Topic
Long-term contracts in which a buyer commits to purchase electricity from a generator at agreed terms, often used to finance new power plants.
Constellation plans to spend more than $4.3 billion to add nearly 1 GW at 11 reactors, MIT Technology Review reported. Per kilowatt that costs more than new solar with storage or gas, and Google and Meta signed long-term purchase deals.
Reality
AEP plans to invest about $4 billion in a 702 MW Bloom fuel cell plant near Cheyenne, Wyoming, under a 20-year power purchase agreement with Google. The sum equals about 5% of the $78 billion AEP plans to invest from 2026 through 2030.
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Base Electron, the power company Applied Digital formed, confidentially filed for a U.S. IPO on October 9 around a planned 1.2-gigawatt North Dakota gas plant. The draft registration is not public, so investors cannot yet see the plant's revenue, margins or financing.
Reality
Finland's licensing agency halted work at Google's Muhos and Kajaani data center sites on October 6, a month after Google pledged at least 13 billion euros. Google had cleared forest there before environmental assessments were finished, so the delay so far comes from its own sequencing and lands before the 2027 spending window opens.
Reality
Google contracted 3,590 megawatts from Constellation Energy, of which 890 megawatts is new nuclear capacity backed by more than $4.3 billion of uprates. That new slice is built to fit PJM's proposal that data centers bring their own power or face cutoffs at peak.
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New Zealand's National Party wants new AI data centres to bring their own firmed generation as their share of national power use heads for 3% by 2030. How strictly it defines firmed supply decides whether developers pay a contract price or the cost of new plant.
Reality
A pre-revenue Permian Basin developer signed a twenty-year contract for gas-fired electricity covering about a seventh of the campus it intends to build, and the market repriced the whole company on it.
Reality
Public miners have announced $70 billion to $100 billion of AI and HPC contracts. Spread across 12-to-15-year terms that is roughly $6 billion a year, and 550 of about 4,000 contracted megawatts are earning it today.
Reality
The vPPA European data center operators sign to hit renewable targets covers about 14 percent of their load hours in Renewabl's ten-year model and removes about 40 percent of their price risk. The first EU labels land in 2027.
Reality
A New Era Energy subsidiary has contracted a minimum of 200 megawatts from a Vistra retail affiliate for two decades, covering Phase 1 of the Texas Critical Data Center only.
Reality
Korean farmland rules made operators pull solar equipment out after eight years, against hardware rated past 30. A law promulgated in June lifted the ceiling to 23 years, and the two companies signed an MOU on the 17th.
Reality
The pre-seed startup pays for solar and batteries on homes it does not own, then sells the peak output to utilities and data centre buyers. CEO Ameet Konkar says the first power purchase agreement is in late-stage negotiation.
Reality
Hyundai Motor Group's money closed inside a $1 billion raise at Commonwealth Fusion Systems, and the engineering work on ARC power stations is still described as something the two companies will explore. The amount and the scope were not disclosed.
Reality
Fervo's Cape Station geocluster in Beaver County, Utah is meant to begin operating in 2028, and Google holds an option to raise its offtake toward a gigawatt by June 2030. No price has been published.
Reality