Zhi Tong Cai Jing·2025-06-04 02:32Group 1 - Meta Platforms has signed a 20-year power purchase agreement with Constellation Energy, likely at a lower price than Microsoft's similar agreement [1] - Meta is expected to pay approximately $80 per megawatt-hour for energy from the Clinton nuclear plant, compared to Microsoft's $110 per megawatt-hour from the Three Mile Island plant [1][2] - The difference in expected electricity prices is attributed to the need to restart a reactor at the Three Mile Island plant, which has incurred significant costs [2] Group 2 - Tech giants are willing to pay a premium for nuclear energy, viewing it as a carbon-free power source that aligns with their climate goals amid rising electricity demands from AI [2] - Nuclear power is recognized as more expensive than fossil fuels, but companies acknowledge the necessity of investing in it for future energy needs [2] - Constellation plans to invest in enhancing the generation capacity of the Clinton plant and is considering building a new reactor at the site [2]