NuScale Power Is Closing In on a Deal That Could Transform the Small Modular Reactor Industry

Key Points NuScale Power executives have expressed optimism about the progress of the company’s framework agreement with the Tennessee Valley Authority. That agreement hasn’t translated into revenue yet. This nuclear energy stock has lost about 75% of its value in the past 12 months. 10 stocks we like better than NuScale Power › NuScale Power (NYSE: SMR) has developed some of the nuclear power industry's most promising technology for small modular reactors (SMRs), which could make nuclear power more affordable, adaptable, and scalable. And as demand for electricity to power artificial intelligence data centers continues to soar, the time could be right for SMRs to step into the spotlight.