Takeaways

• Meta Platforms has signed an agreement with TerraPower to support the buildout of up to eight advanced nuclear reactors in the U.S.
• The reactors will use TerraPower’s Natrium technology, delivering up to 2.4 GW of carbon-free power to meet rising energy demand from AI-driven data centres.
• The deal marks Meta’s largest commitment to advanced nuclear energy as it works towards its 2030 net-zero goals.

Meta has announced a new agreement with TerraPower to support the deployment of up to eight advanced nuclear reactors in the United States, strengthening the tech giant’s push for reliable, carbon-free electricity to power its expanding operations.

Under the agreement, TerraPower will deploy its Natrium nuclear technology, which combines a sodium fast reactor with a molten salt energy storage system. Together, the reactors could provide as much as 2.4 gigawatts (GW) of clean energy, helping Meta meet its growing electricity needs while advancing its long-term sustainability targets.

Founded in 2008 by Bill Gates, Nathan Myhrvold, and John Gilleland, TerraPower focuses on developing safer and more affordable nuclear technologies. Gates currently serves as chair of the company’s board. TerraPower’s Natrium system is designed to work alongside renewable energy by storing excess power and releasing it during periods of high demand or when wind and solar output fall.

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Each Natrium plant provides a steady baseload of 345 megawatts (MW). Thanks to its integrated storage system, output can be increased to 500 MW for more than five hours, offering flexibility that is typically difficult for traditional nuclear plants to achieve.

TerraPower has already begun construction on its first commercial-scale advanced nuclear project in the U.S., with completion expected around 2030. As part of the new deal, Meta will fund the early development of two Natrium units and secure energy rights for up to six additional reactors. Delivery of the latter units is expected to begin as early as 2032.

Chris Levesque, President and CEO of TerraPower, said the agreement is critical to meeting future electricity needs. He noted that gigawatts of advanced nuclear power will be required in the 2030s to address rising demand while maintaining a reliable and carbon-free grid.

The announcement fits into Meta’s broader strategy to manage the rapid increase in power consumption driven by artificial intelligence and data centre expansion. While the company has maintained net-zero emissions across its operations since 2020, it has acknowledged that achieving net-zero across its entire value chain by 2030 will be more challenging due to growing energy and resource demands.

In late 2024, Meta issued a request for proposals seeking between 1 GW and 4 GW of new nuclear capacity in the U.S., with delivery planned for the early 2030s. The company has also joined peers such as Amazon and Google in pledging support for tripling global nuclear energy capacity by 2050.

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Urvi Parekh, Meta’s Director of Global Energy, said the TerraPower agreement represents a major step forward in securing scalable, clean, and reliable power for both Meta’s operations and the communities they serve.

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Source: ESGtoday