Amazon · U.S. · South Korea · Datacenter Dynamics
Amazon and AEP to explore deployment of up to 960MW of X-energy SMRs in Indiana
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Amazon has teamed up with American Electric Power (AEP) to explore the deployment of almost 960MW of small modular reactor (SMR) capacity in Indiana.
Key facts
- The company completed its Initial Public Offering (IPO) in April, at which time it was valued at $11.9 billion
- To fund the development of the SMR, the company has raised more than $700 million to date, with the latest round led by Amazon
- Amazon-backed X-energy will supply 12 of its Xe-100 SMRs, each with 80MW of electrical capacity and a further 200MW of thermal power
- AEP and its Indiana Michigan Power utility have operated a nuclear power plant for more than 50 years, making them an ideal facility operator
Summary
A small nuclear revolution is coming to a data center near you. Amazon-backed X-energy will supply 12 of its Xe-100 SMRs, each with 80MW of electrical capacity and a further 200MW of thermal power. Amazon will fund the project and be the first offtaker to purchase power once it becomes operational. The project is the second Amazon and X-energy have signed with a regional utility company.