Meta Joins Tech Giants in Nuclear Power Race

Meta (Nasdaq: META) announced on Tuesday its plans to explore nuclear power options, joining other tech giants in the pursuit of sustainable energy solutions for growing data center demands. The company is soliciting proposals from nuclear power developers to add between 1 and 4 gigawatts of new nuclear generation capacity in the United States, with operations expected to begin in the early 2030s.

The company is open to both conventional large-scale nuclear reactors and emerging small modular reactor technologies. Meta is specifically seeking developers with strong expertise in community engagement, development, and permitting processes.

Microsoft (Nasdaq: MSFT) and Constellation Energy previously announced plans to restart a unit at the Three Mile Island plant in Pennsylvania, marking the first-ever nuclear reactor restart specifically for data center operations. Amazon (Nasdaq: AMZN) has also entered the nuclear power sphere through its acquisition of a nuclear-powered data center from Talen Energy.

However, the implementation of these nuclear power initiatives faces several challenges, including regulatory hurdles from the US Nuclear Regulatory Commission, potential uranium supply constraints, and possible community opposition. 


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Why Industrial Demand Is Changing the Silver Market | David Morgan

Recommended

Antimony Resources Drills 8.48% Sb Over 3 Metres, 2.07% Sb Over 27 Metres At Bald Hill

Steadright To Acquire 75% Interest In Moroccan Copper-Lead-Silver Project

Related News

Meta’s Threads API Goes Live

Meta (Nasdaq: META) has announced the much-anticipated launch of its Threads API, allowing developers to...

Wednesday, June 19, 2024, 04:27:00 PM

Virtual Reality Check: Leaked Memos Say Employees Don’t ‘Love’ Meta’s Metaverse App Enough To Use It

Horizon Worlds, the VR social network carrying the banner (or burden) of being Meta Platforms’...

Tuesday, October 11, 2022, 08:21:14 AM

The Netherlands to Expand Offshore Gas Extraction and Nuclear Energy

The incoming Dutch government has announced plans to reduce the country’s dependence on “unreliable countries”...

Friday, May 17, 2024, 11:33:00 AM

Czech Republic to Boost Nuclear Power to 68%, Phase Out Coal in Energy Overhaul

The Czech Republic has submitted an updated national energy plan to the European Commission that...

Thursday, January 9, 2025, 12:59:00 PM

Data Center Boom Could Revive Dormant Iowa Nuclear Plant

Rising energy demands from the technology sector could breathe new life into Iowa’s dormant Duane...

Friday, October 25, 2024, 09:49:43 AM