PWC News
Wednesday, May 6, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Meta Signs Deal with Bill Gates’ TerraPower to Build up to 8 Advanced Nuclear Reactors in U.S. – ESG Today

Home ESG Business
Share on FacebookShare on Twitter


Nuclear expertise firm TerraPower and Fb, Instagram, and WhatsApp proprietor Meta introduced a brand new settlement to construct as much as 8 superior nuclear reactors using TerraPower’s “Natrium” expertise, supporting Meta’s rising power wants and sustainability targets with a brand new supply of as a lot as 2.4 GW of carbon-free power.

Launched in 2008 by Invoice Gates, Nathan Myhrvold and John Gilleland, TerraPower is a nuclear innovation firm aimed toward creating applied sciences to supply secure, inexpensive and considerable carbon-free power. Invoice Gates presently serves as Chair of TerraPower’s board.

The corporate’s Natrium system is designed to combine right into a grid with excessive ranges of variable-output renewables, by combining a 345 MW sodium quick reactor with a molten salt power storage system that may retain giant quantities of power that can be utilized to energy the grid at peak demand when climate or darkness cut back renewable output.

Whereas offering a baseload of 345 MW, every vegetation’ built-in storage system can increase power supply to as much as 500 MW for over 5 hours.

TerraPower lately started building on the primary commercial-scale, superior nuclear mission within the U.S., which is predicted to be full in 2030.

Beneath the brand new settlement, Meta will present funding to help the deployment of the Natrium vegetation, starting with help for the early growth of two new Natrium models, and Meta may even obtain rights for power for as much as six extra models. Supply of the extra models is anticipated for as early as 2032.

Chris Levesque, TerraPower President and CEO, mentioned:

“To efficiently handle rising power demand, we should deploy gigawatts of superior nuclear power within the 2030s. This settlement with Meta is designed to help the fast deployment of our Natrium expertise that gives the dependable, versatile, and carbon-free energy our nation wants.”

The announcement is the most recent in a sequence of strikes by Meta to show to nuclear energy to deal with the necessity for a fast enhance in electrical energy manufacturing to accommodate the expansion in AI-driven information middle capability and energy consumption, whereas defending its targets to cut back the emissions influence of its operations.

Meta has set targets to achieve net-zero emissions throughout its worth chain by 2030, and to proceed to match 100% of the electrical energy utilized in its information facilities and workplaces with renewable power. Within the firm’s 2024 Sustainability Report, Meta mentioned that whereas it has maintained internet zero in its operations since 2020, its 2030 internet zero worth chain purpose can be considerably more durable to attain, including that “the problem of reaching our sustainability targets given the elevated demand for power and sources pushed by AI shouldn’t be distinctive to Meta.”

In late 2024, the corporate introduced the launch of a request for proposals (RFPs) for nuclear power builders within the U.S. to supply new nuclear capability, focusing on the addition of between 1-to-4 gigawatts (GW) of recent nuclear technology, with supply to start within the early 2030s. Early final 12 months, Meta, alongside firms together with its tech large friends Amazon and Google signed a pledge to help the purpose to triple international nuclear power capability by 2050.

The brand new settlement with TerraPower marks Meta’s largest help of superior nuclear applied sciences to this point.

Urvi Parekh, Director of International Vitality at Meta, mentioned:

“Meta is dedicated to supporting revolutionary power options that may ship dependable, scalable, and clear energy for our operations and the communities we serve. This settlement with TerraPower – the results of Meta’s nuclear RFP course of, which recognized main builders of nuclear power to assist us advance our power targets – marks a major step ahead in advancing next-generation nuclear expertise.”



Source link

Tags: AdvancedbillbuilddealESGGatesMetanuclearreactorsSignsTerraPowerTodayU.S
Previous Post

Reliance Industries Loses $15-Billion Market Cap In Bruising Start To 2026

Next Post

Is AI In Sales A Sustainable Competitive Advantage Or Just Table Stakes?

Related Posts

Persefoni Launches Agentic AI to Help Companies Analyze Carbon Footprint – ESG Today
ESG Business

Persefoni Launches Agentic AI to Help Companies Analyze Carbon Footprint – ESG Today

May 5, 2026
ADB Launches Financing Initiative to Scale Critical Minerals Supply Chains in Asia – ESG Today
ESG Business

ADB Launches Financing Initiative to Scale Critical Minerals Supply Chains in Asia – ESG Today

May 4, 2026
France Unveils Roadmap to Quit Fossil Fuels by 2050 – ESG Today
ESG Business

France Unveils Roadmap to Quit Fossil Fuels by 2050 – ESG Today

May 1, 2026
CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition – ESG Today
ESG Business

CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition – ESG Today

May 3, 2026
AQUIVIO – JStories
ESG Business

AQUIVIO – JStories

May 2, 2026
Octopus Invests 0 Million in U.S. Reforestation-Based Carbon Removal Projects – ESG Today
ESG Business

Octopus Invests $500 Million in U.S. Reforestation-Based Carbon Removal Projects – ESG Today

April 30, 2026
Next Post
Is AI In Sales A Sustainable Competitive Advantage Or Just Table Stakes?

Is AI In Sales A Sustainable Competitive Advantage Or Just Table Stakes?

Week Ahead: Markets Watch US Earnings, CPI, Retail Sales, China Trade and UK GDP | Investing.com

Week Ahead: Markets Watch US Earnings, CPI, Retail Sales, China Trade and UK GDP | Investing.com

ACORE Statement on Meta’s Nuclear Energy Announcement Today

ACORE Statement on Meta’s Nuclear Energy Announcement Today

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Iran labels UAE ‘Israeli proxy,’ warns of military action in Gulf region
Cryptocurrency

Iran labels UAE ‘Israeli proxy,’ warns of military action in Gulf region

by PWC
May 6, 2026
0

## Market Snapshot Iran’s labeling of the UAE as an “Israeli proxy” has heightened tensions within the Gulf area. Markets...

Raymond James downgrades Roblox stock rating on engagement pressures By Investing.com

Raymond James downgrades Roblox stock rating on engagement pressures By Investing.com

May 1, 2026
UK manufacturing at four-year high but costs rise at pandemic pace

UK manufacturing at four-year high but costs rise at pandemic pace

May 3, 2026
Asia finance leaders say they are ready to act to stem volatility risks

Asia finance leaders say they are ready to act to stem volatility risks

May 3, 2026
CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition – ESG Today

CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition – ESG Today

May 3, 2026
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth | Fortune

Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth | Fortune

April 29, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.