A nuclear energy renaissance is underway. So far this year, it’s provided outsized gains for investors who jumped on the bandwagon early. Take, for example, pre-revenue Lightbridge NASDAQ: LTBR, up nearly 202% since its year-to-date (YTD) low on January 14. And another, NuScale Power NYSE: SMR, is up more than 177% since its YTD low on April 4.  Range Nuclear Renaissance Index ETF TodayNUKZRange Nuclear Renaissance Index ETF$58.47 +1.43 (+2.51%) 52-Week Range$30.40▼$61.79Dividend Yield0.05%Assets Under Man ...

Core Viewpoint - Nuclear energy is experiencing a surge in interest due to technological advancements in Small Modular Reactor (SMR) technology, which is seen as a potential key energy source to meet the rising electricity demand from data centers. However, the market prices of nuclear stocks, particularly Oklo Inc., are considered to be in bubble territory, raising concerns about their long-term financial viability [1][3][30]. Group 1: Demand and Economic Viability - The marginal cost of production for existing nuclear and natural gas plants is low, making it difficult for new energy sources to compete. Current estimates place the production costs at $34 per MWh for nuclear and $31 per MWh for natural gas [5][12]. - The demand for electricity is increasing significantly, driven by the growth of AI and data centers, with net absorption into colocation data centers reaching 5GW annually [12][44]. - Nuclear energy is becoming increasingly viable due to the Inflation Reduction Act, which introduces a $15 per MWh credit for electricity produced by existing nuclear plants, effective from 2024 to 2032 [25][30]. Group 2: Technological and Regulatory Factors - SMRs are expected to improve the economic viability of nuclear energy by allowing for factory-built modules, which can reduce construction time and costs [28][29]. - The Department of Energy has initiated the Reactor Pilot Program to expedite the approval process for SMRs, which could enhance regulatory understanding and facilitate faster deployment [29][30]. - Despite the advantages of SMRs, the approval process remains stringent due to safety concerns, and most SMRs are not expected to be operational until 2030 or later [26][30]. Group 3: Market Dynamics and Investment Opportunities - The market is currently treating nuclear stocks as if they will provide perpetual financial gains, which is historically inconsistent with energy market dynamics where the "best" energy source fluctuates over time [41][42]. - Companies like Southern Company and Dominion are highlighted as better investment opportunities due to their diversified energy portfolios and reasonable valuations, trading at 22X and 18X forward earnings, respectively [45][46]. - The overall electricity demand surge from data centers presents a significant opportunity for nuclear energy, but it is essential to consider a broader range of energy sources rather than focusing solely on high-flying stocks like Oklo [44][43].

Key Takeaways NuScale Power's Q2 revenues hit $8.1B, up 733% y/y, driven by higher RoPower project service fees.SMR gained its second NRC approval for a 77-MW design, boosting its market position.Despite tech gains, NuScale trades at 92X P/S, far above the sector and its median.NuScale Power (SMR) shares have declined 14.6% since the company reported its second-quarter 2025 results on Aug. 7. This decline can be attributed to a highly competitive energy market, which includes the growing presence of renewab ...

NuScale's nuclear tech is powering up Wall Street's imagination. Is the stock a game changer or a ticking time bomb?NuScale Power (SMR 1.08%) stock has doubled, but the company still hasn't delivered a working reactor. Is this artificial intelligence (AI)-powered energy bet the next big thing -- or just another Wall Street fad? Discover what's fueling the small modular reactor (SMR) craze and whether NuScale is a brilliant breakthrough or a speculative trap.*Stock prices used were the market prices of July ...

