Connect with us

Hi, what are you looking for?

Tech News

Amazon looks to advanced nuclear reactors to meet climate goals

Illustration of Amazon’s logo on a black, orange, and tan background.
Illustration by Alex Castro / The Verge

Two days after Google cut a “world’s first” deal to purchase electricity from advanced nuclear reactors, Amazon announced three new agreements of its own today.

Each deal supports the development of small modular reactors (SMRs), which can be one-tenth to one-quarter the size of a traditional nuclear power plant. If these projects make it to the finish line, SMRs would be a source of carbon pollution-free energy for big tech companies trying to salvage their climate goals by turning to nuclear energy.

Amazon signed an agreement with Energy Northwest, a consortium of public utilities in Washington state, to “enable the development” of four SMRs by the early 2030s. Energy…

Continue reading…

You May Also Like

Editor's Pick

At DecisionPoint, we track intermediate-term and long-term BUY/SELL signals on twenty-six market, sector, and industry group indexes. The long-term BUY signals are based upon...

Editor's Pick

In this StockCharts TV video, Mary Ellen reviews what’s driving the markets higher and how you can capitalize. Moves in TSLA, NVDA, and NFLX are...

Editor's Pick

As part of today’s coverage of the Magnificent Seven we remind you when the big mega-caps are reporting and give you are current perspective...

Politics

Two House Republican lawmakers are in political trouble with Election Day just four days away, according to a new analysis. The nonpartisan Cook Political...