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lukeschlather an hour ago

Google is buying the output because they are increasing demand by half a nuclear power plant's worth of power. I actually think it's pretty reasonable to pass a law demanding they build an entire nuclear power plant here.

landl0rd an hour ago | parent | next [-]

"The agreement with Fortum provides long-term financial certainty for the Loviisa plant, which currently generates about 10% of Finland's electricity.

Fortum said Google's commitment would support an investment programme aimed at extending the life of the nuclear station and increasing its generating capacity."

Long-term PPAs are what you usually want because they are bankable and give you solid demand on which to expand. Which is literally what they're talking about doing.

zamadatix an hour ago | parent | prev | next [-]

If I build a house and the demand goes up I don't have to build the solar panels (and everything else involved) to cover it, I pay the utility company to build that based on how much I'm needing to use. Well, normally I pay for whatever they think will make them the most money to deliver that much electricity - Google is specifically paying to make sure they see the utility company sees it as increased demand and revenue for more nuclear.

tapland 21 minutes ago | parent [-]

You'd get denied getting connected or expanding your business or adding a car charger, as is reality in parts of Scandinavia, if it was an issue.

nomel an hour ago | parent | prev [-]

I think government regulations to put a cap on utility profits is a better long term move. Force excess to be directed into green energy expansion.

r3trohack3r a minute ago | parent | next [-]

Like… nuclear?

gottorf an hour ago | parent | prev [-]

> government regulations to put a cap on utility profits

I don't know about Finland specifically, but isn't this already the case practically everywhere?