o:p>&nbsp;</o:p></p>

<p class=3DMsoNormal><o:p>&nbsp;</o:p></p>

<p class=3DMsoNormal><o:p>&nbsp;</o:p></p>

<p class=3DMsoNormal>------<o:p></o:p></p>

<p class=3DMsoNormal>[email protected]<o:p></o:p></p>

<p class=3DMsoNormal>[email protected]<o:p></o:p></p>

<p class=3DMsoNormal>[email protected]<o:p></o:p></p>

<p class=3DMsoNormal>http://billstarnaud.blogspot.com/<o:p></o:p></p>

<p class=3DMsoNormal><o:p>&nbsp;</o:p></p>

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