Investing $10,000 in NuScale Power for big returns, but also comes with risks.

From Nasdaq: 2024-12-23 20:00:00

Nuclear power, seen as a solution to the energy shortage caused by AI data centers, is gaining traction. NuScale Power (NYSE: SMR) is a leader in this space. The World Nuclear Association reports more new plants than closures in the last 20 years, with projections for increased nuclear power consumption by 2050.

Small modular reactors (SMRs) are changing the game, becoming safer and more cost-effective. The IAEA predicts SMRs could make up a significant portion of nuclear power production by 2050. NuScale Power stands out with its approved SMR design, attracting interest from buyers like Romania’s Nuclearelectrica and RoPower Nuclear.

Investing in NuScale Power has potential for big returns, but also comes with risks. The company is not yet profitable and has faced setbacks like project cancellations. While SMRs offer promise for on-site power generation, the future success of NuScale is uncertain. Consider other investment options with lower risk and higher odds of success.



Read more at Nasdaq: Could Investing $10,000 in NuScale Power Make You a Millionaire?