Investors - SEPTEMBER 15, 2022

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Microsoft and TerraPraxis to repurpose more than 2,400 coal-fired power plants via digital solutions

by Kali Persall

Microsoft and TerraPraxis, a nonprofit focused on actionable solutions for climate and prosperity, have partnered on a project that will repurpose more than 2,400 coal-fired power plants worldwide to run on carbon-free energy.

TerraPraxis will deploy a set of tools to automate the design and regulatory approval needed to decarbonize coal facilities with nuclear power, helping transition one of the world's largest sources of carbon to zero emissions. To do this, TerraPraxis intends to develop a software application with Microsoft that will analyze the existing coal fleet to determine the best avenue to retrofit the plants, saving coal plant owners time and money while giving their assets and the communities around them a new lease on life for decades to come.

“We are thrilled to see Microsoft enable the Repowering Coal Initiative and help deliver a fast, low-cost and repeatable strategy to repower hundreds of coal plants that would otherwise continue to produce large

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