Google signs 22-year deal for half a Finnish nuclear plant's output in €13B AI push
Servola-Journal · reddit · 2026-09-10
Google signed a 22-year power deal with Fortum for up to half the output of Finland's Loviisa two-reactor plant, part of a €13B AI infrastructure investment. The twist: despite licenses through 2050, Fortum's CEO said the reactors couldn't run past 2030 without €1B in life-extension work — this contract keeps that generation online. The author also questions grid-side effects: steelmakers never got to bid for power now locked to a single buyer until 2049.
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