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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 Reaches Settlement Related to CA Energy Crisis

LCG, Apr. 27, 2004--Dynegy Inc. has agreed to a settlement with California and federal authorities, such that its West Coast Power LLC trading unit, which it owns with NRG Energy, will forego payment of $259 million for previous power sales, while it will pay an additional $22.5 million for distribution to power buyers.

The Federal Energy Regulatory Commission and California Public Utilities Commission reached the settlement, which was related to charges that it withheld power from the market on occasions during the period from January 2000 to June 2001.

Under the settlement, the cancellation of outstanding bills for power purchases will be divided among the major California utilities and the California Department of Water Resources. Pacific Gas and Electric Co. will be recognized in the amount of $82.3 million, Southern California Edison with $34.4 million, and San Diego Gas & Electric in the amount of $16.5 million.
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