Google Enters into Major Power Purchase Agreement with Constellation Energy
Google has signed a long-term power purchase agreement to acquire 3,590 megawatts of electricity from Constellation Energy over the next two decades. The deal includes upgrading nuclear reactors in Illinois, Pennsylvania, and New Jersey within the PJM Interconnection grid. About one-quarter of this supply will come from new nuclear energy capacity, with initial deliveries expected by 2028. The agreement involves more than $4.3 billion in investment by Constellation to expand its existing nuclear facilities. Google also secured an additional 2,700 megawatts of power not tied to a specific generation source, providing long-term revenue stability for the company's operations. This move aligns with major tech firms' efforts to secure reliable energy supplies as they scale data center infrastructure across the U.S. The deal is partly in response to PJM Interconnection’s proposal requiring large consumers like Google to bring their own power during peak demand periods, ensuring grid stability and reliability.
Topics: Constellation Energy data centers Google nuclear energy power purchase agreements