AEP Partners with Amazon and X-energy to Explore Advanced Nuclear Energy in Indiana
AEP announced a joint development agreement with X-energy to evaluate a 960-megawatt advanced nuclear project at a former coal plant site in Sullivan County, Indiana, using X-energy's Xe-100 small modular reactor technology. Amazon is supporting development through a funding agreement and intends to purchase the plant's power under a long-term contract that would cover facility and operating costs, providing financial safeguards for AEP's customers and investors.
Key figures
- Smr units
- 12
- Unit capacity mw
- 80
- Project capacity mw
- 960
- Capex plan 2026 2030
- $78 billion
- Project lifetime years
- 60+
AI analysis
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