Google-Fortum nuclear PPA marks shift to baseload-backed data center power in Finland

Google's 507 MW nuclear PPA with Fortum at Loviisa is Finland's first, extending the plant's life past 2030 and signaling a shift from renewable-only contracts to baseload-backed power for data centers. Rystad expects future Finnish offtake to pair wind/solar with battery storage, reflecting a broader trend where tech firms underwrite new power capacity. This changes the economics of Finnish power markets and nuclear plant longevity.