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Chronicles

The story behind the story

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Meta signs deals with nuclear power providers Vistra, TerraPower, and Oklo to buy power and support new reactor projects, securing up to 6.6GW of power by 2035

Facebook parent will back nuclear projects with Oklo, Bill Gates-backed TerraPower and Vistra

Wall Street Journal Jennifer Hiller

Discussion

  • @briefing_block_ Kai on x
    @StockSavvyShay Big move, but the meat is the buildout: Meta's Oklo tie-up targets a 1.2-GW SMR campus in Pike County, Ohio with first units aimed for ~2030—still contingent on approvals, so execution risk is the story.
  • @ns123abc Nik on x
    >meta has locked in 7.7GW of nuclear power >going to spend ~$108B capex in 2026 >same level as Google based zucc ain't fucking around [image]
  • @joel_kaplan Joel Kaplan on x
    Our agreements with Vistra, TerraPower, Oklo and Constellation make Meta one of the most significant corporate purchasers of nuclear energy in American history. Nuclear energy will help power our AI future, strengthen our country's energy infrastructure, and provide clean, [video…
  • @oklo @oklo on x
    Oklo × Meta Oklo and @Meta have signed an agreement to advance the development of a nuclear energy campus in Pike County, Ohio, designed to scale up to 1.2 gigawatts. The agreement includes a binding prepayment to support fuel procurement, enabling Oklo to advance early project […
  • @stocksavvyshay Shay Boloor on x
    $OKLO is up over 20% on the $META nuclear partnership headline. This is exactly why I view Oklo as the “local nuclear plant” for the AI economy. [image]
  • @joel_kaplan Joel Kaplan on x
    Thank you @SecretaryWright for joining us as we announced @Meta will unlock up to 6.6 GW of nuclear capacity for the US grid, and to President Trump for his unwavering commitment to American AI leadership & energy dominance. [video]
  • @shanumathew93 Shanu Mathew on x
    Big Meta-Vistra Nuclear deal. Meta ups ambition to nuclear. Important reminder that these are PPAs on the existing capacity. Uprates are new generation. The electricity still goes to the grid so this is about offsetting future energy usage with clean electrons around the clock [i…
  • @terrapower @terrapower on x
    NUCLEAR-POWERED NEWS: Today, we announced an agreement with @Meta to develop up to 4 GW of advanced nuclear power. ⚡ With this agreement, Meta will provide funding to support deploying 8 Natrium® plants, with target delivery as early as 2032. 👏 https://www.prnewswire.com/... [ima…
  • @aniruddh_mohan Aniruddh Mohan on x
    HUGE set of deals announced this morning by Meta for purchasing nuclear power. - 2.6 GW from Vistra including 2.1 GW of existing capacity from 2 plants in Ohio by end 2026. - +433 MW of uprates across the two Ohio plants + PA plant by 2034 ⁃ 1.2 GW from Oklo by 2034 with first [i…
  • @briangitt Brian Gitt on x
    Breaking: Meta and Oklo announce a landmark agreement to develop 1.2 GW of advanced nuclear power in Ohio. Meta will prepay for power, accelerating project certainty and early development. Phase 1 targeted to come online in 2030. Press Release: https://oklo.com/...
  • @dr_keefer Chris Keefer on x
    A profoundly silly move by @Meta choosing a vaporware, pre revenue nuclear startup @oklo for 16 so called “advanced” 75 MWe sodium fast reactors, a rehashed 1960s technology that has never proven itself commercially. This with a comically compressed timeline that outruns [image]
  • @metanewsroom @metanewsroom on x
    Today, we're announcing three landmark nuclear energy agreements that will help add clean, reliable energy to electric grids, support the development of advanced nuclear technology, and strengthen America's energy independence and global AI leadership. https://about.fb.com/...
  • @dekmartrades @dekmartrades on x
    EVERYONE WAKE UP! THIS IS INSANE NEWS! $META is now working with $VST and $OKLO for Nuclear Power! [image]
  • @jimcramer Jim Cramer on x
    So Oklo soars on Meta deal. We have to believe that Oklo technology works better than GEV nukes. I am surprised Mark fell into this trap. I thought he was better than this.
  • @edzitron Ed Zitron on x
    Mark Zuckerberg is a credulous oaf with no real ideas building ideas based on the most distant, vague concept of what the world looks like, why would you ever think he was better than this
