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Nuclear power has long been on the decline, its share of the world’s electricity generation halving from 18% in the mid-1990s to 9% today. Now there are signs of a revival.
C onstellation Energy stock skyrocketed by roughly 11% to 345.84 per share at the time of publication, following the signing of a 20-year nuclear power purchase agreement (PPA) with Meta.
New data centers are launching faster than power plants in a state already facing electricity shortages and higher prices.
Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook’s parent company. The investment with Meta will ...
On June 3, 2025, Constellation and Meta announced a 20-year virtual power purchase agreement (the “PPA”) for the output from the nuclear reactor at Constellation’s Clinton Clean Energy Center.