From Yahoo Finance: 2025-04-09 09:45:00

As artificial intelligence use cases grow, the demand for energy from data centers is set to skyrocket. This opens doors for innovative energy solutions, with nuclear energy making a comeback.

NuScale Power is an innovator in advanced small modular reactors, offering a promising solution for efficient nuclear power deployment. The company’s technology has received design approval from the U.S. Nuclear Regulatory Commission, giving it a significant advantage over competitors.

Backed by Fluor, NuScale is developing small modular reactors that could save up to 35% on construction costs. The company is working on a power station at a former coal plant in Romania, aiming to generate 462 megawatts of electricity.

Public and private funding supports NuScale’s projects, including contributions from the U.S., Japan, South Korea, and the UAE. The U.S. Export-Import Bank has committed up to $99 million for initial work, with additional funding of up to $4 billion under consideration.

Investing in NuScale has potential for significant returns, but it carries risks. The company continues to incur losses, and commercial operations are years away. NuScale aims to be a key player in scaling nuclear power deployment globally.

While NuScale has millionaire-maker potential, it remains speculative. Investors should approach with caution due to uncertainties around commercial operations and project timelines. NuScale’s success could significantly impact the future of nuclear energy.

Read more: Is NuScale Power Stock a Millionaire Maker?