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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

EU Energy Tax May Be Blocked by Italy

LCG, February 18, 2003-The European Union's attempts at taxing the energy industry are likely to fail today due to Italy's opposition.

15 EU states support a proposal to levy a tax on coal, gas, and electricity production, in addition to raising minimums on oil product taxes. These additional fees are intended to prevent pollution and climate change.

However, Italy would like to continue oil tax breaks because of its reliance on truck transport. In 2000, public outcry against increasing oil prices lead to the initial tax break for truck fuel in Italy. The Mont Blanc tunnel between France and Italy was also closed last year, limiting Italy's transport ability across the Alps.

France will also allow for tax breaks but has asserted its willingness to eliminate them within 2 years.

The proposal is expected to fail because of Italy's opposition, although talks between German Finance Minister Hans Eichel and Italian Finance Minister Giulio Tremonti have been ongoing yesterday and today regarding this issue.

EU officials are anxious to pass the measure before an additional 10 members enter the EU next year; many believe unanimous support will be much harder to achieve in the future.

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