AEP Partners with TVA and GE Hitachi to Secure $50 Million Grant for SMR Development at Rockport Plant

Reuters
05-30
AEP Partners with TVA and GE Hitachi to Secure $50 Million Grant for SMR Development at Rockport Plant

AEP - American Electric Power Company Inc., in collaboration with the Tennessee Valley Authority $(TVA)$ and GE Hitachi Nuclear Energy $(GEH.SI)$, has announced an exciting development at the Rockport Plant. The partnership is seeking a $50 million grant to initiate the early stages of Small Modular Reactor $(SMR)$ development at the site. This funding endeavor underscores the commitment of these organizations to explore innovative energy solutions and expand their capabilities at the Rockport Plant. The grant aims to bolster the facility's future opportunities, emphasizing safety and efficiency in its operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AEP - American Electric Power Company Inc. published the original content used to generate this news brief on May 29, 2025, and is solely responsible for the information contained therein.

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