Topic: power purchase

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  • Commonwealth Fusion Lands $1B+ Deal for Future Reactor
    September 23, 2025
    95%

    Commonwealth Fusion Lands $1B+ Deal for Future Reactor

    Commonwealth Fusion Systems has signed a power purchase agreement worth over $1 billion with Eni for electricity from its first commercial fusion reactor, Arc, planned for Virginia in the early 2030s. The company's smaller prototype reactor, Sparc, is 65% complete and on track for activation in 2...

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  • Google Revives Shuttered Nuclear Power Plant
    November 2, 2025
    82%

    Google Revives Shuttered Nuclear Power Plant

    Google has partnered with NextEra Energy to recommission the Duane Arnold nuclear plant in Iowa, aiming to provide carbon-free electricity for its data centers after the facility closed in 2020 due to storm damage. The tech giant will purchase the majority of the plant's power under a 25-year agr...

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tech industry (1) electricity generation (1) Risk Management (1) energy demand (1) technology challenges (1) data centers (1) supply chain (1) financial terms (1)