Amazon To Fund 12 Small Nuclear Reactors At Former Indiana Coal Plant
An anonymous reader quotes a report from TechCrunch: Amazon is funding development of a proposed 960-megawatt nuclear plant in Indiana and would be the first customer to buy its power, the companies announced Monday. Utility company American Electric Power (AEP) would operate the plant. X-energy, which designs small modular nuclear reactors and went public in April, would supply the reactors. The…
Amazon has announced a significant investment in the development of a proposed 960-megawatt nuclear power plant in Indiana. The plant, which would be the first customer to purchase its power, would consist of 12 small modular reactors, each supplied by X-energy. The power plant would be constructed on the site of a former coal plant near Terre Haute and would be operated by American Electric Power.
This agreement marks Amazon's second commercial deal with X-energy, and represents a three-fold increase in size compared to their first partnership. Amazon has already invested $700 million in X-energy, leading a $700 million Series C-1 round in October 2024. The companies have a goal to build 5 gigawatts of nuclear generating capacity in the U.S. by 2039.
The small modular reactors would be connected to the public electric grid, with the power also serving Amazon's data centers. However, the timeline for these reactors is dependent on X-energy successfully delivering its first plant at a Dow Chemical plant in Texas, which is currently under scrutiny for alleged non-compliance with water and solid-waste regulations.
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