Google Nears Billion-Dollar Nuclear Power Deal with Constellation

Google's parent company, Alphabet, is reportedly nearing a major deal with Constellation Energy to purchase nuclear energy. The agreement, which could be announced as soon as this week, is expected to involve a payment of $1 billion or more over multiple years. Both Google and Constellation have declined to comment on the matter, citing the private nature of the discussions.

The deal highlights the growing demand for reliable, emissions-free power among technology companies, particularly for data centers supporting the boom in artificial intelligence. Nuclear energy is gaining traction as a solution due to its ability to provide consistent, round-the-clock electricity without carbon emissions. Recent agreements have focused on existing nuclear facilities, as new reactors face lengthy permitting and construction timelines.

Amazon recently struck a similar deal with Constellation, agreeing to buy 690MW of power, including capacity from upgrades at the Calvert Cliffs nuclear facility in Maryland. Google has been actively securing nuclear power agreements, including a deal with NextEra Energy in 2025 to support the restart of the Duane Arnold reactor in Iowa. Additionally, the tech giant funded upgrades at two atomic plants operated by Southern in September.

Microsoft has also entered the nuclear energy space, agreeing to buy electricity from the shuttered Three Mile Island nuclear plant in Pennsylvania, which Constellation plans to restart in 2027. The resurgence of nuclear power comes after years of skepticism due to safety risks and cost overruns. However, the technology is now being embraced globally as a means to meet rising electricity demand while reducing emissions.