{"id":34559,"date":"2026-09-10T09:00:00","date_gmt":"2026-09-10T07:00:00","guid":{"rendered":"https:\/\/www.digital-chiefs.de\/?p=34559"},"modified":"2026-10-01T18:39:16","modified_gmt":"2026-10-01T16:39:16","slug":"google-secures-22-years-of-nuclear-power-for-data-centers","status":"publish","type":"post","link":"https:\/\/www.digital-chiefs.de\/en\/google-secures-22-years-of-nuclear-power-for-data-centers\/","title":{"rendered":"Google Secures 22 Years of Nuclear Power for Data Centers"},"content":{"rendered":"<p style=\"display:inline-block;background:#d65663;color:#fff;padding:4px 14px;border-radius:20px;font-size:0.85em;margin-bottom:18px;\">4 Min. Read Time<\/p>\n<p><strong>Fortum and Google signed a 22-year power agreement on September 9, 2026. Starting in 2028, Google will source electricity from the Loviisa nuclear power plant and use it for its Finnish data centers. The revenue will help Fortum fund operations until 2050, as \u20ac700 million of its investment program remains undecided.<\/strong><\/p>\n<div style=\"background:#f6f1e6;border-left:4px solid #d65663;border-radius:0 8px 8px 0;padding:22px 26px;margin:28px 0 34px;\">\n<p style=\"margin:0 0 14px 0;font-size:0.76em;font-weight:700;text-transform:uppercase;letter-spacing:0.16em;color:#c0414e;\">Key Takeaways<\/p>\n<ul style=\"margin:0;padding-left:22px;color:#23303f;line-height:1.6;\">\n<li style=\"margin-bottom:12px;\"><strong style=\"color:#0d1b2a;\">Fortum plans to keep Loviisa operational until 2050 with Google as its buyer.<\/strong> Without the investment program extending its lifespan, the facility would no longer be economically viable after 2030.<\/li>\n<li style=\"margin-bottom:12px;\"><strong style=\"color:#0d1b2a;\">Google will invest at least \u20ac13 billion in Finland by 2027 and 2028.<\/strong> Beyond its existing Hamina location, the company has named Kajaani, Muhos, and Vaala as potential sites.<\/li>\n<li style=\"margin-bottom:12px;\"><strong style=\"color:#0d1b2a;\">Google will take up to half of Loviisa\u2019s capacity between 2030 and 2049.<\/strong> Initial deliveries begin in 2028 with smaller volumes.<\/li>\n<li style=\"margin-bottom:12px;\"><strong style=\"color:#0d1b2a;\">Fortum still needs to approve \u20ac700 million.<\/strong> The total investment program for Loviisa\u2019s extended operation amounts to roughly \u20ac1 billion by 2050. Revenue from the Google deal will help secure the remaining approvals.<\/li>\n<\/ul>\n<\/div>\n<p><strong>What is Google\u2019s power purchase agreement at Loviisa?<\/strong> Starting in 2028, Fortum will supply Google with electricity from Finland\u2019s Loviisa nuclear plant under a 22-year contract. Google will take up to half the plant\u2019s capacity from 2030 to 2049. While ownership remains with Fortum, Google secures long-term power for its data centers.<\/p>\n<p style=\"font-size:0.88em;color:#666;margin:20px 0 32px 0;border-top:1px solid #e5e5e5;border-bottom:1px solid #e5e5e5;padding:10px 0;\"><span style=\"color:#0a1e3d;font-weight:700;text-transform:uppercase;font-size:0.72em;letter-spacing:0.14em;margin-right:14px;\">Related<\/span>SLB Acquires Kelvion: \u20ac3.5 Billion for AI Cooling&nbsp;&nbsp;<span style=\"color:#ccc;\">\/<\/span>&nbsp;&nbsp;Nvidia Locks in Lease: \u20ac30 Billion in Compute for Anthropic<\/p>\n<p>Fortum\u2019s CEO Markus Rauramo and Aris Karcanias, Google\u2019s head of energy for Europe, the Middle East, and Africa, announced the power deal on September 9, 2026, in a <a href=\"https:\/\/www.fortum.com\/media\/2026\/09\/inside-information-fortum-and-google-partner-drive-sustainable-growth-finland-sign-nuclear-power-purchase-agreement\">Fortum press release<\/a>. Fortum needs a long-term buyer to sustain operations, while Google requires reliable power-even during Finland\u2019s harsh winters. Loviisa is located just 55 kilometers from Google\u2019s existing Hamina data center.<\/p>\n<h2 style=\"margin-top:32px;margin-bottom:16px;\">Loviisa Powers 10% of Finland\u2019s Electricity<\/h2>\n<p>According to Fortum, Loviisa supplies around 10% of Finland\u2019s electricity, employing roughly 580 staff. The company states that without the investment program extending its operational life, the plant would become uneconomical after 2030.