UPDATED 20:59 EDT / JULY 06 2017

EMERGING TECH

Following in the steps of Waymo, Alphabet spins off geothermal energy research as ‘Dandelion’

One of Alphabet Inc.’s X-Lab moonshot efforts that is seeking to deliver cutting-edge geothermal energy technology is following in the path of Waymo before it, spinning off as its own company.

Called Dandelion Inc., the company, based on research initially started under the then named Google X Lab,  claims it can affordably drill and install geothermal systems to heat and cool homes not on a collaborative commercial basis but for individual homes, a radical departure from existing geothermal energy technology.

“Home geothermal systems can offer lower and steadier monthly energy costs because they use the energy in the ground under your yard,” Dandelion Chief Executive Officer Kathy Hannun said in a post on Medium Thursday. “The ground stays at about 50 degrees Fahrenheit year round. In the wintertime, water circulating through U-shaped plastic pipes installed in your yard absorbs heat from the earth, and then a geothermal heat pump inside of your home turns it into warm air. In the summertime, the pump draws the warm air out of your home and the so-called ‘ground loops’ disperse the heat into the earth.”

Dandelion’s technology is also said to be environmentally friendly as it negates the need for heating fuels such as oil or propane that come complete with carbon dioxide and particulate emissions.

The structure of the company is not clear, nor is much of its history as a member of Alphabet’s X Lab, given that it has never been mentioned prior to its launch today. While Waymo remains a fully owned spinoff, it appears that Alphabet retains equity in Dandelion but isn’t interested in maintaining outright ownership: The company is raising $2 million in seed funding in a round led by Collaborative Fund that included ZhenFund and Borealis Ventures.

In an age where solar panels can provide power to a home at an increasingly affordable cost, it’s not inconceivable that the ability to add geothermal energy to the mix may not be far off into the future either.

Image: Dandelion

Since you’re here …

… We’d like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.

If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, tweet your support, and keep coming back to SiliconANGLE.