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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

Austin Energy Poised to Commit to 300-MW Wind Project

LCG, February 25, 2014--Austin Energy announced late last week that it will purchase the power generated from a 300-MW wind farm to be built in Texas by Lincoln Renewable Energy. The wind farm project is approximately 50 miles southwest of Amarillo, Texas and will include 160 wind turbines. The City Council is scheduled to vote on the PPA during its meeting on February 27.

The new, 300-MW power purchase agreement (PPA) replaces a 170-MW wind PPA with E.ON Climate & Renewables, which declined to proceed due to tax and financing issues after winning an Request for Proposals (RFP) issued by Austin Energy. The new PPA with Lincoln Renewable Energy includes a shorter, 18-year term and a lower price (by about $2/MWh) than the 25-year PPA with E.On Climate & Renewables.

The Lincoln wind farm commenced construction in November 2013 and is eligible for the federal production tax credit (PTC) for wind, as the PTC is currently available only to projects that either (i) started construction or (ii) can show sufficient financial commitment by the end of 2013.

Increasing the PPA capacity from 170 MW to 300 MW will also better support Austin Energy's goal of achieving 35 percent renewable generation resources by 2020.
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