American Electric Power

“This partnership brings together the experience, ambition, and innovation needed to move a project of this significance forward. AEP’s 50 years of excellence in nuclear operations, combined with the world-class expertise of Amazon and technology of X-energy, are poised to chart a new course for Indiana’s energy future. Together, we’re working to advance a clean, safe, reliable solution to meet growing energy demand and benefit Indiana and its communities for generations to come.”

“Advanced nuclear energy has the potential to provide dependable power for decades while supporting economic growth in our communities. With this development plan, we are working to bring together the resources to help meet unprecedented growth in energy demand with reliable baseload power while protecting affordability for existing customers. Our agreements with Amazon and X-energy provide the capital protections and financial safeguards that we have said are essential to any potential nuclear project for AEP.”

At Amazon, we are committed to serving the needs of our customers and achieving our Climate Pledge goal to be net-zero carbon across our operations by 2040. This collaboration with AEP and X-energy enables us to make progress on both while ensuring that Indiana’s communities benefit. Together, we’re looking to develop nearly a gigawatt of carbon-free power for the local grid at no cost to current customers. This project would also create jobs and generate tax revenues to benefit Hoosier communities for decades to come.”