NuScale has been approved as the first and only SMR (small modular reactor) maker to be used in the US. This will solve the issues with the lack of power on the power grid today.
The amount of data centers that are opening up are estimated to require 80 to 130 GW of power to supply to the current grid. In 2024, the US power supply grid was pushing out about 25 GW, which is not nearly enough.
It takes about 10-20 years from start to end to build a new nuclear reactor, which is basically the only thing that can keep up with this demand. Only issue, no one wants one made, even though they are statistically the safest form of creating electricity. Due to this, we need a new way to get the power to the data centers.
In comes the SMR. Basically a mini, personal nuclear reactor that you build right next to your data center. A single one makes about 77 megawatts of power. Depending on the size of the data center, it only needs about 10-100+ megawatts of power. Because of this, all you need is one or two SMRs to power your entire data center, which not only puts less strain on the grid making all of our power bills cheaper, but also makes a cheaper and easier way for data centers to get there power they need now, instead of waiting 20 years for someone to make a entire nuclear reactor.
All this to say, maybe put a few bucks into NuScale. Might work out sooner or later.
Link to NuScale website talking about SMR
TL:DR Maybe buy some NuScale (SMR) stock. Might be one of the pioneers of electricity providers for new data centers.
NuScale (SMR) Has Basically Made Mini Nuclear Reactors.
byu/Liboy12 ininvesting
Posted by Liboy12
2 Comments
A lot of companies are joining this space. Working on a spac acquisition for similar SMR still in development.
This is the company that completely failed the Utah project a few years ago, right?
Also their revenue dropped 95% YOY based on their quarterly earnings today.
Very interesting pump post on a day that showed a significant drop in the price of this speculative company.