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Meta signs major nuclear energy deals to power AI data centers.
Summary
Meta has agreed to multiple nuclear power arrangements with TerraPower, Oklo and Vistra to supply electricity for its AI data centers, including near-term purchases from Vistra starting later this year and funding for new reactors targeted for 2030–2032.
Content
Meta announced a set of nuclear power agreements intended to supply electricity for its growing AI data centers across the United States. The Wall Street Journal reports the deals involve partnerships with reactor developers TerraPower and Oklo and a power-purchase agreement with Vistra for three operating nuclear plants. Meta has set delivery targets that aim to bring the first new reactors online in 2030 and 2032. Company officials and industry participants say the moves respond to sharply higher electricity demand from AI computing and wider constraints on grid capacity.
Key details:
- Meta signed agreements with TerraPower and Oklo to fund development of new reactors and with Vistra to buy electricity from three operating nuclear plants.
- The Vistra electricity purchases are scheduled to begin later this year, and the articles say financial terms were not disclosed.
- Under the TerraPower deal Meta will provide funding to accelerate two reactors capable of generating up to 690 megawatts by 2032, with potential expansion to six additional units by 2035.
- The Oklo partnership involves advance payments to launch a nuclear campus on a 206-acre site in Pike County, Ohio, and the project could expand to roughly 1,200 megawatts of capacity.
- Meta’s director of global energy, Urvi Parekh, said meeting the timelines will require rapid site approvals, acceptable regulator findings, utility grid connections and manufacturing efforts.
- The article notes Meta previously agreed to a 20-year power arrangement with Constellation and that other technology companies have pursued nuclear deals, including Amazon, Microsoft and Google.
Summary:
The agreements are intended to secure additional baseload electricity for Meta’s AI operations and reflect growing interest in nuclear power within the technology sector. Near-term electricity from Vistra is set to begin later this year, while the new-reactor projects aim for first units in 2030–2032 but face regulatory, siting and grid-connection hurdles.
