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                      FBR Finalizes 18% Sales Tax on E-Commerce Platforms in Budget 2025-26
                      June 9, 2025
                      Pakistan’s Economic Performance: Gains and Misses
                      June 10, 2025

                      Meta Signs 20-Year Nuclear Energy Deal to Power AI Growth

                      Published by Varda Shamshad on June 9, 2025
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                      • Industry
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                      Meta has signed a 20-year agreement with Constellation Energy to secure nuclear power from the Clinton Clean Energy Center in Illinois, reflecting Big Tech’s growing reliance on stable, carbon-free energy for AI data centers. The deal, starting in 2027, will replace state subsidies for the plant and ensure its continued operation. Meta will receive 1,121 megawatts of nuclear energy for its regional operations, with an additional 30 megawatts fed into the local grid.

                      This move underscores the tech industry’s increasing demand for reliable electricity to support AI growth. Companies like Microsoft, Google, and Amazon are also investing in nuclear energy as they expand energy-intensive infrastructure. Meta emphasized nuclear’s role in meeting future power needs while advancing clean energy goals. As AI use accelerates, the International Energy Agency warns that data center electricity demand may more than double by 2030, pushing firms to secure long-term, sustainable energy solutions.

                      Author

                      • Varda Shamshad

                        The author is an accountant by profession, though she often reflects on the irony of struggling with numbers. Despite her career path, she has always found solace in words, harboring a lifelong love for reading that began in childhood. Journalism or English literature could have easily been her alternate calling. A natural storyteller, she has developed a passion for writing, using her craft to bring unnoticed stories to light and make them resonate with others

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