AEP, Amazon and X-energy to evaluate 960-MW advanced nuclear project in Indiana

On Oct. 19, 2026, AEP announced a joint development agreement with X-energy to assess a 960-MW project at a former coal plant site in Sullivan County, Indiana. Amazon is funding development and intends to buy the power under a long-term contract covering facility and operating costs, if the project proceeds. [Positive: potential customer-backed generation development.]