Renewable energy company Ormat Technologies has signed a long-term geothermal power purchase agreement (PPA) with NV Energy to support Google’s operations in Nevada.
The agreement covers 150 megawatts of new geothermal capacity and will enable Ormat to develop a series of projects across Nevada, scheduled to come online between 2028 and 2030.
Geothermal energy has drawn increased interest as a carbon-free power source that can provide continuous generation, unlike wind and solar, which are subject to intermittency. The sector has seen growing demand from large technology companies seeking reliable electricity for energy-intensive data centres.
Ormat said the agreement establishes a framework through which utilities and major customers such as Google can secure long-term, dispatchable renewable power.
U.S. electricity consumption is projected to rise this year and next, according to the Energy Information Administration’s Short-Term Energy Outlook, driven in part by the expansion of AI and cryptocurrency data centres and increasing electrification of heating and transport.
Technology companies have increasingly turned to geothermal producers to meet rising electricity demand linked to artificial intelligence expansion.
“By adding up to 150MW of new clean-firm geothermal capacity in Nevada, we are utilizing a repeatable framework that fully covers all costs associated with our electric service,” said Briana Kobor, Head of Energy Market Innovation at Google.
