Meta just signed multiple deals, making it the biggest purchaser of nuclear power among its AI tech giants. According to Bloomberg, these contracts are expected to deliver over 6 gigawatts to the company, which it will need for its upcoming data centers. At the moment, the company is building the 1GW “Prometheus” data center in Ohio, which will come online this year, while the larger 5GW “Hyperion”, located in Louisiana, is expected to begin operation by 2028. This means that Meta will need at least 6GW of upcoming infrastructure, which will be a challenge to source given that the electric grid cannot scale as fast as data centers.
The power that Meta acquired will come from three different providers — Vistra Corp. with its existing nuclear plants and a couple of startups: OpenAI-backed Oklo, Inc., and TerraPower LLC, which is supported by Bill Gates and Nvidia. Vistra will deliver 2,176MW of power to Meta from its Perry and Davis-Besse nuclear plants in Ohio, with a further increase of 433MW across the two sites and the Beaver Valley plant in Pennsylvania. On the other hand, both Oklo and TerraPower are still working on their small modular reactor prototypes, which we don’t expect to be deployed until the 2030s.
