Energy Northwest, X-Energy Agree to Develop 12 Small Modular Reactors – IPO Edge
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Energy Northwest, X-Energy Agree to Develop 12 Small Modular Reactors
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Energy Northwest, X-Energy Agree to Develop 12 Small Modular Reactors

By Daniella Parra

Energy Northwest and X-Energy Reactor Company have signed a joint development agreement for up to 12 Xe-100 advanced small modular reactors in central Washington.

The reactors are capable of generating a total of 960 megawatts of carbon-free electricity, both companies said in a statement. The Xe-100 reactors are designed to provide reliable carbon-free power and can produce either 80 megawatts of electricity or 200 megawatts of high-temperature steam.

“Energy Northwest’s mission is to provide the region with clean, reliable and affordable electricity, and X-energy’s innovative advanced reactor technology will be a valuable addition to our existing portfolio of carbon-free electric generating resources,” said Bob Schuetz, CEO of Energy Northwest.

Earlier this year, X-energy launched a landmark project with Dow (NYSE: Dow) to build the first industrial use project for SMRs in the U.S., the company said in a statement.

“X-energy is eager to bring the insights and learnings from our ARDP experience to successfully deliver an Xe-100 nuclear power plant in central Washington. Energy Northwest’s experience as a leading nuclear operator in the region uniquely positions it to showcase the benefits and scalability of advanced nuclear.” said J. Clay Sell, CEO of X-energy.

 

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