Google and Constellation Energy Seal 3.6-GW Power Deal
Google has struck a massive 3.6-gigawatt power deal with Constellation Energy, marking one of the largest agreements of its kind in the U.S. The contract includes 890 megawatts of nuclear energy, with the remainder coming from other sources. This deal will drive over $4.3 billion in new investments by Constellation, focusing on upgrading nuclear reactors in the Midwest and Mid-Atlantic regions.
The agreement is part of a broader trend where tech giants are securing long-term electricity supplies to power their data centers. Google's 20-year power purchase agreement will see the first upgraded nuclear plants delivering electricity by 2028. The deal also includes a separate agreement for 2,700 megawatts of additional power from Constellation, providing long-term revenue stability for the company's operating plants.
Constellation, the largest U.S. nuclear power plant operator, will upgrade 11 nuclear units in Illinois, Pennsylvania, and New Jersey as part of this arrangement. The deal comes in response to PJM Interconnection's proposal requiring data center customers to either bring their own power or risk being shut off during peak demand.
Amanda Peterson Corio, Google's global head of energy and power, emphasized the company's commitment to responsible growth by investing in clean, reliable power that adds new capacity to the nation's grids.