ANALYSIS2026-07-06·SMR.INTEL (industry intelligence tracker)

Every Nuclear-Powered Data Center Deal: Google, Amazon, Meta & Microsoft (2026 Tracker)

SMR.INTEL
COMPILED NOTES

Live deal-by-deal tracker: 9.8 GW committed across 13 nuclear/SMR deals and 7 hyperscaler buyers as of May 2026; Microsoft's TMI restart (835 MW, 2027) fastest-to-power, Meta's up-to-6.6 GW multi-developer portfolio (2032-2035) largest but slowest

Every Nuclear-Powered Data Center Deal: Google, Amazon, Meta & Microsoft (2026 Tracker)

Abstract

A continuously updated (last verified 2026-07-06) industry-intelligence tracker aggregating every publicly disclosed nuclear/SMR power deal signed by AI hyperscalers, with per-deal capacity, technology, cost, target commercial-operation date, and status. As of the May 2026 aggregate cut, 9.8 GW is committed across 13 deals and 7 buyers, with 1 project under construction and 12 in planning.

Key Contributions — Full Tracked Deal List

BuyerDeveloperProjectReactor typeCapacityCost/valueTarget dateStatus
MicrosoftConstellation EnergyCrane Clean Energy Center (TMI-1 restart)Large reactor restart835 MW$16B PPA (20-yr)2027Under construction
GoogleKairos Power500 MW fleetKP-FHR (fluoride-salt-cooled)500 MWUndisclosed2030Planned
AmazonX-energy / Energy NorthwestCascade Advanced Energy FacilityXe-100 HTGR960 MW (12 units)$700M investment2030sPlanned
AmazonTalen EnergySusquehanna AI campusExisting nuclearUndisclosed$20B+UndisclosedPlanned
AmazonDominion EnergyVirginia SMR developmentSMR (type TBD)UndisclosedUndisclosedUndisclosedPlanned
MetaTerraPowerNatrium fleet (8 plants)Natrium SFR4.0 GWUndisclosed2032-2035Planned
MetaOklo Inc.Power Campus (Pike County, OH)Aurora SFR1.2 GWUndisclosedUndisclosedPlanned
MetaVistraNuclear PPAExisting fleetUndisclosedUndisclosedUndisclosedPlanned
MetaConstellation EnergyNuclear PPAExisting fleetUndisclosedUndisclosedUndisclosedPlanned
Meta totalUp to 6.6 GW
EquinixRadiant IndustriesMicroreactor deploymentKaleidos (1 MWe each)20 MWUndisclosed2028+Planned
Data center operators (EU)Last EnergyEuropean fleetPWR-20 microreactor1.6 GW£300M (UK portion)2030+Planned
Data center operators (TX)Last EnergyTexas fleet (Haskell County)PWR-20 microreactor600 MWUndisclosed2030+Planned
TBD AI data centerAalo AtomicsAalo Pod (INL area, Idaho)PWR (50 MWe)50 MWTBD2027Planned

Results

  • Fastest to power: Microsoft's Crane Clean Energy Center (Three Mile Island Unit 1 restart) — chosen specifically because restarting an existing licensed reactor is faster than any new-build SMR, targeting full commercial power by 2027 after a FERC transmission-waiver approval cleared June 1, 2026.
  • Largest single commitment: Meta, up to 6.6 GW across four developers/structures (TerraPower, Oklo, Vistra, Constellation) — but with the longest timeline (2032-2035), illustrating the tracker's core finding that "existing nuclear restarts deliver power fastest, while new-build SMRs offer scale."
  • Aggregate: 9.8 GW committed, 13 deals, 7 hyperscalers, as of the May 2026 cut (tracker itself continues to update weekly beyond that cut).

Methodology

Continuous aggregation of public disclosures (press releases, regulatory filings, PPA announcements) into a single comparable table, refreshed weekly; the underlying dataset was last verified 2026-07-06.

Limitations

  • Many capacity, cost, and timeline fields are marked "Undisclosed" in the underlying deals (e.g., most of Meta's individual sub-deals, Amazon's Talen/Dominion deals) — the tracker is only as complete as public disclosure allows, and true committed capacity/cost may be understated.
  • No fuel-supply-chain risk factors (e.g., HALEU enrichment dependency) are discussed in this source; that gap is partially covered by other nuclear-SMR industry writing (not ingested this cycle) and remains a named knowledge gap.
  • As an industry-intelligence blog rather than a peer-reviewed or regulatory-filed source, deal terms should be cross-checked against primary company disclosures (10-Ks, PPAs) before use in any published report.
  • "As of May 2026" aggregate figures will already be stale relative to the tracker's live state by the time this KB is next refreshed — treat the 9.8 GW/13-deal figure as a snapshot, not a current total.

Full Content

This tracker closes what was, before this cycle, a complete blank in the electrification KB: not one prior source touched on-site nuclear or SMR power for data centers, despite the topic's own LENS.md never having named it as a required entity/number (a LENS gap worth flagging — see frontier.md Knowledge Gaps). The deal list makes concrete a distinction that matters for anyone assessing datacenter-power economics: restart-of-existing-reactor deals (Microsoft/Constellation, Amazon/Talen) deliver power in the 2027-2028 window, while new-build SMR fleets (Meta/TerraPower, Meta/Oklo, Amazon/X-energy, Google/Kairos) cluster in 2030-2035 — meaning nuclear is not yet, and will not soon be, a near-term answer to the interconnection-queue and time-to-power problems the Power Grid Infrastructure paper and the Bloom Energy 2026 report (both ingested this cycle) document. In the near term (through ~2028), behind-the-meter gas and fuel cells remain the only onsite technologies that can plausibly move at AI-industry speed; nuclear/SMR is the 2030s answer, which is exactly why the Bloom survey shows fuel cells (47%) and reciprocating engines/turbines (38%/33%) leading current onsite-technology evaluation over nuclear, which barely registers as a near-term option in that survey.


Source: Every Nuclear-Powered Data Center Deal: Google, Amazon, Meta & Microsoft, SMR.INTEL. Last verified 2026-07-06; aggregate totals as of May 2026.

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