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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

Duke Energy Has 4th Qtr Loss of $2 Billion

LCG, Jan. 29, 2004--Nonrecurring charges of $3.4 billion resulting from asset sales and closure of business units led to a fourth-quarter loss of $2 billion for Duke Energy Corp.

Among assets yet to be sold in 2004 are merchant power plants in the Southeastern U.S., Australian generating plants and gas pipelines, and gas marketing businesses based in Europe. The company expects such sales to trim its $23 billion debt by $3.5 billion to $4 billion this year.

The fourth-quarter losses resulted in a $1.3 billion loss for the year, whereas Duke Energy reported a profit of $1 billion for all of 2002.

Duke Energy's chairman and CEO Paul Anderson, who moved into those positions in November 2003, said the current target was for "modest growth...in the 4 to 6 percent range."
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