NuScale SMR

NuScale’s Small Nuclear Reactors Land A Big Investor

by Debra Fiakas, CFA NuScale Power is in a new pact with South Korea’s Doosan Heavy Industries and Construction Co. to support development of NuScale’s small modular reactor (SMR).  In addition to direct investment of $40 million in NuScale, Doosan has agreed to provide parts and equipment for the innovative nuclear power reactor valued at a total of $1.2 billion. NuScale has been working on its power reactor for several years.  The new design is based on pressurized water reactor (PWR) technology that has been used to power nuclear submarines and naval vessels.  The design uses ordinary water as a coolant rather than ‘heavy’ water used by...
NuScale reactor

Two Stocks That Could Benefit From NuScale’s Sucess

After toiling away for almost two decades, perfecting its nuclear power reactor design, NuScale Power is on the cusp of commercial stage with its innovative Small Modular Reactor (SMR).  The company has applied for certification by the U.S. Nuclear Regulatory Commission (NRC) and expects to approval by 2021.  In a departure from conventional construction methods NuScale’s SMR is to be manufactured in a factory setting and assembled on site. NuScale has also lined up a first customer, the Utah Associated Municipal Power Systems (UAMPS), which is planning to build a nuclear power plant with twelve of NuScale’s 50-gigawatt SMRs.  UAMPS expects its project to be...