NuScale Power is a key player in the revival of nuclear power. It focuses on developing, constructing, and operating Small Modular Reactors (SMRs). The worldwide SMR market is expected to triple by 2030. However, bigger competitors like Rolls-Royce and GE Vernova pose a threat to NuScale’s market entry.

The sales-to-installation-to-operational process for nuclear power is lengthy and complex. NuScale may not be the only player in the SMR space, but it is the first to win approval from the US Nuclear Regulatory Commission. Despite potential revenue from projects in Romania and the Tennessee Valley Authority, profitability may not be immediate.

While NuScale Power shows promise, competition and regulatory oversight could delay commercial success. Investors should consider other stock options, as NuScale wasn’t among the Motley Fool’s top picks. Long-term profitability and market entry remain uncertain for NuScale Power.

Read more at Yahoo Finance: What to Know Before Buying NuScale Power Stock