Meta has signed long-term nuclear power deals totaling more than 6 gigawatts to fuel its data centers: "one from a startup, one from a smaller energy company, and one from a larger company that already operates several nuclear reactors in the U.S," reports TechCrunch. From the report: * Oklo and TerraPower, two companies developing small modular reactors (SMR), each signed agreements with Meta to build multiple reactors, while Vistra is selling capacity from its existing power plants. [...] The deals are the result of a request for proposals that Meta issued in December 2024, in…
Meta has signed long-term nuclear power deals totaling more than 6 gigawatts to fuel its data centers: "one from a startup, one from a smaller energy company, and one from a larger company that already operates several nuclear reactors in the U.S," reports TechCrunch. From the report: * Oklo and TerraPower, two companies developing small modular reactors (SMR), each signed agreements with Meta to build multiple reactors, while Vistra is selling capacity from its existing power plants. [...] The deals are the result of a request for proposals that Meta issued in December 2024, in which Meta sought partners that could add between 1 to 4 gigawatts of generating capacity by the early 2030s. Much of the new power will flow through the PJM interconnection, a grid which covers 13 Mid-Atlantic and Midwestern states and has become saturated with data centers.
The 20-year agreement with Vistra will have the most immediate impact on Meta’s energy needs. The tech company will buy a total of 2.1 gigawatts from two existing nuclear power plants, Perry and Davis-Besse in Ohio. As part of the deal, Vistra will also add capacity to those power plants and to its Beaver Valley power plant in Pennsylvania. Together, the upgrades will generate an additional 433 MW and are scheduled to come online in the early 2030s.
Meta is also buying 1.2 gigawatts from young provider Oklo. Under its deal with Meta, Oklo is hoping to start supplying power to the grid as early as 2030. The SMR company went public via SPAC in 2023, and while Oklo has landed a large deal with data center operator Switch, it has struggled to get its reactor design approved by the Nuclear Regulatory Commission. If Oklo can deliver on its timeline, the new reactors would be built in Pike County, Ohio. The startup’s Aurora Powerhouse reactors each produce 75 megawatts of electricity, and it will need to build more than a dozen to fulfill Meta’s order. TerraPower is a startup co-founded by Bill Gates, and it is aiming to start sending electricity to Meta as early as 2032.