Meta Ventures into Electricity Trading to Power AI Expansion
In a strategic move to bolster its energy infrastructure, Meta Platforms Inc. is seeking federal approval to engage in electricity trading. This initiative aims to support the rapid expansion of its data centers, which are integral to the company’s ambitious artificial intelligence (AI) projects.
Addressing Energy Demands
The surge in AI applications has led to an unprecedented increase in energy consumption. To meet these demands, Meta plans to make long-term commitments to purchase electricity from new power plants. By obtaining the ability to resell surplus power on wholesale markets, the company intends to mitigate financial risks associated with these commitments.
Urvi Parekh, Meta’s head of global energy, emphasized the importance of this approach, stating that power plant developers want to know that the consumers of power are willing to put skin in the game. She further noted that without Meta’s proactive involvement, the expansion of the power system isn’t progressing as swiftly as desired.
Collaborative Efforts in the Tech Industry
Meta isn’t alone in this endeavor. Microsoft is also seeking similar federal approvals, while Apple has already secured the necessary permissions. This collective movement underscores the tech industry’s recognition of the critical role energy infrastructure plays in sustaining and advancing technological innovations.
Significant Energy Investments
Meta’s commitment to securing energy resources is evident in its recent investments. In June 2025, the company announced a multibillion-dollar deal to purchase all the clean energy attributes of Constellation Energy’s Clinton Clean Energy Center, a 1.1-gigawatt nuclear power plant in Illinois. This agreement ensures the plant’s operation through 2047, contributing to Meta’s renewable energy portfolio.
Additionally, Meta has been actively investing in solar energy. In October 2025, the company signed agreements to procure nearly 1 gigawatt of solar power, bringing its total solar purchases to over 3 gigawatts for the year. These projects are expected to be operational by 2027, further supporting Meta’s data centers and AI initiatives.
Future Energy Projects
Looking ahead, Meta is exploring diverse energy sources to meet its growing needs. The company has partnered with XGS Energy to develop a 150-megawatt geothermal power plant in New Mexico. This project represents Meta’s foray into geothermal energy, offering a sustainable and continuous power source for its operations.
Conclusion
Meta’s pursuit of electricity trading approval reflects a strategic effort to secure reliable and sustainable energy sources for its expanding data centers and AI projects. By actively participating in the energy market, Meta aims to accelerate the development of new power plants, ensuring the necessary infrastructure is in place to support its technological advancements.