GOOGLE, KAIROS POWER PLAN ADVANCED NUCLEAR PLANT FOR TENNESSEE VALLEY AUTHORITY GRID BY 2030

Summary from the TLDR newsletter

Google and Kairos Power plan to deploy an advanced nuclear power plant connected to the Tennessee Valley Authority's (TVA) electric grid by 2030. The TVA has agreed to purchase up to 50 megawatts of power from the reactor. Kairos' Hermes 2 reactor will help power Google's data centers in Montgomery County, Tennessee, and Jackson County, Alabama. Kairos and Google will bear the financial risk associated with building the project, while the TVA will provide the revenue stream the plant needs to operate through the power purchase agreement.