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Dominion Energy is talking with other tech companies about developing small modular nuclear reactors, after the Virginia utility entered into an agreement with Amazon last month to look at advancing the next-generation technology.
“It’s very encouraging to see large power users, including technology companies, express a willingness to invest, partner and collaborate to bring this exciting base load carbon free technology into fruition,” Dominion CEO Robert Blue told investors on the company’s third-quarter earnings call Friday.
Dominion and Amazon have signed a memorandum of understanding to explore developing a small modular reactor near the utility’s North Anna nuclear station in Louisa County, Virginia. The small reactor would bring 300 megawatts of power to Virginia.
Virginia is one of the most nuclear-friendly states in the nation with strong bipartisan support for next-generation nuclear initiatives, Blue said.