  • @jessejenkins Jesse D. Jenkins on x
    In fact, @Amazon tried this same move last year, buying a huge 1.9 GW chunk of power from an existing Talen nuclear plant in PA as well ( https://www.utilitydive.com/ ...), and even @Google, who most often champions new, hourly matched clean electricity, signed up for 670 megawat…
  • @jessejenkins Jesse D. Jenkins on x
    To be frank: PJM customers would be better off if Meta at least contracted bilaterally for new gas power capacity than take 2.1 GW of existing supply off the grid and claim it as theirs! At least then, capacity prices wouldn't rise (though greenhouse gas emissions would—and Im
  • @jessejenkins Jesse D. Jenkins on x
    What may be worse is the precedent this could set: if Meta gets away with this while receiving credulous applause, it'll create a huge incentive for other hyperscalars to hit the same “easy button.” There are nearly 100 gigawatts of existing nuclear operating in the US today.
  • @jessejenkins Jesse D. Jenkins on x
    Buying electricity from an existing reactor can be a great financial hedge for both Meta and Vistra.  Fine for them to do that to reduce uncertainty about future costs or revenues.  But the simple fact that it is a good hedge does NOT add the gigawatts of NEW clean energy needed …
  • @jessejenkins Jesse D. Jenkins on x
    @xiaowang1984 It's always been their “right” under market rules to buy what they want. The rest of us also have the right not to like it—or like paying the higher bills it will result in! And I guess we'll have to see if the hyperscalars care enough about the PR—or if they even g…
  • @jessejenkins Jesse D. Jenkins on x
    The problem: these new reactors wont start producing power until the 2030s (if they do at all, given the still unproven nature of Oklo and TerraPower's new reactors).  Worse, the purchase of 2.1 gigawatts from EXISTING nuclear plants already producing power entirely sidesteps the…
  • @jessejenkins Jesse D. Jenkins on x
    When a huge gigawatt-scale data center connects to the grid, it's like connecting a whole new city, akin to plopping down a Pittsburgh or even Chicago.  If you add massive new demand WITHOUT paying for enough new supply to meet that growth, power prices spike!  It's the simple la…
  • @jessejenkins Jesse D. Jenkins on x
    Surging demand growth projections from data centers is a huge part of why electricity bills in PJM (which includes OH & PA where Meta's nuclear purchases are) have soared over the last two years, driving 20-30% annual increases in power bills across the region.
  • @jessejenkins Jesse D. Jenkins on x
    The only solution to this challenge: data centers must pay directly for enough NEW electricity capacity and energy to meet their round-the-clock needs. And if they want to avoid driving up pollution and greenhouse gas emissions (as @Meta says they do), it has to be new CLEAN
  • @jessejenkins Jesse D. Jenkins on x
    We really cannot normalize hyperscalers buying power from existing nuclear or hydro and calling it good! If we do, they will all stop doing the real, hard work of investing in the new clean supply we need to truly meet their soaring demand without exploding either utility bills
  • @shanumathew93 Shanu Mathew on x
    More detail on the Terrapower and OKLO deals “Meta will get up to 1.2 gigawatts of capacity from reactors that Oklo is planning to build in Ohio, with the first going into service as early as 2030.” “Meta has also agreed to support development of two reactors by TerraPower [image…
  • @leahmcelrath Leah McElrath on bluesky
    What a cursed sentence: [embedded post]
  • @senlummis Senator Cynthia Lummis on x
    This is what U.S. energy dominance looks like in the 21st century. @TerraPower and @Meta are building reliable, baseload power sources to fuel American innovation and meet evolving energy demands across the nation.
  • @mikealfred Mike Alfred on x
    OKLO is up 16% on a deal with Meta that has no power until 2030. How much should gigawatts of power available in 2026 and 2027 be worth right now? Do the math.
  • r/nuclear r on reddit
    Meta signs nuclear energy deals to power Prometheus AI supercluster
  • r/technology r on reddit
    Meta signs deals with three nuclear companies for 6-plus GW of power