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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

Newsmakers

Reliant Energy, Inc. has appointed Mark M. Jacobs executive vice president and chief financial officer of both Reliant Energy and Reliant Resources, Inc. Jacobs will resign from the Reliant Energy position upon the completion of the spin-off of Reliant Resources from Reliant Energy. Steve Naeve, who has served in the Reliant Enery role, will continue as vice chairman of Reliant Energy until the completion of the spin-off. Jacobs has served in an advisory position with Reliant, and has been a managing director of Goldman Sachs & Co.

PSEG Energy Resources & Trading has appointed Thomas P. Weeks Director-Midwest Marketing, making him responsible for developing energy marketing opportunities for PSEG Power's gas-fired cominbed-cycle electric generating facilities under construction in the Midwest. PSEG Energy Resources & Trading is a subsidiary of PSEG Power, the independent power producer. Weeks served as Senior Structured Products Originator and Risk Manager at DTE Energy Trading. He also served at DTE's Detroit Edison Company affiliate, and held the positions of Senior Business Analyst and financial Team Leader.

Ballard Power Systems announced that Dennis Campbell will serve as president and chief operating officer effective July, 22, 2002. Campbell will also become chief executive officer on March 31, 2003, succeeding Firoz Rasul, who will become Executive Chairman of the Board of Directors. Campbell has 30 years of experience in diverse manufacturing enterprises, and joins Ballard from Home Care Industries, where he was president and chief executive officer. He will apply his experience to Ballard's fuel cell and related businesses in the portable, stationary and transportation power markets.
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