Top 10 SMR Projects: Meta’s 6.6 GW Procurement and Major Tech Deals (2025-2026)

An analysis of market activities in 2025 and 2026 reveals a decisive trend: hyperscale data center operators are securing future energy through large-scale, long-term nuclear power agreements rather than waiting for grid infrastructure to catch up. The massive electricity demand from AI is compelling technology giants to act as anchor customers for both restarted conventional nuclear plants and next-generation Small Modular Reactors (SMRs). Key deals, such as Meta’s landmark 6.6 GW procurement program and Amazon’s expanded 1.92 GW power purchase agreement (PPA), signal a strategic pivot toward off-grid, carbon-free baseload power. This shift is underscored by reports of up to 11 GW of planned data center projects stalling due to grid connection and power procurement delays, making direct nuclear partnerships an increasingly critical strategy.

1. Meta’s 6.6 GW Nuclear Procurement Program

Company: Meta, Oklo, Terra Power, Vistra
Installation Capacity: Up to 6.6 GW
Applications: Long-term power procurement for future AI data center capacity.
Source: Meta Announces Nuclear Energy Projects, Unlocking Up to 6.6 GW …

2. Microsoft’s Three Mile Island Restart (Project Crane)

Company: Microsoft
Installation Capacity: 835 MW
Applications: 20-year PPA to secure baseload power from a restarted conventional reactor.
Source: What Big Tech’s nuclear power strategy means for construction and …

3. Stalled Data Center Capacity Due to Power Delays

Company: Various undisclosed developers
Installation Capacity: Up to 11 GW
Applications: Planned data center capacity stalled in the announced phase.
Source: The AI Data Center Power Crisis – Tech Insider

4. TVA SMR Development for Critical Industries

Company: Tennessee Valley Authority (TVA), Nu Scale
Installation Capacity: 6 GW
Applications: SMR capacity to power AI and semiconductor manufacturing.
Source: Tennessee Valley Authority signs agreement for 6 GW of small nuclear

5. Amazon’s Expanded PPA with Talen Energy

Company: Amazon, Talen Energy
Installation Capacity: 1, 920 MW (1.92 GW)
Applications: Amended PPA for power from the Susquehanna Nuclear Power Plant.
Source: World Nuclear Industry Status Report 2025 (HTML version)

6. Deep Fission’s Data Center Letters of Intent

Company: Deep Fission
Installation Capacity: 1.25 GW
Applications: Letters of Intent (LOIs) for future nuclear capacity for data centers.
Source: SMR developer Deep Fission signs LOIs with data centers and other …

7. Fermi Inc.’s “Project Matador” Data Center

Company: Fermi Inc.
Installation Capacity: 1.1 GW
Applications: Owned generation assets to power a 2.6 million sq. ft. data center.
Source: [PDF] 32, 500, 000 Shares Fermi Inc. Common Stock – Stifel

8. Oracle’s Dedicated SMR-Powered Data Center Plan

Company: Oracle
Installation Capacity: Over 1, 000 MW (1 GW)
Applications: A planned data center campus to be powered entirely by three SMRs.
Source: From Power Base Load to Ultimate Energy Source for AI – 36氪

9. Adani Conne X Data Center Expansion in India

Company: Adani Conne X
Installation Capacity: Targeting 1 GW
Applications: Data center capacity driving consideration for nuclear power in India.
Source: India’s Growing AI and Data Center Industry: How Nuclear Power …

10. Deep Atomic’s Proposed INL Energy and Data Campus

Company: Deep Atomic
Installation Capacity: Not specified
Applications: Proposed integrated campus with a dedicated SMR at Idaho National Lab.
Source: SMR developer Deep Atomic proposes nuclear-powered AI data …

Table: Top Nuclear Power Projects for AI Data Centers (2025-2026)

6.6 GW: Meta’s SMR Procurement for AI Infrastructure

The diversity of agreements signed in 2025-2026 demonstrates a sophisticated, portfolio-based approach to energy procurement by hyperscalers. Rather than placing a single bet, companies are pursuing multiple pathways to secure gigawatts of power. Microsoft is securing near-term capacity by funding the restart of the 835 MW Three Mile Island plant, while Amazon has expanded its PPA for 1.92 GW from an existing facility. At the same time, Meta’s 6.6 GW procurement program funds the development of next-generation technologies from Oklo and Terra Power. This layered strategy—securing existing nuclear now while financing future SMRs—indicates that major tech firms are acting as strategic energy investors to guarantee the long-term viability of their AI roadmaps.

