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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

Maryland Retail Electricity Price Caps to End in June

LCG, Apr. 7, 2004--Maryland's plan to open the retail electricity market to price competition will begin to affect the bills of some residents and businesses starting at the end of June, with utilities already having inked contracts for those who opt not to sign up with new suppliers, and which will provide competing suppliers a price to beat.

Significant retail increases are expected when price caps end, based on estimates by the Maryland Public Service Commission (PSC). Each of the four electric power utilities serving the state, including Baltimore Gas and Electric Co., is experiencing higher costs for natural gas. Businesses that purchase power from BG&E will likely pay 17% to 20% more, although residential customers of BG&E will still be protected by price caps until July, 2006.

Potomac Electric Power Co. commercial customers could find their bills going up by up to 35%, the PSC said. The hope of the PSC is that competitive bidding eventually will result in savings for customers, compared with what might have resulted with traditional regulated service, provided exclusively by utilities.
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