Amazon investing in SMRs to deploy 5 GW by 2039
Tech giant Amazon announced Wednesday new partnerships with Dominion Energy and X-energy to develop and deploy 5 gigawatts of nuclear energy to power needs across the country over the next 15 years.
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Tech giant Amazon announced Wednesday new partnerships with Dominion Energy and X-energy to develop and deploy 5 gigawatts of nuclear energy to power needs across the country over the next 15 years.
ANS CEO Craig Piercy welcomes tech industry's plans to build nuclear energy projects
Washington, D.C. — Craig Piercy, CEO of the American Nuclear Society (ANS), issued the following statement:
"The American Nuclear Society applauds the announced partnerships between Google and Kairos Power and by Amazon and X-energy. Together, these deals will add at least 820 megawatts of zero carbon electricity to the U.S. energy supply. This is a major step toward securing the commercial deployment of advanced nuclear technologies that will make the world a cleaner and more prosperous place."
Kairos Power and Google announced over the weekend a new power purchase agreement to provide the tech giant with 500 megawatts of clean energy by 2035.
Under the agreement, California-based Kairos Power will develop, construct, and operate a series of advanced reactor plants and sell energy, ancillary services, and environmental benefits to Google. Plants will be sited in “relevant service territories” to supply clean electricity to Google data centers. The first reactor is planned to be deployed by 2030 to support Google’s 24/7 carbon-free energy and net-zero goals.
Duke Energy announced agreements yesterday with Amazon, Google, Microsoft, and Nucor to accelerate clean energy deployments in the Carolinas through a new rate structure proposal.
The company signed memoradums of understanding this month that include proposed Accelerating Clean Energy (ACE) tariffs that would help offset the long-term costs of investing in clean energy technologies, such as new nuclear and energy storage, through early commitments. Duke announced its partnership with the tech and utility giants at this week’s White House Summit on Domestic Nuclear Deployment aimed at strengthening the U.S. nuclear industry.
Talen Energy announced its sale of a 960-megawatt data center campus to cloud service provider Amazon Web Services (AWS), a subsidiary of Amazon, for $650 million.
Shopify founder Tobias Lütke is backing General Fusion with an undisclosed capital investment through his Thistledown Capital investment firm, the Canadian fusion technology firm announced January 14.
In an article published the same day by TechCrunch, Jonathan Shieber noted that a separate investments by Jeff Bezos, founder and chief executive of Amazon, first made through his venture capital fund nearly a decade ago, means General Fusion “has the founders of the two biggest e-commerce companies in the Western world on its cap table.”