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Finland's Loviisa Nuclear Power Plant Signs 22-Year Power Purchase Agreement with Google

On September 9, 2026, Google announced that it will invest at least 13 billion euros in Finland over the next two years for artificial intelligence infrastructure construction. The investment includes building and expanding data centers in Finland, along with supporting energy projects. Among them, Google signed a 22-year power purchase agreement with Finnish energy company Fortum to purchase up to 50% of the electricity generated by the Loviisa Nuclear Power Plant. Google President and Chief Investment Officer Ruth Porat stated that this arrangement is Google's first nuclear energy deal outside the United States. Google said this investment is its largest single investment in Europe, and the related infrastructure will support services including Gemini, Search, Maps, and YouTube. Lovi...

2026-09-10

Iowa Research Promotes Nuclear Energy Industry Development

The Iowa Nuclear Energy Task Force released a report stating that, leveraging experience in deploying new energy technologies, a strong manufacturing base, workforce conditions, and the Duane Arnold nuclear power plant restart plan, Iowa is well-positioned to play a greater role in the growing nuclear energy industry. NextEra Energy has agreed to restart the Duane Arnold nuclear power plant, primarily to supply power to Google. Image courtesy of NextEra Energy. The task force was established by Iowa's governor in January of this year with the mission of assessing opportunities for advancing nuclear energy technology and infrastructure in the state. The report recommends that Iowa conduct a statewide nuclear energy feasibility study, identify areas suitable for new nuclear project development, and establish a one-stop coordination window to facilitate nuclear project advancement.

2026-09-08