Tag: nuclear power

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.

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