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Amazon, Google and Meta commit to tripling nuclear energy by 2050

Financial institutions such as Bank of America, Goldman Sachs, and Morgan Stanley had supported the initial pledge last year

byKerem Gülen
March 13, 2025
in Energy & Environment, Industry
Home Industry Energy & Environment

Amazon, Google, and Meta Platforms have announced their support for tripling nuclear energy capacity worldwide by 2050, signing a pledge at the CERAWeek energy conference in Houston, Texas, on March 12, 2025. This pledge, nonbinding in nature, follows an earlier commitment adopted in December 2023 by over 20 countries, including the United States, at the U.N. Climate Change Conference.

Financial institutions such as Bank of America, Goldman Sachs, and Morgan Stanley had supported the initial pledge last year. The current signatories—Amazon, Google, Meta, Dow, Occidental, Allseas, and OSGE—recognize that nuclear energy plays a critical role in meeting rising energy demands, particularly as they pertain to growing economies. They agree that nuclear capacity should expand to ensure energy resiliency, security, and a continuous, clean energy supply.

The pledge emphasizes that large energy users depend on abundant energy for operational competitiveness and that nuclear power provides reliable energy regardless of weather or geographical constraints. It also addresses the significance of nuclear technologies in diversifying the energy grid and generating energy for various economic activities such as electrification, hydrogen production, and synthetic fuel creation. Signatories call on other major energy users to join this initiative.

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Lucia Tian, Head of Clean Energy & Decarbonization Technologies at Google, stated, “We are proud to sign a pledge in support of tripling nuclear capacity by 2050, as nuclear power will be pivotal in building a reliable, secure, and sustainable energy future.” Brandon Oyer from Amazon Web Services emphasized the importance of accelerating nuclear development to meet future energy demands, noting Amazon’s investment of over USD 1 billion in nuclear energy projects within the past year. Meta’s Head of Global Energy, Urvi Parekh, highlighted that nuclear energy’s capacity for continuous power generation aligns with the needs of expanding global economies.

Edward Stones, Vice President of Dow Energy & Climate Business, pointed out that nuclear energy is essential for clean, reliable, and cost-competitive energy solutions in global manufacturing. The official unveiling of the pledge will occur at a CERAWeek event co-hosted by the World Nuclear Association and Urenco. Sama Bilbao y León, Director General of the World Nuclear Association, remarked that the support from leading companies sends a strong signal for accelerated policy, finance, and regulatory changes to enable nuclear power expansion.

In the past year, many energy-intensive companies have announced plans to invest in nuclear energy to meet their energy needs and reduce carbon emissions. The push for nuclear power comes amid rising energy demands from data centers and artificial intelligence operations. Currently, nuclear energy accounts for 9% of global electricity production from 439 operational nuclear power reactors, with the International Energy Agency projecting a global energy demand growth of about 4% annually.


Featured image credit: Frédéric Paulussen/Unsplash

Tags: amazonGoogleMeta

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