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Prediction: This Is What Comes Next for Nuclear Energy Stocks Like NuScale Power Corporation
The Motley Foolยท 2025-07-08 07:15
It is not all sunshine and rainbows for these high-flying stocks. In fact, the company did have a project in the works in Idaho for six nuclear power modules, but it was cancelled because of a lack of demand. The Department of Energy (DOE) has funded NuScale Power with $600 million, but it still cannot make its products work economically compared to competing energy-generation sources. It also had a proposed project in Utah that was cancelled because of cost overruns. Investors can't seem to get enough of n ...