Dominion Talks With More Tech Firms on Next-Generation Nuclear

Nov. 1, 2024, 4:24 PM UTC

Dominion Energy Inc. is actively involved in discussions with potential partners, including technology firms, on agreements to develop small modular nuclear reactors — similar to the deal it signed with Amazon.com Inc. last month.

“It’s very encouraging to see large power users, including technology companies, express a willingness to invest, partner and collaborate to bring this exciting, baseload, carbon-free technology into fruition,” Chief Executive Officer Bob Blue said on a call Friday to discuss third-quarter earnings.

The US has seen a huge increase in power demand that has left energy companies scrambling to meet requests from data centers, new factories ...

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