US Regulator Approves $1.9 Billion Loan To Spin Up Iowa's Dead Nuclear Reactor For Google
The project will create 'thousands' of direct and indirect jobs
NextEra Energy
NextEra Energy has secured a $1.9 billion loan from the US Department of Energy (DOE) to restart its Duane Arnold Energy Center, a 615-megawatt nuclear facility in Linn County, Iowa. Power from the plant will be purchased by Google for its AI data centers but also strengthen local grid reliability and create "thousands of direct and indirect jobs," NextEra said last year.
With the rise of AI, Google and other data center companies have been scrambling to find energy to power them. Google made a pledge to offset its power usage with green and renewable energy sources and achieved that goal in 2018. However, the company recently partnered with a natural gas power plant to provide energy for one of its data centers in Texas. Other data centers run by Tesla, Metaand others have also...
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