Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Google plans to revive a decommissioned nuclear power facility

Google plans to revive a decommissioned nuclear power facility

Bitget-RWA2025/10/29 19:33
By:Bitget-RWA

This week, Google revealed it is collaborating with NextEra Energy to bring back into operation a nuclear facility in Iowa that had been shut down since 2020.

Over the past year, NextEra has been searching for a collaborator to restart the reactor, and has now teamed up with Google, which continues to expand its use of carbon-free energy to support its expanding network of data centers.

Details regarding the financial arrangements between the two companies have not been made public.

The Duane Arnold Energy Center was closed after a severe summer storm, known as a derecho, damaged part of the secondary containment system, which is essential for preventing radioactive gas leaks.

Originally, the plant was built to produce 601 megawatts of power. If the refurbishment proceeds as intended, the upgraded reactor will be able to deliver an extra 14 megawatts.

NextEra aims to have the plant operational again by 2029, with Google committing to purchase most of the electricity generated for the next 25 years. The remaining output will be sold to the Central Iowa Power Cooperative under similar conditions. This cooperative currently owns a 20% share in the Duane Arnold facility, but NextEra has stated it has deals in place to acquire the interests of both the co-op and the other minority stakeholder.

Interest in nuclear energy has surged as technology firms and data center operators seek alternative power sources to meet the rising demand for electricity after years of stagnation.

The Iowa facility is not the first reactor to be revived. Last year, Microsoft announced a partnership with Constellation Energy to restart a reactor at Three Mile Island, which ceased operations in 2019. Constellation estimates the project will require $1.6 billion, and if successful, the 835-megawatt reactor is expected to be operational by 2028.

Reactivating existing reactors is seen as a faster route to increasing nuclear capacity on the grid, potentially saving years compared to constructing new plants. However, these projects still require several years to complete, putting them in direct competition with new natural gas facilities, which also have lengthy development timelines.

Meanwhile, companies such as Google are also investing in solar energy and battery storage, which can be set up within months, significantly speeding up the process of powering new data centers.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

OpenAI's $1 Trillion Public Offering: Powering the Future of Artificial Intelligence

- OpenAI plans a 2027 IPO targeting a $1 trillion valuation, potentially the largest public market debut in history. - The for-profit restructuring and Microsoft's support aim to secure $60+ billion for AI infrastructure and chip development. - The IPO's success depends on market conditions, regulatory approvals, and competition from rivals like Google and Anthropic. - A $1 trillion valuation would rival major tech giants, highlighting generative AI's growing global market influence.

Bitget-RWA2025/10/30 00:16
OpenAI's $1 Trillion Public Offering: Powering the Future of Artificial Intelligence

Ethereum Updates Today: Whale With Perfect Track Record: The Oracle Navigating $273M Amid Crypto Turbulence

- The "100% Win Rate Whale" boosted BTC/ETH longs to $273M, signaling renewed crypto market confidence amid U.S.-China trade optimism. - Its strategic accumulation post-Trump tariffs and rare earth deal highlights influence as smaller traders mirror its moves. - Dynamic capital reallocation across BTC, ETH, and SOL underscores growing institutional demand for yield-bearing assets. - Despite $4.23M unrealized losses, the whale's 100% win rate reignites debates about market psychology amid FOMC uncertainty.

Bitget-RWA2025/10/30 00:16
Ethereum Updates Today: Whale With Perfect Track Record: The Oracle Navigating $273M Amid Crypto Turbulence

Blockworks Closes Newsroom Amid Industry Move Toward Data-Focused Approaches

- Blockworks is closing its newsroom and expanding data sales as a core revenue stream, projecting over $30M annual revenue. - The shift reflects industry trends toward data-driven models, with firms like Baker Hughes and COLABS investing in tech-enabled energy and workspace solutions. - Tech companies such as Brookfield and Iridium are capitalizing on AI infrastructure and satellite services to meet surging demand for scalable, secure solutions. - Equinix's Q3 growth in interconnection revenue highlights

Bitget-RWA2025/10/30 00:16
Blockworks Closes Newsroom Amid Industry Move Toward Data-Focused Approaches

Solana News Update: China's Cryptocurrency Ban Leads to Solana Event Shutdown, Worldwide ETFs Experience Growth

- A Shenzhen Solana event was canceled due to overcrowding and police investigation, reflecting China's strict crypto regulations. - U.S. and Hong Kong see rising institutional interest in Solana via ETFs, contrasting China's enforcement against blockchain activities. - SOL price rose 7% amid ETF launches and staking demand, though technical indicators warn of potential bearish pressure. - Solana's focus on tech innovation aims to navigate China's regulatory landscape while expanding in crypto-friendly mar

Bitget-RWA2025/10/30 00:16
Solana News Update: China's Cryptocurrency Ban Leads to Solana Event Shutdown, Worldwide ETFs Experience Growth