Meta reacts to power needs by signing long-term nuke deals

Meta is writing more checks for nuclear investment, even though the new capacity tied to those deals is unlikely to come online until around 2030. The company says it will need the new power to run its hyperscale datacenters.

Facebook's parent company says it has inked agreements with three outfits - TerraPower and Oklo are developing new reactor technology or building fresh sites, while Vistra is supporting existing nuclear plants. All three will deliver electricity into the grid rather than straight to Meta's own facilities.

Meta claims that this work is part of ongoing efforts with electric utility companies and power providers to "plan for and meet our energy needs years in advance of our data centers becoming operational."

Just over a year ago, the social media giant estimated that it would need one to four gigawatts of nuclear power in the future, on top of the energy it ...