Google Energy - Google enters the energy trading market

Google Energy, which is owned by the search engine company Google, got approval Thursday to buy and sell energy on the wholesale market.According to report by PC World Google's move into the energy market is a strategy to help provide power to the electricity-hungry buildings that house its search engine, advertising network, email software, and all the other things Google does that require large groups of computers.

Google has also made a pledge to be carbon neutral, so being able to buy and sell energy will help it incorporate greener energy into its operations, the article said.

"We made this filing so we can have more flexibility in procuring power for Google's own operations, including our data centers," Google spokeswoman Niki Fenwick said via e-mail.

The authorization also raises the prospect that Google may start to buy and sell energy as a business. Its application asked that Google Energy be able to "act as a power marketer, purchasing electricity and reselling it to wholesale customers."

The article from PC World about Google Energy -  Google Gets US Approval to Buy and Sell Energy