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TVA Inks First U.S. Utility PPA for Gen IV Nuclear Power in Landmark Three-Way Deal with Google, Kairos
The Tennessee Valley Authority (TVA) has signed a first-of-its-kind power purchase agreement (PPA) with advanced nuclear technology firm Kairos Power to buy power from the company's planned Hermes 2, a molten salt nuclear reactor in Oak Ridge, Tennessee. The deal makes TVA the first U.S. utility to contract for electricity from a Gen-IV reactor. Under [...]The post TVA Inks First U.S. Utility PPA for Gen IV Nuclear Power in Landmark Three-Way Deal with Google, Kairos appeared first on POWER Magazine.
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