The U-S Department of Energy is giving NextEra Energy a loan of up to one-point-nine billion dollars to help them restart the Duane Arnold Energy Center in Palo. Deputy Secretary of Energy James Danly visited rural Linn County Tuesday to announce the loan.
Most of the power produced by Duane Arnold will be bought by Google Energy. Google is eyeing nearby land for a data center, but enough will be used annually will serve roughly 300-thousand nearby homes. Danly says there are other local benefits as well.
The plant is scheduled to come online by 2029, pending regulatory approval.
