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Amazon goes nuclear, to invest more than $500 million to develop small modular reactors - TL;DR CNBC

Amazon goes nuclear, to invest more than $500 million to develop small modular reactors

Publishing timestamp: 2024-10-16 12:45:45


Summary

AWS partners with Dominion Energy to explore development of small modular nuclear reactors to meet growing energy demands for data centers. This is part of Amazon's commitment to net-zero carbon emissions and clean energy. Other tech companies like Google and Microsoft are also investing in nuclear power. Virginia and Washington state will benefit from new SMRs, with potential for future expansion. Biden administration is providing funding for clean energy production, including SMRs.


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Keywords: glenn youngkinbreaking news: technologyclimatetechnologybreaking newsamazon.com incalphabet class cenergybusiness newsdominion energy inctalen energy corpalphabet incenvironment

Source: https://www.cnbc.com/2024/10/16/amazon-goes-nuclear-investing-more-than-500-million-to-develop-small-module-reactors.html


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