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.
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