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AEP × X-energy: the 960-MW SMR agreement and the Indiana site

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Where it stands: American Electric Power and X-energy signed a joint development agreement to evaluate a 960-MW project made up of twelve Xe-100 small modular reactors at the former Breed coal plant site in Sullivan County, Indiana. Amazon is supporting development through funding and would buy the power under a long-term contract designed to protect existing utility customers from project costs. It remains a feasibility assessment, not a licensed or financed project; watch for progress toward siting decisions, NRC filings and final power contract terms.

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