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How Google is helping create a new model for clean energy
NV Energy and Google partner to develop new solutions to bring clean, firm energy technology to Nevada.
These technologies, like enhanced geothermal, long-duration energy storage and advanced nuclear power, are early-stage, relatively costly and poorly incentivized by current regulatory structures. The CTT brings utilities and customers together into a long-term energy agreement that can facilitate investments into new projects that deliver clean firm capacity to the grid. Since then, Fervo has achieved remarkable reductions in the time and cost of its drilling process, demonstrating the power of early customer demand to help drive rapid improvements to early-stage technologies.
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