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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

Company Provides £1 Billion for UK Wind Power

LCG, Feb. 19, 2002--A company with backing from high-profile banks, insurers and law firms will provide £1 billion for wind power in the UK.

The funding would be provided by the company, Aeolus, to as many as 18 off-shore windpower installations. Among the backers are the Bank of Scotland, insurance group Marsh UK, the law firm Norton Rose, Norddeutsche Landesbank of Germany, NIB Capital Bank of the Netherlands, and consultant engineer PB Power.

A partner at Norton Rose, Andrew Newbery, said, "project finance can take years to arrange. But with Aeolus the banks have done all the risk assessments so the money can be arranged very quickly."

Projects are already foreseen by developers such as Shell, London Electricity, Powergen and Amec, and would be situated largely off England's southwestern and northeastern coasts, at an estimated cost of £1.6 billion.

The government wants windpower to account for 3 percent of generation by early 2003. The full capacity of 18 planned windfarms would be 1,600 megawatts.
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