Nuscale Power Corp SMR

Alternate Symbol(s): SMR.WS

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NuScale Power Corporation is a provider of proprietary advanced small modular reactor nuclear technology. The Company’s groundbreaking SMR technology is powered by the NuScale Power Module, a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross) and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output. It serves diverse customers across the world by supplying nuclear energy for electrical generation, district heating, desalination, commercial-scale hydrogen production, and other process heat applications. In addition to its flagship 12-module (924 MWe) VOYGR-12TM power plant, it offers smaller power plant solutions, including the six-module (462 MWe) VOYGR-6TM and the four-module (308 MWe) VOYGR-4TM. It offers VOYGR power plant designs for three facility sizes that are scalable in that they are capable of housing from one to four, six or 12 NPMs.

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Post by AviseAnalyticson Oct 09, 2023 8:52am

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Post# 35675740

NUSCALE POWER: A “POWERFUL” RESERVOIR OF CARBON-FREE ENERGY

 		$SMR
 		Thrilled to share an article about NuScale Power Corporation (NYSE: SMR). NuScale is a provider of advanced small modular reactor (SMR) nuclear technology, which is both innovative and proprietary.
 		
 		NuScale is the first and only SMR to have its design certified by the U.S. Nuclear Regulatory Commission. The company has already received four separate cost-share awards from the U.S. Department of Energy, totaling more than $656 million. In 2020, it was granted a 5-year, $700 million 50/50 cost-share award, which included $350 million.
 		
 		Currently, NuScale is working on two prestigious projects in Idaho and Romania. The company has over 120 customer opportunities, allowing it to capture a significant portion of the global carbon-free energy market. This market is expected to expand by at least 16,000 GW by 2040.
 		
 		Read on to know more:
 		https://www.aviseanalytics.com/nuscale-power-a-powerful-reservoir-of-carbon-free-energy/