Europe Bets Big on Small Modular Reactors. Here's How NuScale Power and Oklo Will Benefit.

Key Points The European Investment Bank announced a €40 million loan to an SMR developer. The initial loan kickstarts a pipeline of planned government SMR investments. 10 stocks we like better than NuScale Power › Small modular reactors, or SMRs, are essentially miniature nuclear power plants. They can be built faster than larger conventional nuclear facilities . And while typically more expensive on a per-megawatt basis, upfront capital investment can also be much lower than that of traditional nuclear plants. While the concept of SMRs has been around for decades, only two SMR systems have ever been commercialized -- one in Russia, the other in China. Both of those systems are relatively small in generating capacity. Missed AI’s "Act 1"?