The IAEA sys that nuclear generation could more than triple by 2060. One reason being "“more than 60 new reactors are under construction and the projections for future nuclear capacity have shifted dramatically upward.” Article link in reply. Perhaps the pledge to triple nuclear by 2050, made by a large number of nations is more than an empty, aspirational desire.

AEP, Amazon and X-energy are considering construction of 12 of X-energy's 80 MW high-temp gas cooled (HTGR) reactors at a closed coal plant site in Indiana. Article link in reply. The CEO of AEP (the local utility) said: The agreements with Amazon and X-energy will provide “all necessary capital protections and financial safeguards that we have said are essential for any potential nuclear project to move forward. Amazon would purchase the power under a long-term contract that covers the costs of the facility and its operations for the duration of the arrangement An Amazon VP said: "[Amazon] is working towards a net-zero carbon goal across its operations by 2040. We’re looking to develop nearly a gigawatt of carbon-free power for the regional grid and pay our full costs without passing them to others.” I could be wrong, but all this seems to suggest that Amazon will be paying all the costs, at an agreed (fixed) price. If so, it would be far different than than the financing of other nuclear projects (for large reactors anyway), where construction is paid for under a cost plus fixed profit contract. The industry is also asking for "cost overrun insurance" on top of that. While such contracts and protections may result in new reactors being built, I fear that they will reduce the incentive to control costs (even more!). A fixed price, OTOH, would result in a "full" incentive to control costs, as all cost increase would go right to the companies' bottom line. An example of this is the "behind the meter" DOW chemical project where four X-energy SMRs will power one of their facilities, as oppossed to sending it to the grid. Any cost increases will be paid by DOW, on a one for one basis. Complete incentive to control cost! Will this project be like the DOW chemical one, for Amazon? If Amazon is covering all the costs, and using the power for its facilities, I'm wondering what AEP's role will be.

Russia (Rosatom) expects to start up the first reactor at Egypt's first nuclear plant (Akkuyu) before the end of the year. The plant will have four 1200 MW reactors (the other three reactors are under construction). Article link in reply. The overall cost of the 4-reactor plant is over $20 billion. For comparison, each of the two new Vogtle reactors, in the US, cost ~$17.5 billion.