Amazon Funds 12 Small Modular Reactors in Indiana with a 960 MW Capacity
Amazon, X-energy, and AEP announced a development agreement for a 960 MW nuclear project in Indiana, utilizing 12 small reactors at a retired coal site.
Amazon, X-energy, and American Electric Power (AEP) announced a joint development agreement for a 960 MW project at a retired coal plant site in Sullivan County, Indiana, according to TechCrunch.
The project relies on 12 Xe-100 small nuclear reactors, with Amazon providing development funding and acting as the primary power buyer, while AEP will operate the plant, according to the source.
The project is subject to a feasibility study and a final investment decision before proceeding with execution.
The project links data center demand for stable electricity with plans to repurpose retired coal sites, a model major tech companies are turning to in order to secure power supplies.
What do these terms mean?
Small Modular Reactor (SMR): A reactor with a capacity lower than traditional reactors, typically manufactured in standardized units that can be installed at various sites.
Joint Development Agreement: An agreement between partners to share work, funding, and risks in developing a project prior to a final investment decision.
Final Investment Decision: The formal approval by which a company commits to funding and executing a project after studies are completed.
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