<\/p>\n<p>The original operating licenses for the two reactors expire in 2027 and 2030. While Finland has already granted Fortum a new permit until the end of 2050, the financial viability of the investments remained the key question.<\/p>\n<p>Karcanias notes that the agreement secures a critical energy source for the grid, reducing risks if significant power outages occur in southern Finland.<\/p>\n<h2 style=\"margin-top:32px;margin-bottom:16px;\">Google commits \u20ac13 billion to four Finnish locations<\/h2>\n<p>Google has pledged \u20ac13 billion for digital infrastructure, clean energy, and partnerships in Finland, covering the years 2027 and 2028. The tech giant calls this its largest single investment in Europe.<\/p>\n<p>A data center has operated in Hamina for 15 years, repurposed from an old paper mill. Google has also named Kajaani, Muhos, and Vaala as additional sites for its Finnish infrastructure.<\/p>\n<p>During the construction phase at these locations, Google estimates over 37,000 jobs and an annual contribution of \u20ac3.6 billion to Finland\u2019s GDP.<\/p>\n<h2 style=\"margin-top:32px;margin-bottom:16px;\">Up to half of Loviisa\u2019s capacity, \u20ac700 million pending<\/h2>\n<p>The power contract begins in 2028 below the later peak capacity. From 2030 to 2049, Google plans to consume up to half of Loviisa\u2019s capacity-only then will Fortum achieve the return it expects from the aging plant.<\/p>\n<p>Fortum values its investment program for extending Loviisa\u2019s operational life at around \u20ac1 billion by 2050. Subject to approval, the company still has \u20ac700 million in planned expenditures and roughly 80 percent of individual projects pending. Fortum intends to finance these decisions with revenues from the Google contract.<\/p>\n<p>The agreement also enables a 10-megawatt capacity increase, which Fortum attributes to Google\u2019s business.<\/p>\n<p>Additionally, a modernization effort of about 38 megawatts is already underway, with Fortum targeting completion in 2028.<\/p>\n<h2 style=\"margin-top:32px;margin-bottom:16px;\">629 MW of new wind power and a battery in Kajaani<\/h2>\n<p>Google is purchasing electricity from two additional onshore wind projects operated by Valorem and Suomen Hy\u00f6tytuuli. This brings Google\u2019s contracted new wind power capacity in Finland to 629 megawatts. A 94-megawatt battery system will also be installed near the new data center in Kajaani, scheduled for late 2027.<\/p>\n<p>Fortum will manage the battery\u2019s deployment in the energy market. The two companies have also signed a memorandum of understanding on new nuclear power, additional renewables, flexibility solutions, and the use of Fortum\u2019s sites for potential future data centers. Whether this leads to new reactors in Loviisa remains undecided-no construction decision has been made.<\/p>\n<p>Rauramo states the contract meets Fortum\u2019s long-term profitability requirements and makes the aging plant\u2019s business more predictable. Google justifies the continued operation by guaranteeing secure power for households, businesses, and industry. <a href=\"https:\/\/www.theregister.com\/on-prem\/2026\/09\/09\/google-takes-the-nuclear-option-for-13b-finland-expansion\/5295306\">The Register<\/a> calls it Google\u2019s first long-term nuclear power offtake agreement in Europe. However, the \u20ac700 million pending funds and any reactor construction without a formal decision remain open questions.<\/p>\n<div data-element=\"comparison_table\" style=\"overflow-x:auto;-webkit-overflow-scrolling:touch;margin:16px 0 32px 0;\">\n<table style=\"width:100%;min-width:560px;border-collapse:collapse;font-size:0.95em;color:#23303f;\">\n<thead>\n<tr>\n<th style=\"padding:12px 16px;text-align:left;background:#f6f1e6;color:#0d1b2a;-webkit-text-fill-color:#0d1b2a;font-weight:600;font-size:11px;letter-spacing:0.8px;text-transform:uppercase;border-bottom:2px solid #d65663;\">Item<\/th>\n<th style=\"padding:12px 16px;text-align:left;background:#f6f1e6;color:#0d1b2a;-webkit-text-fill-color:#0d1b2a;font-weight:600;font-size:11px;letter-spacing:0.8px;text-transform:uppercase;border-bottom:2px solid #d65663;\">Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding:10px 16px;border-bottom:1px solid rgba(13,27,42,0.15);color:#23303f;\">Power contract duration<\/td>\n<td style=\"padding:10px 