Nuclear fusion technology has the potential to replace nuclear fission. Ten years of investment in nuclear fusion has reportedly brought China to parity with the U.S. in this new technology.
The U.S. government is boosting the domestic nuclear energy industry and funding innovative technologies. NuScale Power specializes in one such technology and could benefit under the Biden administration.
NuScale Power is a nuclear power stock. It is majority-owned by the construction and engineering company Fluor.
An analyst hiked his price target on NuScale Power stock Thursday. Recently announced federal funding for nuclear energy projects could bolster the company's financial position.
NuScale Power is a pioneer in the development of small modular reactors (SMRs). The U.S. government announced $900 million in funding to assist the advancement of SMRs.
China has a 10- to 15-year lead over the U.S. in advanced nuclear power technology. Bill Gates wants to change that and is investing billions in a nuclear power start-up called TerraPower.
NuScale Power has developed an innovative nuclear power plant called a small modular reactor. The company is still working to put its small modular reactor into commercial use in the United States.
NuScale Power reported a big loss in its first quarter. The company, however, says it is close to commercializing its nuclear technology that will produce clean energy.
NuScale is working on building an SMR, or small modular nuclear reactor. The company believes there is a huge need for this product, and it may be right.
NuScale Power Corporation NYSE: SMR is at the forefront of the nuclear energy sector, which is part of the renewable energy sector. NuScale focuses on developing and deploying advanced, small modular reactor (SMR) technology.
NuScale Power has plans to make small-scale nuclear power plants. Nuclear power does not produce carbon dioxide and provides base load, or always-on, power.
NuScale Power is developing small modular reactors to provide nuclear power-generated electricity. Investors learned this week that Standard Power may be advancing its partnership with NuScale Power for 24 small modular reactors.