London, October 15, 2024, (Oilandgaspress) ––– Kairos Power and Google have signed a Master Plant Development Agreement, creating a path to deploy a U.S. fleet of advanced nuclear power projects totaling 500 MW by 2035.
Under the agreement, Kairos Power will develop, construct, and operate a series of advanced reactor plants and sell energy, ancillary services, and environmental attributes to Google under Power Purchase Agreements (PPAs). Plants will be sited in relevant service territories to supply clean electricity to Google data centers, with the first deployment by 2030 to support Google’s 24/7 carbon-free energy and net zero goals.
The innovative, multi-plant agreement will support technology development by extending Kairos Power’s iterative demonstration strategy through its first commercial deployments. Building on progress from the early iterations, each new plant will enable continued learning and optimization to support accelerated commercialization. Along the way, milestone-based accountability baked into the agreement will establish confidence in Kairos Power’s ability to deliver throughout the long-term partnership.
Google’s deep commitment to decarbonization makes them a leader in clean energy development. Since 2010, the company has signed more than 115 agreements totaling over 14 GW of clean energy generation capacity. The additional generation that will be developed under this multi-plant agreement with Kairos Power will complement Google’s existing use of variable renewables, like solar and wind, and help them reach their ambitious 24/7 carbon-free energy and net zero goals.
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