16px;border-bottom:1px solid rgba(13,27,42,0.15);color:#23303f;\">22 years, starting 2028<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:10px 16px;border-bottom:1px solid rgba(13,27,42,0.15);color:#23303f;\">Google\u2019s share of Loviisa<\/td>\n<td style=\"padding:10px 16px;border-bottom:1px solid rgba(13,27,42,0.15);color:#23303f;\">up to 50 percent from 2030 to 2049<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:10px 16px;border-bottom:1px solid rgba(13,27,42,0.15);color:#23303f;\">Google\u2019s Finland investment<\/td>\n<td style=\"padding:10px 16px;border-bottom:1px solid rgba(13,27,42,0.15);color:#23303f;\">\u20ac13 billion for 2027 and 2028<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:10px 16px;color:#23303f;\">Fortum\u2019s Loviisa program<\/td>\n<td style=\"padding:10px 16px;color:#23303f;\">around \u20ac1 billion, with \u20ac700 million pending<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin:12px 0 0 0;font-size:0.88em;color:#5a6573;\">Data based on Fortum\u2019s Ad-hoc announcement from September 9, 2026, and Google\u2019s blog post from the same day.<\/p>\n<\/div>\n<h2 style=\"padding-top:64px;margin-bottom:20px;\">Frequently Asked Questions<\/h2>\n<details style=\"background:#f9f9f9;padding:16px 20px;margin:12px 0;border-radius:4px;\">\n<summary style=\"font-weight:700;cursor:pointer;color:#1a1a2e;\">What has Google announced in Finland?<\/summary>\n<p style=\"margin:12px 0 0 0;\">Google is committing \u20ac13 billion over the years 2027 and 2028. The funds will go toward data centers, energy, and partnerships in Hamina, Kajaani, Muhos, and Vaala. Google calls this its largest single investment in Europe.<\/p>\n<\/details>\n<details style=\"background:#f9f9f9;padding:16px 20px;margin:12px 0;border-radius:4px;\">\n<summary style=\"font-weight:700;cursor:pointer;color:#1a1a2e;\">What does the power agreement mean for Loviisa?<\/summary>\n<p style=\"margin:12px 0 0 0;\">Fortum will sell Google electricity from its nuclear power plant, starting in 2028. From 2030 to 2049, Google can purchase up to half of the plant\u2019s capacity. According to Fortum, Loviisa would not remain economically viable after 2030 without this extended operation program.<\/p>\n<\/details>\n<details style=\"background:#f9f9f9;padding:16px 20px;margin:12px 0;border-radius:4px;\">\n<summary style=\"font-weight:700;cursor:pointer;color:#1a1a2e;\">Will Google own the power plant afterward?<\/summary>\n<p style=\"margin:12px 0 0 0;\">No. A long-term power purchase agreement buys kilowatt-hours over the years. The plant remains under Fortum\u2019s ownership-Google simply purchases the electricity.<\/p>\n<\/details>\n<details style=\"background:#f9f9f9;padding:16px 20px;margin:12px 0;border-radius:4px;\">\n<summary style=\"font-weight:700;cursor:pointer;color:#1a1a2e;\">Are Fortum\u2019s investments finalized?<\/summary>\n<p style=\"margin:12px 0 0 0;\">Not yet. Of the roughly \u20ac1 billion, Fortum says \u20ac700 million remains conditional, covering about 80% of individual projects. The company plans to fund these decisions with revenue from the Google contract.<\/p>\n<\/details>\n<details style=\"background:#f9f9f9;padding:16px 20px;margin:12px 0;border-radius:4px;\">\n<summary style=\"font-weight:700;cursor:pointer;color:#1a1a2e;\">What else is included besides the nuclear plant?<\/summary>\n<p style=\"margin:12px 0 0 0;\">Google will also buy power from two additional Finnish wind projects, increasing contracted new wind capacity in the country to 629 megawatts. This includes a 94-megawatt battery in Kajaani. Fortum and Google are also exploring new nuclear energy and additional sites, though no construction decision for new reactors has been made.