American Electric Power (AEP), through its operating companies Indiana Michigan Power (I&M) and Appalachian Power, is applying for U.S. Department of Energy (USDOE) grants to support the exploration of potential sites for Small Modular Reactors (SMRs). These reactors offer promising solutions for clean, reliable energy and could play a pivotal role in meeting growing energy demands.

I&M has identified the Rockport Plant in Spencer County, Indiana, as a potential site for an SMR, and is seeking $50 million in grant funding to begin the Early Site Permit (ESP) process. The project would utilize GE Hitachi Nuclear Energy’s BWRX-300 technology, capable of generating 300 MW of electricity. If awarded, I&M plans to begin community outreach and site evaluations, including a Preliminary Safety Analysis Report.

Meanwhile, Appalachian Power, exploring the potential for the Joshua Falls site in Campbell County, Virginia, has applied for $35 million in grant funding for its own ESP process. Both projects are part of the USDOE’s Generation III+ Small Modular Reactor Program, which aims to support the development of next-generation nuclear technologies.

Local leaders and state officials in both regions have expressed strong support for these SMR initiatives, highlighting job creation and economic benefits. The projects could significantly contribute to meeting future energy needs, though commercial use is likely at least a decade away due to permitting and regulatory processes.

Source: energycentral.com