X-energy said on Wednesday that Amazon had agreed to anchor a $500mn fundraising, which would help the company finance the development and licensing of its new generation of SMRs, which it said are more efficient than large-scale nuclear reactors.
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X-energy did not disclose the size of the stake Amazon had bought, but said the technology group would take two seats on the company’s board of directors.
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Amazon said it was supporting an SMR project in its home state of Washington, which will be constructed and owned by Energy Northwest, a consortium of state public utilities. It also signed an agreement with utility company Dominion Energy to explore the development of an SMR project near Dominion’s existing North Anna nuclear power station in Virginia.
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X-energy, which is backed by chemical giant Dow, has developed a reactor that uses helium gas as a coolant rather than water to divert heat from the core. Each of its Xe-100 SMRs generates 80MWe and they can be scaled into “four pack” 320MWe power plants, which is similar to the output from a typical gas power plant.
Mirror: https://archive.is/5bLSW And related topic about Google doing similar: https://tildes.net/~enviro/1jgk/google_signs_deal_with_nuclear_company_as_data_center_power_demand_surges
From the article:
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Mirror: https://archive.is/5bLSW
And related topic about Google doing similar:
https://tildes.net/~enviro/1jgk/google_signs_deal_with_nuclear_company_as_data_center_power_demand_surges