Google, Constellation near deal for nuclear power, Bloomberg News reports
The agreement will add 890 megawatts of nuclear capacity and 7,200 construction jobs, Constellation said.
- On Tuesday, Constellation Energy and Google announced a $4.3 billion investment to upgrade 11 nuclear plants in Illinois, Pennsylvania, and New Jersey, securing power for the tech giant over a 20-year period.
- Technology firms are increasingly embracing nuclear energy as a reliable power source to support rapid expansion of artificial intelligence data centers, driving this clean energy collaboration.
- Adding 890 megawatts of nuclear capacity, the initiative strengthens the PJM Interconnection grid serving 67 million people while creating approximately 7,200 new construction jobs and sustaining existing employment.
- Constellation Energy stock surged 12% on Tuesday as the agreement boosted investor sentiment for nuclear-heavy generators Vistra and Talen Energy, which also saw shares rise on sector optimism.
- The companies also established an "AI for energy" blueprint, which Constellation President and CEO Joe Dominguez described as a model for industry collaboration with technology partners like Microsoft and Meta.
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108 Articles
Google Vows To Cover Full Cost Of Boosting Three States’ Nuclear Plants To Power Its AI Growth
Google will pay to upgrade 11 nuclear reactors in three states, adding as much power as a new large reactor as data center demand climbs.
Google vows to cover full cost of boosting three states’ nuclear plants to power its AI growth - The Daily Bo Snerdley
Google will pay to upgrade 11 nuclear reactors across three states — adding as much power as a new large reactor — as data center demand climbs. The 20-year agreement with Constellation Energy, announced Tuesday, will add 890 megawatts at reactors in Illinois, Pennsylvania and New Jersey, with the first upgrade expected by 2028, the companies said. A Google spokesperson told the Daily Caller News Foundation the company will pay the full cost of …
Capitol Fa - Your Illinois News Radar » Roundup: Constellation, Google announce plan to boost Illinois nuclear capacityCapitolFax.com
* Crain’s… Google is bankrolling a $4.3 billion upgrade of Constellation nuclear facilities across the PJM grid, roughly half of it in Illinois. As part of a deal announced today, Constellation will add 450 megawatts of electricity generation capacity at its Braidwood, Byron, LaSalle and Quad Cities nuclear plants through $2 billion in facility upgrades. […] Under the [...]
Google signs a 20-year agreement to modernize six nuclear power plants and power its AI data centers with clean, steady energy.
Google Deal Backs 890 MW of Constellation Nuclear Uprates at 11 PJM Reactors
Hyperscaler Google and Constellation Energy, the largest nuclear operator in the U.S., have signed a 20-year power purchase agreement (PPA) designed to support $4.3 billion of upgrades at 11 nuclear units across the PJM Interconnection, which is slated to add 890 MW of generating capacity from Constellation’s existing reactors by the end of 2032. The […]
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