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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

Energy Secretary to Reduce Project Risks for New Nuclear Plants

LCG, May 18, 2005--Energy Secretary Samuel Bodman outlined plans yesterday designed to reduce nuclear project risks and increase the likelihood that new nuclear plants are constructed and operating by the year 2014. The last application for a new reactor was submitted in 1973.

One element of the Energy Department plan is to create a $3 billion insurance pool that would protect investors with respect to interest, operating, maintenance and construction costs caused by regulatory delays. The insurance would apply to each of the first two plants built using the new Westinghouse design and the new General Electric design. Companies would be asked to pay an insurance premium of about 10 percent of their total coverage, possibly over a period of years. Insurance premiums would be waived for utilities that place firm orders for new nuclear power plants before 2009.

The idea of building new nuclear plants is rapidly gaining momentum for a variety of reasons. First, fossil fuel costs for both coal and natural gas-fired plants are at near record highs. Second, nuclear power generates no carbon emissions, which may be a significant cost advantage if legislation leads to carbon emission fees. Finally, the electric generating capacity surplus in many parts of the nation reduces the urgency to add capacity to meet reserve requirements and provides a longer lead time to plan and construct a complex, large new nuclear stations with lengthy regulatory reviews.

One organization acting to further the development and construction of new nuclear power plants is a consortium, NuStart Energy Development, formed in 2004. NuStart includes Exelon, Entergy, Southern Company, Constellation, Duke Energy, the Tennessee Valley Authority, Florida Power & Light, Progress Energy, EDF International, and the two reactor vendors, GE and Westinghouse Electric. The NuStart consortium is considering the Westinghouse Advanced Passive Pressurized Water Reactor and the General Electric Economic Simplified Boiling Water Reactor. NuStart is currently reviewing alternative sites and plans to apply for two licenses at specific sites with specific designs by the end of the year.

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