Amazon Joins Push For Nuclear Power To Meet Data Center Demand

Amazon said on Wednesday it has signed three agreements on developing the nuclear power technology called small modular reactors, becoming the latest big tech company to push for new sources to meet surging electricity demand from data centers. From a report: Amazon said it will fund a feasibility study for an SMR project near a Northwest Energy site in Washington state. The SMR is planned to be developed by X-Energy. Financial details were not disclosed. Under the agreement, Amazon will have the right to purchase electricity from four modules. Energy Northwest, a consortium of state public utilities, will have the option to add up to eight 80 MW modules, resulting in a total capacity up to 960 MWs, or enough to power the equivalent of more than 770,000 U.S. homes. The additional power would be available to Amazon and utilities to power homes and businesses. 'Our agreements will encourage the construction of new nuclear technologies that will generate energy for decades to come,' said Matt Garman, CEO of Amazon Web Services. SMRs will have their components built in a factory to reduce construction costs.

Amazon said it is also leading a funding round for $500 million to support X-Energy's development of SMRs. Amazon and X-Energy aim to bring more than 5 gigawatts online in the United States by 2039, which the companies call the largest commercial deployment target of SMRs yet. Amazon also signed an agreement with Dominion Energy, opens new tab to explore the development of an SMR project near the utility's existing power station in Virginia. The about 300 megawatt project would help meet power needs in a region where demand is expected to jump 85% in 15 years, Dominion said.

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