Dominion & Amazon Sign a Deal to Develop SMRs in Virginia
AMZNAmazon(AMZN) ZACKS·2024-10-18 01:05

Dominion Energy (D) has recently signed a Memorandum of Understanding with Amazon.com (AMZN) to explore innovative new development structures for enhancing potential Small Modular Reactor (“SMR”) nuclear development in Virginia. This should further boost D’s footprint in the expanding power demand market in the state of Virginia by tapping into the less explored SMR technology.The latest agreement should enable Dominion Energy and Amazon to promote SMR development and financing while reducing the possible r ...