AEP, X-energy Study 960-MW Nuclear Plant in Indiana With Amazon
Columbus – – October 19, 2026 -- American Electric Power (AEP) has signed a joint development agreement with X-energy to evaluate a 960-megawatt advanced nuclear project at a former coal plant site in Sullivan County, Indiana, with Amazon funding the development phase and intending to buy the output under a long-term contract.
Amazon would cover facility and operating costs for the length of its contract
Amazon is supporting development through a funding agreement. If the project reaches a final investment decision and proceeds to construction and commercial operation, Amazon plans to purchase the power and cover the costs of the facility and its operations for the contract term. AEP Chairman, President and CEO Bill Fehrman said the agreements with Amazon and X-energy provide the capital protections and financial safeguards AEP has called essential for any nuclear project to proceed.