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Amazon makes multi-billion investment in nuclear power

» Published: 16 October 2024

Amazon makes multi-billion investment in nuclear power
Photo: Damian Dovarganes/AP/TT

Google has already announced it, now e-commerce giant Amazon is doing the same, namely signing agreements on nuclear power projects. In an attempt to meet a growing energy demand, Amazon will now be involved in developing so-called small modular reactors (SMR), the company writes in a press release.

According to CNBC, it's about an investment of 500 million dollars, over five billion kronor, in three projects that affect several states in the USA.

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By TTThis article has been altered and translated by Sweden Herald

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