GOOGL · News · 20260921N
Nuclear Power Capacity Agreements
Alphabet Inc. · 2026-09-21 · Importance 34 · Surprise 42 · In source text
Google signed an agreement with Georgia Power to upgrade the Vogtle and Hatch nuclear plants, potentially adding 96 megawatts of capacity, subject to regulatory approval. The arrangement is associated with approximately $900 million in customer benefits and includes Google subscribing to a new tariff and receiving Zero-Emission Credits. Separately, Kairos Power selected Samsung C&T to help build a 50-megawatt demonstration reactor targeted for completion by 2030 for Google’s power needs.
Key facts
- Georgia Power, a unit of Southern Company, has signed an agreement with Google to upgrade two nuclear plants, potentially adding 96 megawatts of electricity capacity. source
- The upgrades with Georgia Power are pending regulatory approval and would provide about $900 million in benefits to customers while helping large clients achieve clean-energy goals. source
- Georgia Power and Google have announced a $900 million deal for nuclear power plant uprates aiming to add approximately 96 megawatts to Georgia’s electric grid, and Google will subscribe to a new tariff, receiving Zero-Emission Credits for the carbon-free nuclear energy generated. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | probable | -0.4% | Georgia Power and Google have announced a $900 million deal for nuclear power plant uprates aiming to add approximately 96 megawatts to… |