Core Viewpoint - NuScale Power's stock has shown significant growth, rising 23.7% in June following a 93% increase in May, driven by political support for nuclear energy and potential deals with data center developers [2][4]. Group 1: Political Support and Regulatory Approvals - President Trump's executive orders aimed at revitalizing the nuclear energy sector have contributed to investor enthusiasm, focusing on advanced nuclear technologies for national security and AI infrastructure [4]. - The Nuclear Regulatory Commission's approval of a second design for NuScale Power's small modular reactors (SMRs) has been a key catalyst, with the company now having two approved designs: a 50 megawatt and a 77 megawatt power module [4]. Group 2: Business Development and Market Interest - NuScale Power is reportedly in discussions with several "Tier 1" hyperscaler companies interested in purchasing power, indicating strong market interest and potential for future contracts [5]. - The trend of hyperscaler companies investing heavily in data centers tailored for AI is evident, with partnerships forming between these companies and SMR developers, such as Alphabet's deal with Kairos [6].

Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy, continuing the wave of tech giants teaming up with the industry in order to meet the growing power needs of data centers.Beginning in June 2027, Meta will buy roughly 1.1 gigawatts of energy from Constellation's Clinton Clean Energy Center in Illinois, which is the entire output from the site's one nuclear reactor. The companies said the long-term agreement will support the continuing operation of the plant, as well as its r ...

The nuclear energy sector just got a jolt of presidential power—and Wall Street noticed. Shares of nuclear-power startup Oklo Inc OKLO, uranium supplier Centrus Energy Corp LEU, and reactor heavyweight BWX Technologies Inc BWXT charged higher this week as President Donald Trump signed a suite of executive orders aimed at reviving the U.S. nuclear industry.Trump’s Nuclear Push Ignites Analyst OptimismCalling it "the most consequential shift in energy policy of our lifetimes," William Blair analyst Jed Dorshe ...

Core Viewpoint - Snow Lake Resources Ltd. and Exodys Energy are collaborating to establish a new nuclear reactor development and deployment company, aiming to provide clean energy solutions for AI-powered infrastructure and hyperscale data centers [1][2][4]. Group 1: Company Strategy - This collaboration signifies a crucial advancement in Snow Lake's diversification into the nuclear sector, following its acquisitions of uranium projects in Wyoming and investment in Global Uranium and Enrichment Limited [2][3]. - The new Reactor Company will focus on a small modular reactor (SMR) design based on existing pressurized water reactor (PWR) technology, leveraging established expertise and infrastructure [7][8]. - Snow Lake's vertical integration strategy aims to generate revenue throughout the entire value chain of nuclear energy, from uranium supply to reactor operations [8][11]. Group 2: Industry Context - The announcement aligns with a resurgence in U.S. nuclear energy, supported by recent Executive Orders from President Trump that streamline regulatory processes and enhance domestic nuclear fuel security [4][5]. - The collaboration is positioned to address the urgent need for scaling and deploying nuclear power reactors domestically, creating a resilient nuclear ecosystem [5][6]. Group 3: Leadership and Execution - Key leadership roles in the new Reactor Company will be filled by experienced technology leaders with extensive backgrounds in both current and advanced reactor technologies [11]. - Exodys Energy will provide technical guidance on fuel cycle considerations and reactor engineering, while Snow Lake will focus on commercial execution and integration of its uranium assets [11].

TORONTO, May 08, 2025 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon”) announced today that Aecon Kiewit Nuclear Partners, a general partnership between Aecon and Kiewit Nuclear Canada in which Aecon is the lead partner, has been awarded an alliance construction contract by Ontario Power Generation (“OPG”) for the execution phase on the Darlington New Nuclear Project (“DNNP”) in Clarington, Ontario. Aecon’s share of the contract is valued at approximately $1.3 billion and will be added to its Const ...

Core Insights - NuScale Power, a small modular reactor developer, experienced a significant price increase of 5.5 times in 2024, but has faced a 7% decline in 2025, indicating a challenging market environment [2]. Company Performance - The stock price of NuScale Power (NYSE: SMR) rose dramatically in 2024 but has struggled in 2025 with a notable decline [2]. Analyst Background - The analysis is led by Manika Premsingh, who has over 20 years of experience in investment management, stock broking, and investment banking, indicating a strong expertise in the field [2].