Home ยป Strategic Investment by Amazon in Small-Scale Nuclear Power Plant Aims for Carbon Neutrality by 2040

Strategic Investment by Amazon in Small-Scale Nuclear Power Plant Aims for Carbon Neutrality by 2040

Amazon announces an agreement to utilize nuclear energy with 3 companies, focusing on projects using Small Modular Reactors (SMR) that can be built close to the direct energy usage area. The first two companies, Energy Northwest and X-Energy, are involved in this project. Amazon has signed a contract to purchase electricity from the installation of Xe-100 reactors, with the initial delivery of four units to Energy Northwest generating 320MW of power, expandable up to 960MW with future phases. X-Energy has also secured $500 million in funding to develop reactors concurrently. Despite the focus on small-scale plants, X-Energy anticipates a total of 5GW of power generation by 2039.
Another agreement involves exploring the feasibility of establishing an SMR plant with Dominion Energy, aiming for a 300MW facility. AWS previously set up data centers near nuclear power plants earlier this year. Today’s announcement signals a serious commitment to nuclear energy by both companies.

TLDR: Amazon partners with 3 companies to explore nuclear energy options, emphasizing Small Modular Reactors for efficient power generation.

More Reading

Post navigation

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

SpaceX Joins Forces with Amazon in Revolutionary Project Kuiper to Facilitate Satellite Internet Deployment

Rumoured: Panos Panay’s Potential Migration to Amazon for Overseeing Product Lineage Encompassing Alexa, Echo, and Fire TV

Q3 2023 Amazon Experiences Exponential Growth in the Advertising Sector While Cloud Revenue Witnesses Remarkable 12% Upsurge