Google Has Reached an Agreement with the Largest Nuclear Power Plant Operator in the U.S. on a $1 Billion Deal — Bloomberg
Google already has several agreements with nuclear power producers / Photo: Alban on Unsplash
Google’s parent company, Alphabet, is close to reaching an agreement to purchase nuclear power from Constellation Energy—the largest reactor operator in the U.S.— according to Bloomberg, citing sources. According to the sources, the multi-year contract will be worth $1 billion or more, and an announcement could come as early as this week.
Both companies declined to comment. The agency's sources did not specify the exact capacity or location of the facilities in question.
Context
According to estimates by S&P Global Market Intelligence 451 Research, electricity consumption by data centers in the U.S. will rise to 82.3 gigawatts in 2026—a 28% increase from 2025. This demand for electricity has revived interest in nuclear power, which provides round-the-clock generation without harmful emissions, notes Bloomberg. Most recent deals have involved existing plants, as the design and construction of new reactors can take a decade or more, and the next generation of nuclear fission technology will likely not become widely available for several more years.
Last week, Amazon signed a similar agreement with Constellation. The company agreed to purchase 690 megawatts of capacity, including energy generated as a result of the modernization of the Calvert Cliffs Nuclear Power Plant in Maryland.
Google already has several agreements with nuclear power producers. Last year, the company agreed to purchase electricity from NextEra Energy—a deal that will support the energy company’s plans to restart the Dwayne-Arnold reactor in Iowa, which has been shut down since 2020. Last month, Google also secured new capacity from Southern Co. by financing the modernization of two nuclear power plants.
Microsoft, for its part, agreed back in 2024 to purchase energy from the decommissioned Three Mile Island plant in Pennsylvania. Constellation plans to restart the reactor at that site next year. And in 2025, Meta Platforms signed a 20-year contract with Constellation to purchase approximately 1.1 gigawatts of power from a nuclear power plant in Illinois—marking the company’s largest energy deal to date.
This article was AI-translated and verified by a human editor
