Google LLC

10/14/2024 | Press release | Distributed by Public on 10/14/2024 13:31

New nuclear clean energy agreement with Kairos Power

Since pioneering the first corporate purchase agreements for renewable electricity over a decade ago, Google has played a pivotal role in accelerating clean energy solutions, including the next generation of advanced clean technologies. Today, we're building on these efforts by signing the world's first corporate agreement to purchase nuclear energy from multiple small modular reactors (SMRs) to be developed by Kairos Power. The initial phase of work is intended to bring Kairos Power's first SMR online quickly and safely by 2030, followed by additional reactor deployments through 2035. Overall, this deal will enable up to 500 MW of new 24/7 carbon-free power to U.S. electricity grids and help more communities benefit from clean and affordable nuclear power.

This agreement is important for two reasons:

  • The grid needs new electricity sources to support AI technologies that are powering major scientific advances, improving services for businesses and customers, and driving national competitiveness and economic growth. This agreement helps accelerate a new technology to meet energy needs cleanly and reliably, and unlock the full potential of AI for everyone.
  • Nuclear solutions offer a clean, round-the-clock power source that can help us reliably meet electricity demands with carbon-free energy every hour of every day. Advancing these power sources in close partnership with supportive local communities will rapidly drive the decarbonization of electricity grids around the world.

This agreement is part of our efforts to develop and commercialize a broad portfolio of advanced clean electricity technologies to power our global data centers and offices. This approach will complement our use of variable renewables, like solar and wind, and help us reach our ambitious 24/7 carbon-free energy and net-zero goals.

The next generation of advanced nuclear reactors offers a new pathway to accelerate nuclear deployment thanks to their simplified design and robust, inherent safety. The smaller size and modular design can reduce construction timelines, allow deployment in more places, and make the final project delivery more predictable.

Investing in advanced nuclear technology can also provide direct economic benefits to communities across the U.S. Nuclear power has the highest economic impact of any power generation source, according to the U.S. Department of Energy (DOE), and creates high-paying, long-term jobs. The agency estimates reaching 200 GW of advanced nuclear capacity in the U.S. by 2050 will require an additional 375,000 workers.