Oracle Plans to Purchase Power from Point Beach Nuclear Power Station to Supply Wisconsin AI Data Center

On October 5, 2026, U.S. tech giant Oracle announced plans to purchase 125 MW to 250 MW of power from the Point Beach Nuclear Power Station in Wisconsin to supply a large artificial intelligence and cloud computing data center campus in Port Washington. The power purchase agreement still requires approval from the Public Service Commission of Wisconsin.

It is understood that Oracle will obtain approximately 10% to 20% of the total output of the dual-unit nuclear power station. Oracle stated that this commitment will help protect customers from rising nuclear power station costs, ease pressure on household electricity bills, and maintain reliable power supply to the Wisconsin grid, with estimated customer savings of approximately $300 million; the cost of the Port Washington data center will be fully borne by Oracle.

The Point Beach Nuclear Power Station has two 591 MW Westinghouse Pressurised Water Reactor (PWR) units. Point Beach-1 entered commercial operation in December 1970, and Point Beach-2 entered operation in October 1972. Located at Two Rivers on the shore of Lake Michigan, it is Wisconsin's only nuclear power capacity, meeting approximately 15% of the state's electricity demand. In 2025, the U.S. Nuclear Regulatory Commission (NRC) extended Point Beach-1's operating license to October 2050 and Point Beach-2's to March 2053, bringing the station's lifespan to 80 years.

The station was originally owned by We Energies and was sold in 2007 to independent energy infrastructure giant NextEra Energy, but We Energies continued to purchase most of its power. The current power purchase agreement expires in 2033, and We Energies recently signed an agreement to continue purchasing approximately 86% of the station's power for 20 years. Mahesh Thiagarajan, Executive Vice President of Oracle Cloud Infrastructure, stated, "Oracle is making a commitment that will directly benefit more than 1 million Wisconsin utility customers. By absorbing approximately $300 million in rising energy costs, we help protect Wisconsin electricity users while supporting the reliable, carbon-free power the state depends on."

It is reported that if approved, this agreement will become another case of a tech company directly securing existing nuclear power capacity to supply AI data centers, helping to ease pressure on the Wisconsin grid and stabilize electricity prices.