SMR Landscape Shows Diverse Portfolio Options

This chart shows the landscape of SMR developers, which visually supports the section’s point about hyperscalers using a diverse, portfolio-based approach to energy procurement.

(Source: Generative Value)

USA Leads SMR Data Center Deals, India Eyes Nuclear

The geographic concentration of these projects is almost entirely within the United States, driven by a combination of established nuclear expertise, favorable regulatory environments, and extreme grid pressure in data center hotspots. Key projects are located in Pennsylvania (Microsoft, Amazon), the Tennessee Valley (TVA), and Idaho (Deep Atomic), regions with strong ties to the nuclear industry. This represents a strategic move away from traditional data center alleys like Northern Virginia, where grid limitations are most severe. Concurrently, Adani Conne X’s ambition to develop 1 GW of data center capacity in India highlights that this is a global issue. As emerging markets plan for their own AI-driven growth, they are already factoring in nuclear power as a necessary component to leapfrog the grid constraints currently plaguing developed markets.

Power Demand Concentrated in Key States

This chart directly supports the section’s main point about the geographic concentration of projects in key US states, explicitly showing Pennsylvania’s significant share.

(Source: Bismarck Brief)

SMR Tech: From LOIs to 1.92 GW PPAs with Amazon

The market in 2025-2026 reveals a clear distinction between immediately actionable strategies and long-term technology validation. Mature, conventional nuclear power serves as a vital bridge fuel, evidenced by Amazon’s and Microsoft’s multi-gigawatt PPAs. These deals provide immediate, large-scale, carbon-free baseload power. In parallel, next-generation SMRs are moving through the commercial validation process, financially de-risked by hyperscaler commitments. Non-binding agreements like Deep Fission’s 1.25 GW in Letters of Intent signal strong commercial interest, while Meta’s direct funding of SMR developers represents a more concrete investment. While no SMRs will be powering data centers in this timeframe, these foundational agreements are what make a post-2030 deployment timeline feasible.

Nuclear Power Offers Stable Baseload Energy

This chart illustrates nuclear power’s consistent contribution to the energy mix, reinforcing the section’s argument that mature, conventional nuclear serves as a vital and stable ‘bridge fuel’.

(Source: POWER Magazine)

Meta’s 6.6 GW Nuclear Strategy for AI Leadership (2025-2035)

The single most critical action for the year ahead is to monitor which SMR developers, particularly those backed by tech giants like Oklo and Terra Power, achieve key regulatory milestones with the U.S. Nuclear Regulatory Commission (NRC). If a developer like Nu Scale, partnered with TVA, or Deep Atomic secures a firm construction start date for an initial project, watch for a rapid conversion of existing LOIs into binding PPAs across the industry. This would signal that the perceived risk of SMRs is decreasing, potentially triggering a new wave of investment into the nuclear supply chain. The key expectation is for at least one major SMR developer to transition from design approval to a formal construction license application tied to a specific data center project.

• Gaining Traction: Long-term, direct nuclear power procurement is now an established strategy for hyperscalers, validated by Meta’s 6.6 GW program announced in January 2026.
• Gaining Traction: The “behind-the-meter” model is gaining momentum as a way to bypass grid congestion. Fermi Inc.’s plan for 1.1 GW of owned generation assets for its data center exemplifies this trend.
• Losing Steam: The traditional approach of relying solely on public grid expansion for new data centers is proving inadequate. The 11 GW of stalled capacity reported in March 2026 provides a clear market signal that this model is failing to meet AI’s demands, directly fueling the pivot to off-grid nuclear solutions.

SMR Market Forecasted to Exceed $17B by 2035

This chart’s market forecast to 2035 perfectly aligns with the section’s 2025-2035 timeframe and its focus on SMRs as a critical, high-growth technology for the future.

(Source: Precedence Research)

The questions your competitors are already asking

This report covers one angle of the commercial deployment of nuclear power for AI data centers. The questions that matter most depend on your work.

• Which hyperscale operators and SMR developers are gaining or losing ground in the race to power AI data centers with nuclear energy?
• What is the actual deployment status of major deals like Meta’s 6.6 GW program and Microsoft’s Three Mile Island restart?
• What is the outlook for SMR deployment for the data center sector through 2030, and which projects are stalling due to power procurement delays?

This report does not answer these. Enki Brief Pro does.

Your question, your angle, your framework. SWOT, PESTL, scenario modelling. The same niche depth, built around the decision your work actually depends on.

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