Amazon and Google are investing in nuclear energy projects – mainly the construction of Small Modular Reactors (SMRs) – to power its data centres and AI technologies. On Wednesday (16 October), Amazon confirmed that it had signed three new agreements to support the development of nuclear energy projects – including enabling the construction of several new SMRs. The investment includes manufacturing capacity to develop the SMR equipment to support more than 5GW of new nuclear energy projects using X-energy’s technology. Growth of nuclear energy projectsIn its World Energy Outlook 2024 report released this week, the International Energy Agency (IEA) said that in countries open to the technology, nuclear power can be an important source of low emissions electricity. Nuclear energy – an effective recovery for our industryIn 2023, five new nuclear reactors with a combined capacity of 5.5GW began operations in Belarus, China, Korea, Slovak Republic and US.

Source: The North Africa Journal October 18, 2024 15:38 UTC