Google and Amazon announced agreements with Constellation Energy within one week of each other to support approximately 1,080MW of additional nuclear generating capacity from Constellation's existing reactor fleet. Under its October 6 agreement, Google committed to a 20-year power purchase agreement supporting 890MW of new capacity backed by more than $4.3 billion in upgrades across 11 reactor units in Illinois, Pennsylvania, and New Jersey, with first deliveries expected in 2028. Amazon's September 30 agreement covers 190MW of new generation at Maryland's Calvert Cliffs station. Together the two arrangements underpin more than $7 billion in planned infrastructure investment, and Meta has separately committed to support uprates at plants in Ohio, Pennsylvania, and Illinois.
The Nuclear Regulatory Commission anticipates 31 uprate applications through 2032, representing approximately 2,421MW of potential additional capacity, and hyperscaler financing is now a primary mechanism for bringing that capacity forward without constructing new reactors. Most of the largest upgrades will not be completed until the early 2030s, meaning the strategy does not address near-term power shortages but establishes a commercial model in which technology companies directly finance expansion of the existing nuclear fleet.
Big Tech's strategy to source additional nuclear power from existing reactors represents a significant shift in AI infrastructure energy procurement, touching hyperscaler capacity planning and energy strategy simultaneously.