Google is nearing a nuclear power deal with Constellation Energy worth $1 billion or more, Bloomberg News reported on Monday. If the power comes from existing plants, Google would be buying from the same fleet that already supplies Amazon and Microsoft.
Perspective Coverage
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- Builder
- Builder 18%
- Operator
- Operator 35%
- Investor
- Investor 47%
Reality
- Evidence35
- Adoption40
- Hype gap+15
- Incentives55
- Confidence40
Oracle offers to absorb $300 million of Point Beach nuclear costs for Wisconsin ratepayers
Oracle says it will absorb about $300 million in rising Point Beach nuclear power costs for more than 1 million Wisconsin utility customers. The pledge needs state regulators' approval and would make Oracle a party to the plant's power deal while it builds a data center in Port Washington.
Reality
- Evidence35
- Adoption
- Not scored
- Hype gap+30
- Incentives75
- Confidence40
Amazon signed a 20-year deal for 690 MW from Constellation's Calvert Cliffs nuclear plant, backing a 190 MW uprate due between 2030 and 2032. Most of the contracted power is output the plant already makes, so the deal is mainly a long cost arrangement for Amazon on power that other PJM buyers share.
Reality
- Evidence55
- Adoption40
- Hype gap+25
- Incentives70
- Confidence60
Google Commits 13 Billion Euros to Finnish Electrons
Google's at-least-13-billion-euro Finnish commitment comes with a side deal that keeps a nuclear plant alive past 2030, and it's the generation contract, more than the capex line, that explains why the Nordics are winning this capital.
Reality
- Evidence45
- Adoption35
- Hype gap+28
- Incentives75
- Confidence50
Google buys 22 years of Finnish nuclear output to get four data centres onto the grid
Google will spend 13bn euros on four Finnish sites in 2027 and 2028. To secure the power for them, it has contracted Loviisa's life extension plus 629MW of new wind.
Reality
- Evidence55
- Adoption40
- Hype gap+30
- Incentives75
- Confidence60