SMR stock is driven by demand for clean energy, tech partnerships,and increasing power needs in data centers.
COLUMBIA, Md. , June 30, 2025 /PRNewswire/ -- GSE Solutions, a leader in advanced engineering solutions supporting clean energy production and decarbonization initiatives in the power industry, today announced it has developed a hydrogen fuel cell generation and storage plant simulation model using its JTopmeret modeling to support a NuScale Power (NuScale) (NYSE: SMR) hydrogen simulator project.
Artificial intelligence (AI) and electrification are driving the world to need more energy. One form of electric power generation that is coming back into vogue is nuclear power.
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Renewable Utilities Industry | Utilities Sector | John Lawrence Hopkins CEO | CXA Exchange | US67079K1007 ISIN |
US Country | 330 Employees | - Last Dividend | - Last Split | 9 Dec 2020 IPO Date |
NuScale Power Corporation is at the forefront of developing modular light water reactor nuclear power plants, which are designed to supply energy across various applications, including electrical generation, district heating, desalination, hydrogen production, and other process heat applications. Founded in 2007 and headquartered in Portland, Oregon, NuScale epitomizes innovation in the nuclear power sector. As a subsidiary of Fluor Enterprises, Inc., NuScale Power Corporation reinforces its pedigree in engineering and construction with the backing of a global industry leader.
The NuScale Power Module (NPM) is a pioneering water reactor design that can produce 77 megawatts of electricity (MWe). This compact, scalable module enables versatility in power generation capacity. Suitable for an array of applications, from electric power generation to process heat applications, the NPM represents a significant advancement in nuclear reactor technology.
NuScale offers the VOYGR series of power plant designs, which accommodate different facility sizes. These designs are capable of housing from one to four and six or twelve NPMs, allowing for scalability and flexibility in energy production to meet varying demands. This approach not only makes nuclear power more accessible but also adaptable to specific project needs.