Apple Submits FERC Application To Sell Solar Electricity
While many companies and households have a power shortage or power price problem, apple has an opposite problem. According to Apple, it generates more power than it needs. After generating all the electricity it needs to run it’s facilities and datacenters worldwide, apple may only use 7% from the grid. In areas like California and Nevada, the company generates more electricity than it can use from it’s Solar Installations.
That excess energy is usually wasted, and in order to make that electricity work for the company, it has filed an application with the Federal Energy Regulatory Commission to sell solar power to the wholesale markets across the US. Since the company isn’t big enough to influence energy market rates, it plans to sell it’s excess energy at market rates.
According to the company’s 2016 Environmental Responsibility Report, the company doesn’t stop there, it plans to put up another 521 MW (Megawatts) of solar power capability worldwide.
There’s a new company under the electronics giant’s massive holdings called “Apple Energy LLC”. Seemingly setup to separate it’s energy business, the company is seemingly expanding in a positive direction with it’s energy decisions. It does make sense to make use of it’s excess energy outputs, and what better way than to direct that energy into places where it’s needed?
With recent reports of the company investigating EV Chargers and a slew of rumors surrounding the news, the company may truly be expanding it’s reach beyond their horizon. With groundbreaking research into batteries and chargers, it’s not all that surprising that the company would look at other technology and find ways to make it better. However, many have speculated that the company may enter the arena of motor cars, as far-fetched as it may sound.
It does not make much sense for the company to get into vehicle manufacturing and development at the moment, but this is not outside it’s power or possible reach.