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Meta’s Move Into Nuclear Power Plant Ownership, More or Less

Summary by digitalmarketreports.com
Meta announced on Tuesday that it has agreed to purchase all the “clean energy attributes” from Constellation Energy’s Clinton Clean Energy Center, a 1.1-gigawatt nuclear power plant located in central Illinois. This deal will begin in June 2027 and is part of Meta’s long-term climate strategy. Not Direct Power, But Carbon Accounting Although the electricity generated by the plant will continue flowing to the local grid—and won’t directly power …
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(Foreign): Meta, the parent company of Facebook, Instagram and WhatsApp, has signed a major 20-year power purchase agreement (PPA) with Constellation Energy to purchase 1 nuclear power plant.

More and more countries are announcing steps to return to nuclear power or to expand it, including the US and several EU countries. This development, in addition to the geopolitical interests of the respective countries, is also driven by global leaders. Trump's U.S. government recently announced an enormous expansion of nuclear power: By 2050, the amount of electricity generated by nuclear power will be quadrupled from 100 gigawatts to 400 giga…

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Perspektive broke the news in on Saturday, June 7, 2025.
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