Forget NuScale's Quarterly Numbers: Its TVA Deal Could Be the Biggest Nuclear Contract in U.S. History.
NuScale's stock price now hinges on a single catalyst.
NuScale Power, the only U.S.-approved company building small modular reactors (SMRs), is on the verge of a historic nuclear contract with the Tennessee Valley Authority (TVA), according to recent reports. Analysts from Bank of America estimate the nuclear energy sector could reach $10 trillion in value over the coming decades, driven by escalating electricity demand fueled by the growth in AI and data centers.
SMRs present a promising solution to meet this demand, with advancements in technology potentially heralding a significant shift in nuclear energy supply chains within the next decade. NuScale Power's CEO, John Hopkins, emphasized the company's unique position, stating it holds standard design approval from the U.S. Nuclear Regulatory Commission for both its 50-megawatt and 77-megawatt reactor modules.
The potential TVA deal with NuScale Power could be the largest nuclear contract in U.S. history, marking a pivotal moment for the small modular reactor industry.
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