Amazon Funds Evaluation of 960-MW SMR Nuclear Project in Indiana
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How it started
What happened
American Electric Power is evaluating a 960-MW Small Modular Reactor (SMR) project in Sullivan County, Indiana, at the retired Breed Generating Station. Amazon is providing development funding for the project, which involves 12 of X-energy’s 80-MW Xe-100 reactors. The plant would supply electricity to the regional grid and could operate for over 60 years if a final investment decision is reached.
From powermag.com
Why it matters
Amazon intends to purchase the plant’s electricity under a long-term contract, covering the facility and operational costs. This arrangement is designed to protect existing utility customers from the financial risks associated with developing new nuclear capacity.
From powermag.com
Who's involved
- American Electric PowerElectric utility company evaluating the SMR project and owning the brownfield site.
- GoogleAmerican multinational technology company that is a potential power consumer.
- AmazonAmerican multinational technology company providing development funding and purchasing the electricity.
- Sullivan CountyCounty in Indiana, United States, where the potential nuclear plant is located.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IndianaSpeculative
Indiana might experience significant economic development from the major SMR project investment.
How it developed
Newest first. Tap a step to see who reported it.- Amazon and American Electric Power are evaluating a nuclear power plant project.Sub-event
AEP plans to supply Google power in Sullivan County, funded by Amazon.1 source
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The entities involved
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American Electric Power
electric utility company in the United States
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Google
American multinational technology company, a subsidiary of Alphabet Inc.
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Amazon
American multinational technology company