Evergy, TerraPower to explore advanced nuclear energy deployment in Kansas

TerraPower, Evergy (EVRG) and the Kansas Department of Commerce, announced the signing of a memorandum of understanding to explore siting TerraPower’s Natrium reactor and energy storage system, within Evergy’s service territory in Kansas. This agreement will enable the collaboration between the entities to evaluate site-specific characteristics for a potential advanced nuclear power plant, as well as explore the Natrium plant’s technical design and ability to support Evergy’s customers. Site selection will be based on an evaluation of a variety of factors including community support, the physical characteristics of the site, the ability of the site to obtain a license from the U.S. Nuclear Regulatory Commission and access to existing infrastructure. “Nuclear energy has been part of Evergy’s generation mix for decades, and this next step will allow us to explore the opportunity to add reliable, non-carbon emitting advanced nuclear energy in the state of Kansas,” said David Campbell, Evergy’s chairman and chief executive officer. “This agreement supports our all-of-the-above energy strategy and will allow us to evaluate the cost, technology, and feasibility of potentially deploying Natrium advanced nuclear plants.”