The Entrepreneurs Weekly
No Result
View All Result
Tuesday, July 1, 2025
  • Login
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
Subscribe
The Entrepreneurs Weekly
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
No Result
View All Result
The Entrepreneurs Weekly
No Result
View All Result
Home Business

Amazon Is Going Nuclear, Joining Big Tech in Energy Race | Entrepreneur

by Brand Post
October 16, 2024
in Business
0
Amazon Is Going Nuclear, Joining Big Tech in Energy Race | Entrepreneur
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Amazon’s path to net-zero carbon continues as the company announced Wednesday that it has agreed “to support the development” of several nuclear energy projects.

“Nuclear is a safe source of carbon-free energy that can help power our operations and meet the growing demands of our customers while helping us progress toward our Climate Pledge commitment to be net-zero carbon across our operations by 2040,” said Matt Garman, CEO of Amazon Web Services (AWS), in a statement.

Related: Will It Take Nuclear Power to Sustain AI? Microsoft Is Betting on It.

The new agreement includes building advanced SMRs (small modular reactors) in Washington State, which will be “constructed, owned, and operated by Energy Northwest” with the capability of generating enough energy to power the equivalent of 770,000 homes. It’s also expected to create at least 1,000 temporary construction jobs, according to Energy Northwest.

What Is an SMR?

An SMR is an advanced “small modular reactor” with a power capacity of about one-third of a traditional nuclear power reactor, according to the International Atomic Energy Agency. SMRs can produce a large amount of low-carbon electricity.

“We see the need for gigawatts of power in the coming years, and there’s not going to be enough wind and solar projects to be able to meet the needs, and so nuclear is a great opportunity,” Garman told CNBC. “Also, the technology is really advancing to a place with SMRs where there’s going to be a new technology that’s going to be safe, and that’s going to be easy to manufacture in a much smaller form.”

Amazon also announced an agreement with utility company Dominion Energy in Virginia “to explore the development of an SMR project” near Dominion’s existing North Anna nuclear power station and previously signed an agreement with Talen Energy‘s nuclear facility in Pennsylvania, which will directly power Amazon data centers “with carbon-free energy.”

Related: Google Follows Microsoft’s Lead With Nuclear Power for AI

Big Tech Is Going Nuclear

Other Big Tech companies have recently announced nuclear deals. Three Mile Island, a nuclear power plant that’s been closed for five years, is set to reopen by 2028 to power Microsoft’s data centers. Google, meanwhile, signed an agreement on Monday to buy nuclear energy from engineering company Kairos Power by 2030.

Amazon also recently announced that it “matched all of the electricity consumed by our global operations with 100% renewable energy”—seven years ahead of its original 2030 goal.

“One of the fastest ways to address climate change is by transitioning our society to carbon-free energy sources, and nuclear energy is both carbon-free and able to scale—which is why it’s an important area of investment for Amazon,” Garman said. “Our agreements will encourage the construction of new nuclear technologies that will generate energy for decades to come.”



Source link

Tags: AmazonBigBusiness NewsEnergyentrepreneurgreen entrepreneurJoiningNews and TrendsNuclearRaceTech

Related Posts

5 Data Backup Mistakes that Could Bankrupt Your Startup | Entrepreneur
Business

5 Data Backup Mistakes that Could Bankrupt Your Startup | Entrepreneur

July 1, 2025
US Foods CMO on Brand-Building, AI | Entrepreneur
Business

US Foods CMO on Brand-Building, AI | Entrepreneur

July 1, 2025
Lululemon Sues Costco Over Selling ‘Dupes’ of Its Leggings | Entrepreneur
Business

Lululemon Sues Costco Over Selling ‘Dupes’ of Its Leggings | Entrepreneur

July 1, 2025
  • Trending
  • Comments
  • Latest
Meet Amir Kenzo: A Well Known Musical Artist From Iran.

Meet Amir Kenzo: A Well Known Musical Artist From Iran.

August 21, 2022
Behind the Glamour: Bella Davis Opens Up About Overcoming Adversity in Modeling

Behind the Glamour: Bella Davis Opens Up About Overcoming Adversity in Modeling

April 20, 2024
Dr. Donya Ball: Pioneering Leadership Solutions for Tomorrow’s Challenges

Dr. Donya Ball: Pioneering Leadership Solutions for Tomorrow’s Challenges

May 10, 2024
Nasiyr Bey’s Journey from Brooklyn to Charlotte: The Entrepreneurial Path to Owning a Successful Cigar Lounge

Nasiyr Bey’s Journey from Brooklyn to Charlotte: The Entrepreneurial Path to Owning a Successful Cigar Lounge

August 8, 2024
Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

0
U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

0
GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

0
Brad Winget’s Tips and Tricks on Having a Career in Real Estate

Brad Winget’s Tips and Tricks on Having a Career in Real Estate

0
US Foods CMO on Brand-Building, AI | Entrepreneur

US Foods CMO on Brand-Building, AI | Entrepreneur

July 1, 2025
5 Data Backup Mistakes that Could Bankrupt Your Startup | Entrepreneur

5 Data Backup Mistakes that Could Bankrupt Your Startup | Entrepreneur

July 1, 2025
Lululemon Sues Costco Over Selling ‘Dupes’ of Its Leggings | Entrepreneur

Lululemon Sues Costco Over Selling ‘Dupes’ of Its Leggings | Entrepreneur

July 1, 2025
This Mistake Can Tank a Deal, Even If Your Business Is Solid | Entrepreneur

This Mistake Can Tank a Deal, Even If Your Business Is Solid | Entrepreneur

July 1, 2025

The EW prides itself on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

Transcending the bounds of Chicago to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

NEWS

  • Business
  • Politics
  • Entrepreneurship
  • Entertainment
Instagram Facebook

© 2024 Entrepreneurs Weekly.  All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
  • POLITICS
  • BUSINESS
  • CONTACT US
  • ADVERTISEMENT

Copyright © 2024 - The Entrepreneurs Weekly

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In