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nuclear technology
TVA Inks First U.S. Utility PPA for Gen IV Nuclear Power in Landmark Three-Way Deal with Google, Kairos
The Tennessee Valley Authority (TVA) has signed a first-of-its-kind power purchase agreement (PPA) with advanced nuclear technology firm Kairos Power to buy power from the company’s planned Hermes 2, a molten salt nuclear reactor in Oak Ridge, Tennessee. The deal makes TVA the first U.S. utility to contract for electricity from a Gen-IV reactor. Under […]
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Trends
Google, I&M Strike Landmark Deal to Share Clean Capacity and Flex AI Load
American Electric Power (AEP) subsidiary Indiana Michigan Power (I&M) has filed a special customer-specific contract with technology giant Google that could create a dual-purpose arrangement to address power capacity constraints in one of the fastest-growing digital infrastructure regions in the U.S. AEP on Aug. 4 announced that the two companies filed a petition to the […]
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Renewables
Google Signs Deal with Brookfield for 3 GW of Hydropower Capacity
Technology giant Google announced the company will buy as much as 3 GW of hydropower generation capacity from Brookfield Renewable, an affiliate of Brookfield Asset Management. The companies on July 15 said the deal is a “hydro framework agreement” that will support Google’s goal of having data centers and other operations run continuously on carbon-free power.
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Nuclear
Google Signs Deal to Buy Fusion Energy from Future Virginia Plant
Tech giant Google has signed a power purchase agreement (PPA) with Commonwealth Fusion Systems (CFS) to buy at least 200 MW of energy from CFS’s planned fusion-based power plant in Chesterfield County, Virginia.
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Nuclear
Google Will Fund Three Nuclear Projects with Elementl Power
A nuclear power project developer said it has a deal with Google, with the technology company agreeing to commit funding for at least three projects that each would have 600 MW of generation capacity. Elementl Power, founded in 2022 and based in Greer, South Carolina, on May 7 said Google would help the company move toward its goal of bringing more than 10 GW of nuclear power capacity online by 2035.
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Renewables
Google, Baseload Capital Have Corporate PPA for Geothermal in Taiwan
Global geothermal energy developer Baseload Capital has joined with technology giant Google on the first corporate power purchase agreement (CPPA) for geothermal in Taiwan.
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Trends
PJM Taps Google and Tapestry to Use AI for Grid Interconnection Planning
PJM, the largest grid operator in North America, has launched a multiyear partnership with tech giant Google and its Alphabet X moonshot Tapestry to streamline PJM’s grid interconnection process using artificial intelligence (AI) tools. The companies said the effort could significantly improve planning and decision-making as grid pressures intensify. Under the initiative, announced on April […]
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Trends
A Business-Like Approach to Power Generation
The decentralization of electricity production and delivery is evident in the commercial and industrial (C&I) sector, as businesses move to produce their own power to ensure a reliable and resilient supply
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Data Centers
Bill Gates’ TerraPower Has Deal to Use Nuclear Power for Data Centers
TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy advanced nuclear reactors to power existing and future facilities. TerraPower on Jan. 21 said it will work with Sabey Data Centers (SDC) on “a strategic […]
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Renewables
Google Signs PPAs for Energy From Oklahoma Solar Projects
Google has entered into long-term power purchase agreements (PPAs) with Texas-based Leeward Renewable Energy (LRE) to support more than 700 MW of solar power projects in Oklahoma. Google on Jan. 16 said, “the projects are strategically located to support our data center operations,” noting that one installation is “located less than one mile from our […]