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NextEra Energy and Google Collaborate on Accelerating Nuclear Power Deployment

LCG, October 28, 2025--NextEra Energy and Google yesterday announced two agreements that will help meet growing electricity demand from artificial intelligence (AI) with clean, reliable, 24/7 nuclear power and strengthen the nation's nuclear leadership. First, Google signed a new, 25-year agreement for power generated at the Duane Arnold Energy Center, Iowa's only nuclear power facility. The 601-MW boiling water reactor unit was shut down in 2020 and is expected to commence operations by the first quarter of 2029, pending regulatory approvals to restart the plant.

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Google Announces Gas-fired Broadwing Energy Project with CCS

LCG, October 23, 2025--Google announced today a first-of-its kind agreement to support a natural gas-fired power plant with carbon capture and storage (CCS). The 400-MW Broadwing Energy power project, located in Decatur, Illinois, will capture and permanently store its carbon dioxide (CO2) emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers.

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Industry News

BPA Sees Difficulty In Escaping Enron Contract

LCG, Feb. 11, 2002--A multiyear power purchase contract the Bonneville Power Administration signed with Enron could be broken off, but only at a high price.

The contract is for delivery of 320 megawatts through 2006, at an average cost of about $50 per megawatt-hour. The BPA is paying a premium of above $20 per megawatt-hour over current market prices. A spokesman for the BPA, Ed Mosey, told the Seattle Times, "we continue to look at our options, but just because a company files bankruptcy doesn't mean that you can walk away from your agreements."

The purchases by BPA were initiated between fall 2000 and spring 2001, and based on the high wholesale power prices of that period, BPA's rates increased 46 percent in October. Both the Snohomish County Public Utility District and Palo Alto, Calif., canceled contracts with Enron by invoking escape clauses relating to Enron's credit rating. Both are awaiting legal challenges in bankruptcy court, as Enron creditors look for assets still retained by Enron.

A standard Western Systems Power Pool contract formed the basis of BPA's purchases from Enron, and as such an escape clause similar to those invoked by Snohomish County PUD and Palo Alto was not included. The BPA could make a substantial payment in order to exit the contract.
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