Google, Constellation Near $1B Nuclear Power Deal
The 20-year agreement will bring 890 megawatts of new nuclear capacity to the PJM Interconnection grid, with Constellation committing over $4.3 billion to fund the build-out
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Google contracted for 3,590 megawatts of power from Constellation Energy.
Story published. The 20-year agreement will bring 890 megawatts of new nuclear capacity to the PJM Interconnection grid, with Constellation committing over $4.3 billion to fund the build-out
Google and Constellation Energy have announced a 20-year power purchase agreement to bring 890 megawatts of new nuclear capacity onto the PJM Interconnection grid. The deal is part of Google's efforts to increase its use of clean and reliable power for its data centers.
Constellation has committed more than $4.3 billion to fund the build-out of the new nuclear capacity, which will be generated through turbine, steam generator, and digital control system upgrades at 11 Constellation nuclear units in Illinois, Pennsylvania, and New Jersey. The first uprate is expected to be delivered by 2028.
The agreement is expected to sustain roughly 4,400 existing jobs and create approximately 7,200 new construction jobs during the building period. Google has also entered into a separate 15-year energy supply agreement with Constellation covering an additional 2,700 megawatts from Constellation's existing fleet in the PJM market.
The deal includes a five-year technology agreement under which Constellation will deploy Google Cloud and Gemini Enterprise across its operations. Google already holds nuclear power agreements with other producers, including NextEra Energy and Southern Co. Constellation runs more US nuclear reactors than any other company.
## Why it matters The demand for nuclear power is driven by the need for reliable and clean energy to power data centers, which require electricity around the clock. Nuclear plants can supply this energy steadily without carbon emissions, unlike wind and solar. This deal is part of a larger trend of tech companies investing in nuclear power to reduce their carbon footprint and ensure a stable energy supply.
The partnership between Google and Constellation Energy is significant, given the scale of the investment and the potential impact on the energy market. As data centers continue to grow in size and number, the demand for clean and reliable energy is likely to increase, making deals like this one crucial for the future of the tech industry.
