On Tuesday, Meta, the founder of Facebook, announced a new partnership with nuclear energy company Constellation Energy. With this venture, Meta becomes the latest tech company to turn to nuclear power in an effort to find a clean energy solution to the growing demand.
“Today, building on our efforts to support next-generation and advanced energy technologies, including geothermal and nuclear, we are announcing a 20-year corporate nuclear energy agreement with Constellation Energy for the Clinton Clean Energy Center.”, the company stated in a press release.
The agreement will effectively start from June 2027. As part of the deal, Meta will support the relicensing of Constellation’s nuclear facility in Clinton, USA, for another two decades. There will be a 30-megawatt upgrade in power output. The continuation of the power plant’s operations will preserve 1,100 local jobs and about $13.5 million in tax revenue.
See Related: Google Announces “World’s First” Deal To Purchase Nuclear Energy To Power Its AI Ambitions
In return, Meta is expected to receive 1,121 megawatts of clean energy from the power plants. This will support Meta’s operations in the region for the next two decades.
Speaking on this new endeavor for his company, Joe Dominguez, president and CEO, of Constellation, said, “We are proud to partner with Meta because they asked that important question, and even better, they figured out that supporting the relicensing and expansion of existing plants is just as impactful as finding new sources of energy”.
The rise of AI technology has drastically increased the power demands in the tech industry. This has led many companies to search for alternative sources of energy, with nuclear power being considered the best option. Google, Microsoft, and Amazon have partnered with the nuclear energy industry for a sustainable solution. Meta is the latest entry in an ever-growing trend.
