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  4. NuScale Power Corporation (SMR) Message Board

NUSCALE POWER: A “POWERFUL” RESERVOIR OF CARBO

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(Total Views: 173)
Posted On: 10/09/2023 9:09:43 AM
Posted By: AviseAnalytics
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-...ee-energy/


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