Is NuScale Power Stock a Buy?
NuScale(SMR) The Motley Fool·2024-07-12 09:22
NuScale has been developing this technology since 2007 and has invested $1.8 billion. The company is the only one to receive a Standard Design Approval from the Nuclear Regulatory Commission for its 50 MWe modular reactors. Energy demand is set to explode over the next decade, with artificial intelligence leading the way. According to Goldman Sachs, data center power demand is expected to grow 15% annually through 2030. This exciting technology could provide nuclear power for remote locations or industrial ...