Tax Dollars and Terawatts
In addition to keeping the plant humming until 2047, Constellation plans a 30-megawatt power boost through nuclear uprates, adding an estimated $13.5 million in annual tax revenue to the local economy.
But the ambitions don’t end there. The company is exploring whether to extend the plant’s existing early site permit or pursue a new construction permit from the Nuclear Regulatory Commission—laying groundwork for advanced nuclear or small modular reactors at the same site.
Meta Bets on Nuclear to Power AI’s Demands
Meta, which has already made major strides in renewable investments, called the Clinton deal a “landmark agreement.” The tech behemoth is increasingly eyeing nuclear power as the backbone of its long-term energy strategy.
“Securing clean, reliable energy is necessary to continue advancing our AI ambitions,” said Urvi Parekh, Meta’s head of global energy. “This is a model for how we scale both sustainability and innovation.”
Meta was represented in negotiations by Jeremy Weinstein of the Law Offices of Jeremy Weinstein. Legal counsel for Constellation was not immediately disclosed.
