{"id":116876,"date":"2024-10-22T00:56:01","date_gmt":"2024-10-21T17:56:01","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=116876"},"modified":"2024-10-22T00:56:01","modified_gmt":"2024-10-21T17:56:01","slug":"amazons-investment-in-smrs-is-a-game-changer-x-energy-ceo","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=116876","title":{"rendered":"Amazon&#8217;s investment in SMRs is &#8216;a game changer&#8217;: X-energy CEO"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>Small Modular Reactors (SMRs) are emerging as a new energy investment avenue for Big Tech companies seeking to power their AI needs at a lower cost. Amazon (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/AMZN\" data-ylk=\"slk:AMZN;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">AMZN<\/a>) is leading the charge, investing in X-energy&#8217;s plant to manufacture these innovative nuclear reactors.<\/p>\n<p>X-energy CEO Clay Sell joins Catalysts to discuss how this move could transform the landscape.<\/p>\n<p>Sell notes that the latest funding round has generated $500 million in cash. This capital will be used to complete the design of the standard SMR plant and construct the first fuel facility at the company&#8217;s location in Texas. Once this initial plant is operational, the blueprint will be replicated at other facilities, including those run by Amazon (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/AMZN\" data-ylk=\"slk:AMZN;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">AMZN<\/a>).<\/p>\n<p>Sell explains that this type of SMR facility has not been widely deployed in the US before, as &#8220;we have not seen sufficient demand from end-customers that are prepared to build these plants.&#8221; However, he believes Amazon&#8217;s investments in these facilities are a &#8220;game changer,&#8221; stating that &#8220;that&#8217;s what&#8217;s really going to facilitate this new growth era.&#8221;<\/p>\n<p>As AI technology continues to advance and the demand for power to sustain these applications increases, Sell anticipates a significant portion of the SMR&#8217;s output will be dedicated to meeting the energy needs of the AI industry. The reactors&#8217; ability to produce high-quality steam could also benefit petrochemical and industrial manufacturing companies, helping them decarbonize their operations, Sell adds.<\/p>\n<p>To watch more expert insights and analysis on the latest market action, check out more Catalysts <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/videos\/series\/catalysts\/\" data-ylk=\"slk:here;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">here<\/a>.<\/p>\n<p><em>This post was written by <\/em><a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/www.yahoo.com\/author\/angel-smith\/\" data-ylk=\"slk:Angel Smith;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><em>Angel Smith<\/em><\/a><\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/video\/amazons-investment-smrs-game-changer-163056838.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Small Modular Reactors (SMRs) are emerging as a new energy investment avenue for Big Tech companies seeking to power their AI needs at a lower cost. Amazon (AMZN) is leading &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=116876\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-116876","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/116876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116876"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/116876\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}