Meta Deals Need $14 Billion in New Reactors, BloombergNEF Says

Next-generation nuclear companies Oklo Inc. and TerraPower LLC will need to invest more than $14 billion in new reactors to support Meta Platforms Inc. data centers, according to estimates from BloombergNEF.

That spending would deliver about 690 megawatts of fission capacity from TerraPower and 1.2 gigawatts from Oklo over the next decade, projects included in the hyperscaler’s sweeping set of nuclear deals announced last week. Neither Oklo nor TerraPower currently has regulatory approval to build a commercial system, and they’ve yet to prove they’re able produce power at a commercial scale.

An Oklo Aurora powerhouse in Pike County, Ohio.

Source: Oklo

The price tag underscores the technology industry’s growing ...