Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

U.S. says new sanctions are driving Russian oil prices to multi-year lows

November 18, 2025

Eni awards TechnipFMC substantial iEPCI™ scope for Maha project offshore Indonesia

November 18, 2025

oil prices to drop to $53 in 2026 – Oil & Gas 360

November 18, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Meta and Constellation Secure 20-Year Nuclear Power Deal to Sustain Clinton Clean Energy Center
ESG & Sustainability

Meta and Constellation Secure 20-Year Nuclear Power Deal to Sustain Clinton Clean Energy Center

omc_adminBy omc_adminJune 3, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Ensures 1,121 MW of carbon-free energy through 2047 — replacing public subsidies with private investment.

Preserves 1,100 jobs and $13.5M in annual local tax revenue — safeguarding economic stability in central Illinois.

Expands Clinton’s output by 30 MW and enables future development of advanced nuclear technologies.

Constellation and Meta have signed a 20-year power purchase agreement (PPA) to secure 1,121 megawatts of carbon-free energy from the Clinton Clean Energy Center in Illinois, beginning June 2027. This private-market solution enables long-term operation of the high-performing nuclear plant after the expiration of the state’s Zero Emission Credit (ZEC) program.

“We are proud to partner with Meta because they asked that important question, and even better, they figured out that supporting the relicensing and expansion of existing plants is just as impactful as finding new sources of energy,” said Joe Dominguez, CEO of Constellation. “Sometimes the most important part of our journey forward is to stop taking steps backwards.”

Joe Dominguez, CEO of Constellation

The PPA guarantees stable, emissions-free energy to power Meta’s regional operations and supports its broader goal of matching 100% of electricity use with clean energy. The agreement also allows for a 30 MW uprate at Clinton and sets the stage for potential future expansion, including advanced nuclear reactors or small modular reactors (SMRs).

“Securing clean, reliable energy is necessary to continue advancing our AI ambitions,” said Urvi Parekh, Head of Global Energy at Meta. “We are proud to help keep the Clinton plant operating for years to come.”

Urvi Parekh, Head of Global Energy at Meta

Without this agreement, shuttering Clinton would have triggered far-reaching consequences. An analysis by The Brattle Group estimated a 34 million metric ton increase in emissions over 20 years — equivalent to putting 7.4 million gasoline cars on the road for a year — and a $765 million annual GDP loss for Illinois.

RELATED ARTICLE: Constellation Secures Historic $1B Federal Contract for Emissions-Free Power Upgrades

Key Benefits to Illinois:

Retains 530+ direct jobs, 1,100 total local jobs.

Maintains $13.5 million in annual tax contributions.

Keeps power flowing to 800,000+ homes on the local grid.

Avoids higher emissions and grid instability in MISO Zone 4.

The Clinton facility was once slated for early closure due to financial losses, despite being among Illinois’ top-performing nuclear assets. The 2016 Future Energy Jobs Act and ZEC program initially saved the plant. Now, Meta’s long-term commitment provides a market-based pathway for continued operations — without ratepayer subsidies.

“This partnership ensures that legacy continues – without burdening taxpayers. It’s the kind of forward-thinking investment we need more of in Illinois,” said Rep. Regan Deering (R-IL).

Constellation will also deepen community ties with $1 million in charitable giving over five years, funding workforce development, education, and social services.

“Meta is investing in our future, preserving good-paying jobs, and driving economic development for decades to come,” said Clinton Mayor Helen Michelassi.

As public support for nuclear power surges — now at 61% of U.S. adults, per Gallup — Meta and Constellation’s deal highlights the strategic, long-term role of nuclear in decarbonization and energy reliability for corporate America.

Follow ESG News on LinkedIn



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Sam Altman-Backed Exowatt Raises $50 Million to Scale Dispatchable Solar for AI Demand

November 18, 2025

Deutsche Bank Targets $1 Trillion in Sustainable and Transition Finance by 2030

November 18, 2025

EDF, OpCore plan $4.3B High Power Data Center to Boost France’s AI capacity

November 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20073 Views
Don't Miss

Eni awards TechnipFMC substantial iEPCI™ scope for Maha project offshore Indonesia

By omc_adminNovember 18, 2025

(WO) – TechnipFMC has been awarded a substantial integrated EPCI (iEPCI™) contract, valued…

SLB OneSubsea wins second bp subsea boosting award following Kaskida project

November 18, 2025

Transocean secures $89 million in new offshore drilling options across Brazil, Norway and Romania

November 18, 2025

Sam Altman-Backed Exowatt Raises $50 Million to Scale Dispatchable Solar for AI Demand

November 18, 2025
Top Trending

DHL to Purchase More than 300 Million Liters of Sustainable Aviation Fuel from Phillips 66

By omc_adminNovember 18, 2025

Nestlé, Mars Warn that Delaying EU Deforestation Law Would Create Uncertainty, Disengagement

By omc_adminNovember 18, 2025

Bhutan PM on leading the first carbon-negative nation: ‘The wellbeing of our people is at the centre of our agenda’ | Climate crisis

By omc_adminNovember 18, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20254 Views

Ring Founder on ‘Tough Day’ of AWS Outage: ‘We Got Through It’

October 24, 20253 Views
Our Picks

U.S. says new sanctions are driving Russian oil prices to multi-year lows

November 18, 2025

SLB OneSubsea wins second bp subsea boosting award following Kaskida project

November 18, 2025

China is ‘World’s Largest Creditor, Lends Most to US, Rich Nations’

November 18, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.