Connect with us

Hi, what are you looking for?

Smart Income LibrarySmart Income Library

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

Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch...

Tech News

Klipsch’s Flexus Core 300 soundbar will leverage Dirac’s room correction calibration tools. | Image: Klipsch Klipsch has announced its new Flexus Core 300 soundbar,...

Editor's Pick

So the first Fed rate cut is behind us, and we are no longer in a “higher for longer” period, but in a new...

Politics

In the final three weeks of the presidential race, former president Donald Trump and his advisers have attacked one particular foe more than three...