After Google, Amazon Invests in Nuclear Energy to Power Its Data Centers

Amazon’s collaboration with X-energy aims to provide low-carbon power to its global data centers.

• Amazon invests in US nuclear developer X-energy to advance small modular reactor (SMR) technology.
• The partnership focuses on generating over 5 gigawatts of clean energy by 2039.
• The investment is part of Amazon’s broader strategy to meet its 2040 net-zero carbon pledge.

After Google, Amazon has purchased a stake in X-energy, a US-based nuclear energy developer, as part of a major initiative to power its data centers with low-carbon electricity. The investment is aimed at deploying small modular reactors (SMRs) that can efficiently supply clean energy. Amazon will also take two seats on X-energy’s board of directors, anchoring a $500 million fundraising effort by the nuclear developer.

This move is crucial because it reflects the growing commitment of tech giants to source low-carbon energy solutions in order to meet their climate goals. With artificial intelligence and cloud computing driving exponential power demand, companies like Amazon are turning to innovative technologies such as SMRs to sustainably manage their energy needs. Amazon’s participation in X-energy’s project aligns with its pledge to reach net zero by 2040.

X-energy’s SMRs use advanced technology, employing helium gas as a coolant instead of water, allowing for efficient energy generation. The first Xe-100 SMR is currently under development at a Dow manufacturing site in Texas, with financial backing from the US government. “X-energy’s reactors are designed to bring clean, reliable power to the grid,” said Amazon’s vice president of global data centers, Kevin Miller, highlighting the importance of innovative energy solutions for the company’s future.

Looking ahead, Amazon plans to collaborate with utility companies such as Dominion Energy and Energy Northwest to develop more SMR projects, with the goal of bringing 5 gigawatts of SMR-generated power online by 2039. This is enough to power approximately four million homes, underscoring the impact of Amazon’s commitment to clean energy and sustainable operations.