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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

Dynegy Gets Out of Trading Business as President Steps Down

LCG, October 17, 2002-Dynegy's president resigned yesterday, as the energy company announced yesterday that it will cut 1,000 jobs and drop energy trading entirely.

President and Chief Operating Officer Steve Bergstrom resigned yesterday after occupying the position for less than a year. He replaced Chuck Watson earlier this year.

Dynegy initially intended to find a creditworthy partner in order to resume energy trading. The company found no such partner and decided to exit the trading business entirely, a move that will decrease the company's collateral requirement and therefore ease its financial restrictions. Dynegy will instead concentrate its business on energy assets.

Dynegy currently employs 5,500 people and is based in Houston, Texas. The company owns assets throughout North America and Europe and has 19,100 megawatts worth of power plant capacity in the U.S. alone.

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