> Our agreement with TerraPower will provide funding that supports the development of two new Natrium® units capable of generating up to 690 MW of firm power with delivery as early as 2032.

> Our partnership with Oklo helps advance the development of entirely new nuclear energy in Pike County, Ohio. This advanced nuclear technology campus — which may come online as early as 2030 — is poised to add up to 1.2 GW of clean baseload power directly into the PJM market and support our operations in the region.

It seems like they are definitely building a new plant in Ohio. I'm not sure exactly what is happening with TerraPower but it seems like an expansion rather than "purchasing power from existing nuke plants".

Perhaps I'm misreading it though.

Well in a way they are building their own generation by paying elevated prices for nuclear to keep it running, as most nuclear will be shutting off pretty soon due to cheaper alternatives.

Electricity generation is getting cheaper all the time, transmission and generation are staying the same or getting more expensive. Nuclear plants get more expensive the more of them we build, but for already paid-off nuclear reactors there's a sweet spot of cheap operations and no capital costs before maintenance climbs on the very old reactors.

Meta paying for all that very expensive maintenance is not a bad deal for others, unless market structure is such that the price for entire market is set by this high marginal generation from uneconomic aged plants.

It's a purchase commitment, which enables the generators to secure loans to build out additional capacity.

Thank you for stating things so plainly, it's sorely needed on this site. The idea that success for big tech means a better society for workers or citizens is laughable and should soundly be rejected. They need to be broken apart yesterday.