Together with @AEPnews and @Amazon, we’re advancing a nearly 1 GW nuclear project in Indiana, our second project under a broader collaboration with Amazon to bring more than 5 GW of new nuclear capacity to the U.S. grid by 2039.
The proposed project would add clean, reliable power to the regional grid, helping meet growing energy demand while creating opportunities for long-term economic development.
Read more: https://t.co/AbFrf1HMZZ
The future of nuclear in the palm of your hand. A single TRISO-X pebble contains the energy equivalent of six tons of coal.
@Amazon goes inside X-energy’s Xe-100, from the TRISO fuel at its core to the intrinsic safety and modular design built for a fundamentally different approach to nuclear.
Reliable. Scalable. Ready for what comes next.And it all starts with a pebble.
Read more here: https://t.co/8PwarAJpO5
Today, X-energy becomes a publicly listed company on the Nasdaq Global Select Market, a milestone bringing us another step closer to delivering on our mission to provide clean, reliable energy solutions at scale.
With our IPO, we celebrate the industry-leading progress we’ve made to commercialize SMR technologies and look forward to what we’ll achieve as a public company. Together, with our partners and investors, X-energy is unlocking an abundant, reliable energy future.
TX-1 is reaching new heights in Oak Ridge, Tennessee, as the final piece of structural steel has officially been placed. The work continues as the first advanced nuclear fuel fabrication facility in the U.S. in over 50 years comes to life.
Thanks to the team that continues to make this progress possible.
🎯 4 small modular reactors
🎯 320 megawatts
🎯 1 industrial facility powered by nuclear energy in North America
We're partnering with Dow to bring the next era of manufacturing to the Texas Gulf Coast. Under the Department of Energy's Advanced Reactor Demonstration Program, we're advancing a four-unit XE-100 plant to make the first grid-scale advanced nuclear reactor deployment for an industrial facility in North America.
Learn more about the advanced nuclear technology coming to the Texas Gulf Coast at https://t.co/SG471rIlnC
X-energy has submitted a draft registration statement on form S-1 to the U.S. Securities and Exchange Commission related to the proposed initial public offering of X-energy’s Class A common stock. X-energy intends to list on the Nasdaq Global Select Market under the symbol “XE.”
Read more: https://t.co/pMZtSL1YDu
Amazon signed three nuclear energy agreements:
-With Energy Northwest for 4 Small Modular Reactors (SMRs) in Washington (320 MW w/ option to increase to 960MW)
-Investment in X-energy, developer of SMR technology
-With Dominion Energy to explore SMR development in Virginia (at least 300 MW). Also have a prior agreement with Talen Energy in Pennsylvania
Amazon will invest half a billion dollars to help build four small modular reactors from X-Energy in Washington State, in partnership with Energy Northwest. This is not a pledge to buy power in the future, but a direct investment in development of next-gen reactors. Bravo.
This is massive news.
The @amazon and @xenergynuclear partnership aims to bring 5 GW of new power projects online across the U.S. by 2039 — the largest commercial deployment target of SMRs to date.
JUST IN - news on nuclear🎉 @amazon invests in @xenergynuclear to start building more than 5 GW of new nuclear power by 2039.
Read more on the announcement here: https://t.co/zpzUMdnuhQ
BREAKING: AMAZON MAKES HISTORIC INVESTMENT TO DEPLOY NUCLEAR PLANTS
Amazon has made a direct investment, the first of its kind, into building nuclear reactors to power AI.
Amazon is investing in X-Energy and joining Washington-based nuclear operator Energy Northwest to deploy nuclear energy in a planned 5 GW fleet by 2040.
After Amazon and its pears claimed for years to be using "100% Renewable power", it has become an open secret that this has only worked because of heavy use of steady nuclear, natural gas, and coal power bought as "gray energy" and taken from the local power grid.
An announcement ceremony is happening in Washington DC now.
More analysis to come.
@amazon and X-energy are collaborating to expand zero-carbon power with advanced small modular reactors. Amazon’s Climate Pledge Fund, along with Citadel Founder and CEO Ken Griffin, affiliates of @ares_management, NGP, and the @UMich, have invested $500 million to support X-energy’s technology and future projects.
Read more about this groundbreaking announcement: https://t.co/QU0cLBscCL
#Nuclear #CleanTech #Xenergy @EnergyNorthwest
@golfgalaxy - one of your employees @nick_bienz1 just qualified for the @RocketMortgage @PGATOUR event in Detroit. I hope there is some gear and a possible sponsorship deal headed his way. @acaseofthegolf1
One year ago, X-energy and Dow embarked on a groundbreaking journey to bring zero-carbon emissions power to Dow's Seadrift, Texas manufacturing facility. We're proud to mark this initial milestone and the progress we've made since the announcement last year. Together, we are on the path to realizing the first grid-scale SMR in Texas and the first nuclear-powered industrial site.
Read more about A Year of Progress at Seadrift: https://t.co/leBAXHeaR2