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This episode details an agreement between Google and NextEra Energy to restart the Duane Arnold Energy Center, a nuclear power plant in Iowa that was shut down in 2020. This deal includes a 25-year power purchase agreement (PPA) wherein Google will buy the energy generated by the plant to power its expanding cloud and artificial intelligence (AI) infrastructure in the state. This move is part of a broader trend among tech giants seeking carbon-free energy (CFE) sources to meet sustainability goals, such as Google’s objective to operate on CFE 24/7 by 2030. Furthermore, the two companies also agreed to explore the development of new, advanced nuclear generation capacity across the United States. The article, published by ESG Today, also briefly mentions related news concerning other major companies addressing their carbon footprints through investments in renewables and other clean energy technologies.

Disclaimer: This podcast by kavout.com is for informational and educational purposes only and does not constitute investment advice. All opinions are those of the hosts and guests. Please consult a qualified financial advisor before making any investment decisions.

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51 episodes