Google Funds Vogtle Uprates for $900M Customer Savings
Georgia Power has filed for PSC approval of a Google-backed deal to fund nuclear uprates at Vogtle and Hatch, aiming to add 96 MW of capacity and deliver $900 million in customer savings. Per POWER Magazine, the arrangement involves Google subscribing to a new tariff for zero-emission credits, mirroring its recent large-scale nuclear investment in Europe.
POWER Magazine reports that the agreement operates through a subscription model where Google purchases zero-emission credits linked to the nuclear upgrades. The publication notes this follows Google's recent $15.1 billion international nuclear power purchase agreement with Fortum in Finland.
Source: POWER MagazineGeorgia Power files a deal for Google to underwrite nuclear upgrades, projecting $900 million in bill relief while adding 96 MW of grid capacity.
Source: WRDW
