Yahoo, IBM and H-P win stimulus money for energy projects

Jan 09, 2010 By John Letzing

Yahoo Inc., International Business Machines Corp. and Hewlett-Packard Co. have won more than $20 million from the federal government's stimulus package to fund energy-efficiency projects, the U.S. Energy Department said Wednesday.

The funding is part of $47 million in funding from the American Recovery and Reinvestment Act, designated for 14 different projects in data processing, storage and telecommunications, according to the agency.

"Information-technology and telecommunications facilities account for approximately 120 billion kilowatt-hours of electricity annually _ or 3 percent of all U.S. electricity use," the Department said, adding: "The energy-efficiency projects announced today will reduce energy use and carbon pollution, while helping to develop a strong, competitive domestic industry."

Sunnyvale, Calif.-based Yahoo has won $9.9 million to design a data-center system that uses outside air for cooling to enable more efficient use of power and water, the agency said.

Yahoo and other Internet companies such as Inc. use several large data centers to power e-mail, search, video streaming and other services.

IBM received roughly $4 million for two separate projects at its T.J. Watson Research Center. One IBM project will develop software to optimize air conditioning and the use of outside air at computing facilities to reduce energy dependency, while the other will develop a system to transfer heat out of data centers and reduce the use of cooling energy.

Palo Alto, Calif.-based H-P received $7.4 million to test the creation of a system to connect data centers with alternate sources, such as solar and wind, according to the Energy Department.

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joekid
3 / 5 (2) Jan 09, 2010
As always large companies who's officers rob and store the funds they rob, which they call salary, and bonuses, out side of the country: They the stimulus money instead of the smaller businesses that in all hire most of the workers these stimulus funds are supposed to help. Most of these funds given to companies as mentioned here will be used to make profits for people out side of the country or inside in the form of large private individual accounts that help only a minority of people and banking facilities. Great move the pencil pushes in government help their special friends and say its for the good of the country. Lobby instead of people get serviced.
NeilFarbstein
not rated yet Jan 09, 2010
storing off peak electricity made by renewable enrgy or fossil fuels and releasing it during peak demand periods can save 4%-7% of the nation's electricity according to the EIA.