<\/p>\n<\/details>\n<p style=\"margin:0 0 12px 0;font-size:0.78em;font-weight:700;text-transform:uppercase;letter-spacing:0.18em;color:#666;\">More from the MBF Media Network<\/p>\n<div style=\"display:flex;gap:14px;align-items:center;padding:10px 16px 10px 14px;border-left:3px solid #075e85;background:#fafafa;margin-bottom:6px;border-radius:0 6px 6px 0;\"><img decoding=\"async\" src=\"https:\/\/www.cloudmagazin.com\/wp-content\/uploads\/2026\/09\/aws-und-azure-oeffnen-den-privaten-pfad-cover-hero-250x140.jpg\" alt=\"AWS removes private preview path to Azure again\" width=\"92\" height=\"62\" loading=\"lazy\" style=\"flex:0 0 92px;width:92px;height:62px;object-fit:cover;border-radius:6px;display:block;\" \/><\/p>\n<div style=\"min-width:0;flex:1 1 auto;\">\n<div style=\"font-size:0.7em;font-weight:700;color:#075e85;text-transform:uppercase;letter-spacing:0.12em;margin-bottom:4px;\">cloudmagazin<\/div>\n<p><a href=\"https:\/\/www.cloudmagazin.com\/2026\/09\/07\/aws-und-azure-oeffnen-den-privaten-pfad\/\" style=\"font-weight:600;line-height:1.4;color:#1a1a1a;text-decoration:none;\">AWS removes private preview path to Azure again<\/a><\/div>\n<\/div>\n<div style=\"display:flex;gap:14px;align-items:center;padding:10px 16px 10px 14px;border-left:3px solid #202528;background:#fafafa;margin-bottom:6px;border-radius:0 6px 6px 0;\"><img decoding=\"async\" src=\"https:\/\/mybusinessfuture.com\/wp-content\/uploads\/2026\/09\/ifo-abhaengigkeit-erkannt-gegenwehr-bleibt-absicht-cover-hero-760x428.jpg\" alt=\"After Anthropic Outage: Half of All Companies Lack a Backup Plan\" width=\"92\" height=\"62\" loading=\"lazy\" style=\"flex:0 0 92px;width:92px;height:62px;object-fit:cover;border-radius:6px;display:block;\" \/><\/p>\n<div style=\"min-width:0;flex:1 1 auto;\">\n<div style=\"font-size:0.7em;font-weight:700;color:#202528;text-transform:uppercase;letter-spacing:0.12em;margin-bottom:4px;\">mybusinessfuture<\/div>\n<p><a href=\"https:\/\/mybusinessfuture.com\/ifo-abhaengigkeit-erkannt-gegenwehr-bleibt-absicht\/\" style=\"font-weight:600;line-height:1.4;color:#1a1a1a;text-decoration:none;\">After Anthropic Outage: Half of All Companies Lack a Backup Plan<\/a><\/div>\n<\/div>\n<div style=\"display:flex;gap:14px;align-items:center;padding:10px 16px 10px 14px;border-left:3px solid #69d8ed;background:#fafafa;margin-bottom:6px;border-radius:0 6px 6px 0;\"><img decoding=\"async\" src=\"https:\/\/www.securitytoday.de\/wp-content\/uploads\/2026\/08\/gitea-8393-ungepatchte-ips-trotz-juli-fix-cover-hero-250x143.jpg\" alt=\"Foreign Commands Possible on 8,393 Gitea Servers\" width=\"92\" height=\"62\" loading=\"lazy\" style=\"flex:0 0 92px;width:92px;height:62px;object-fit:cover;border-radius:6px;display:block;\" \/><\/p>\n<div style=\"min-width:0;flex:1 1 auto;\">\n<div style=\"font-size:0.7em;font-weight:700;color:#00707f;text-transform:uppercase;letter-spacing:0.12em;margin-bottom:4px;\">securitytoday<\/div>\n<p><a href=\"https:\/\/www.securitytoday.de\/2026\/09\/07\/gitea-8393-ungepatchte-ips-trotz-juli-fix\/\" style=\"font-weight:600;line-height:1.4;color:#1a1a1a;text-decoration:none;\">Foreign Commands Possible on 8,393 Gitea Servers<\/a><\/div>\n<\/div>\n<p style=\"text-align:right;color:#868e96;font-size:0.75em;margin-top:40px;\"><em>Image source: AI-generated (September 2026)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fortum considers Loviisa uneconomical without a buyer after 2030, with **700 million euros** of its operational extension program still awaiting approval.<\/p>\n","protected":false},"author":115,"featured_media":34555,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"Google Loviisa","_yoast_wpseo_title":"Google Secures 22 Years of Nuclear Power for Data Centers","_yoast_wpseo_metadesc":"**\"Secure your energy future! Finland\u2019s Loviisa nuclear plant extends power supply to 2050 - act now before 2028 cuts begin!\"** (149 chars)","_yoast_wpseo_opengraph-image":"https:\/\/www.digital-chiefs.de\/wp-content\/uploads\/2026\/09\/google-bindet-loviisa-an-neue-rechenzentren-cover-hero-1.jpg","_yoast_wpseo_opengraph-image-id":0,"_yoast_wpseo_twitter-image":"https:\/\/www.digital-chiefs.de\/wp-content\/uploads\/2026\/09\/google-bindet-loviisa-an-neue-rechenzentren-cover-hero-1.jpg","_yoast_wpseo_twitter-image-id":0,"featured_post_sortierung":0,"featured_post":0,"pre_headline":"","bildquelle":"","teasertext":"","language":"de","_evm_slot_owner":"","_evm_translation_lang":"","_wp_old_slug":[],"footnotes":""},"categories":[12],"tags":[],"class_list":["post-34559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-itk-infrastruktur","entry"],"wpml_language":"en","wpml_translation_of":34442,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Google Secures 22 Years of Nuclear Power for Data Centers<\/title>\n<meta name=\"description\" content=\"**&quot;Secure your energy future! 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