Fintechs.fi

Fintech & Crypto News

Google Partners with Kairos Power to Advance Nuclear Power for Data Centres

Google and Kairos Power have entered a historic agreement to develop 500 megawatts of nuclear energy by 2035, providing clean energy for Google’s data centres. This initiative, using small modular reactors (SMRs), is part of Google’s strategy to meet the rising energy demands of its AI and cloud computing operations while striving for 24/7 carbon-free energy.

The Role of Small Modular Reactors

Kairos Power will build multiple advanced nuclear plants under this agreement, focusing on safety, scalability, and cost-efficiency. Mike Laufer, CEO of Kairos Power, emphasised that the partnership would accelerate the commercialisation of advanced reactors, addressing both technical challenges and market viability. SMRs offer a flexible and environmentally friendly solution to Google’s energy needs, complementing their current reliance on renewable sources such as wind and solar.

Paving the Way for U.S. Decarbonisation

The multi-plant agreement reflects a significant step forward for nuclear energy’s role in the U.S. clean energy transition. Google’s leadership in committing to this advanced technology demonstrates the tech giant’s focus on reducing its carbon footprint, aiming to power its data centres and achieve net-zero emissions by 2030. Jeffrey Olson, Vice President, Business Development and Finance at Kairos Power, noted that the deal provides critical momentum for nuclear energy commercialisation, helping decarbonise power grids and ensuring communities access reliable, clean energy.

New Pathways for Advanced Nuclear Technology

The agreement is also a first-of-its-kind corporate purchase of nuclear energy from multiple SMRs. This is essential for meeting the increasing power demands of AI technologies, which require clean, round-the-clock energy. Google also highlighted the local economic benefits, as nuclear projects generate high-paying, long-term jobs. According to the U.S. Department of Energy, advanced nuclear energy could create hundreds of thousands of jobs by 2050.

In addition, Kairos Power’s innovative molten salt cooling system provides a cost-efficient and inherently safe design, making nuclear power more accessible. The technology will help reduce construction timelines and increase deployment flexibility, advancing reactor deployment in the U.S.

Conclusion

This partnership underscores Google’s commitment to pioneering sustainable energy solutions through innovative technologies like SMRs. As tech companies face growing energy demands, nuclear energy presents a viable pathway for achieving both operational sustainability and broader decarbonisation goals.