AEP and X-Energy to Explore Advanced Nuclear Project in Indiana
American Electric Power (AEP) has announced a partnership with X-Energy to assess the feasibility of constructing a 960 MW advanced nuclear energy project at an old coal plant site in Sullivan County, Indiana. The initiative aims to explore small modular reactor technology as part of AEP's broader strategy for clean and reliable power generation. The collaboration is seen as a significant step toward decarbonizing electricity production while leveraging existing infrastructure. X-Energy’s shares rose 9.8% pre-market following the announcement, indicating investor optimism about the potential project.
Topics: nuclear energy partnership project feasibility
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Part of the story Amazon partners with X-energy and AEP for nuclear reactor project in Indiana (3 articles)