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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

Interior to Offer Incentives for Gas Drilling in Gulf of Mexico

LCG, Jan. 23, 2004--Royalty relief for companies drilling for natural gas in the Gulf of Mexico were announced today by Interior Secretary Gale Norton as a way of boosting gas supply.

The relief would be offered for drilling at depths beyond what is now considered economical, as well as for extensions of existing wells that head in new directions. If the price of natural gas rose to a particular point, the relief would be suspended, Norton said.

Johnnie Burton, director of the Minerals Management Service within the Department of the Interior, said, "Since infrastructure and lease-specific facilities are already in place, the Outer Continental Shelf is one of the best available sources for additional near-term domestic natural gas supply to meet the nation's needs." Although Norton acknowledged that the relief would have some impact on the Treasury, she stated that the relief would lead to employment in drilling and a savings to consumers of about $570 million.
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