New York City, July 27, 2011 — Verizon and the U.S. Department of Energy's National Renewable Energy Laboratory have signed a memorandum of understanding to develop innovative ways to reduce energy use in the information and communications technology industry. This is agreement between an industry company and a national laboratory owned by the DOE.
Under the agreement, Verizon will further its goal to become more energy efficient, and will work with the laboratory on a possible blueprint for reducing energy use throughout the information and communications technology industry.
NREL and Verizon will work together and share technical expertise in several areas:
* Energy efficiency and energy management at Verizon's buildings and facilities, including data centers.
* Advancement of smart grid technologies and best practices, including energy and communication technologies in homes and buildings.
The information and communications technology industry plays an important role in reducing energy consumption in other industries. Verizon's global network, for example, is the platform on which energy-saving services like video conferencing, smart grid technology and home automation are made possible.
In the last 20 years, every extra kilowatt-hour of electricity consumed by information and communications technology equipment has saved the U.S. economy 10 kW of energy on average, according to the American Council for an Energy Efficient Economy.