Meta buys a nuclear power plant (more or less) | TechCrunch
Briefly

Meta has signed a multi-billion-dollar deal to purchase clean energy attributes from the Clinton Clean Energy Center, a nuclear power plant in Illinois, ensuring operation through 2047. Although the plant's electricity won't directly power Meta's data centers, the deal contributes to Meta's carbon accounting, minimizing its climate impact. This collaboration addresses the financial stability of the plant, which faced closure risks due to competition from cheaper energy sources. Tech companies are increasingly investing in nuclear to bolster energy supply for expanding cloud services and AI demands.
Meta's investment in the Clinton Clean Energy Center is seen as a move to lower its climate impact despite not directly powering its data centers.
The agreement, which will span until 2047, helps Constellation secure a customer and relicense the plant amid competition from cheaper energy sources.
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