Walmart signs 15-year nuclear power supply deal with Constellation Energy in Illinois
Corporate demand for round-the-clock clean electricity is expanding as large companies seek reliable power for energy-intensive facilities. Walmart has agreed to buy about 176 megawatts of nuclear power from Constellation Energy for a distribution center under development in Belvidere, Illinois, with contracts starting in 2029 and 2030.
Highlights
- Walmart signed two 15-year contracts with Constellation Energy to secure nuclear power for its Belvidere, Illinois perishable distribution center.
- The agreement covers 30 megawatts of additional electricity from planned efficiency upgrades at Constellation’s Dresden Clean Energy Center.
- This deal marks a rare U.S. retailer-nuclear partnership, supporting Dresden plant uprates and reflecting surging corporate demand for 24/7 clean baseload power.
Illinois supply agreement and contract timeline
As reported by Reuters, the agreement calls for Constellation Energy to supply power from its Dresden Clean Energy Center in Illinois to Walmart's previously announced high-tech perishable distribution center in Belvidere.The retailer will purchase electricity under two 15-year contracts. The total volume includes 30 megawatts of additional output expected from planned upgrades at the nuclear facility.
Clean power demand and plant investment impact
The deal is among the first between a major U.S. retailer and a nuclear energy provider, highlighting rising corporate interest in baseload clean power that can supply electricity around the clock.The arrangement supports investment in efficiency upgrades, or uprates, at the Dresden plant, allowing Constellation to raise output without building new generating capacity. Dresden is one of the company's largest nuclear plants and is licensed to operate through 2049 and 2051.
In our earlier article on Rolls-Royce’s nuclear reactor partnership with Japanese firms, we covered the company’s push into next-generation energy infrastructure alongside ongoing R&D in nuclear and hydrogen technologies. We also noted how this strategic backdrop coincided with a major share buyback and a market setup where the stock faced short-term technical pressure despite longer-term growth catalysts.
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