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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

Montana Regulators Assert Power Rate Control

LCG, June 27, 2001The Montana Public Service Commission said in an order yesterday that it would continue to regulate electric rates after a current rate freeze expires next year, a ruling that, while directed at Montana Power Co., was regarded with dismay by PPL Corp. of Pennsylvania.

The commission voted 4-0 in favor of the order which would take effect June 30, 2002 when the rate freeze expires.

As part of the ruling, the PSC declared that PPL Montana, which bought Montana Power's generation plants for $767 million in 1999, must in the future provide the electricity at a price reflecting what the costs would have been if the generation plants had not been sold.

The commission expected PPL to challenge the ruling in court, and PPL promised not to disappoint.

"I'm sure it will be challenged," said Matt Brainard, a member of the commission. "We could probably avoid a lot of consternation if people would get together and work on an effective transition plan with us."

PPL Corp. said the PSC action contains conclusions that are "clearly in violation of federal law" regarding the Montana power plants that its subsidiary owns and operates. "The state of Montana has no authority to direct PPL Montana to sell electricity at a given price," said Joanne Raphael, vice president for external affairs, adding "If the PSC continues to pursue this misguided reasoning, we would be forced to continue a legal challenge to such an illegal action."

Raphael said "We bought these power plants in Montana with the understanding that they would operate as merchant plants, selling electricity into Western wholesale markets -- at market-based prices. The state of Montana has no authority to direct PPL Montana to sell electricity at a given price."

PPL operates two coal-fired power plants and 11 hydroelectric facilities in the state, with about 1,150 megawatts of generating capacity.

Raphael said PPL has offered to supply Montana Power with 500 megawatts of power producedby PPL's plants at 4 cents per kilowatt-hour for five years. PPL already has signed an agreementproviding for this power supply and is awaiting signature from Montana Power, but is conditioned on the PSC dropping efforts to re-regulate future power prices.

"It would be extremely unfortunate for the people of Montana if the PSC puts at risk a contract thatwould provide for about two-thirds of Montana Power's electricity supply needs at very attractiveprices," Raphael said.

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