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Stock impact report

Study Shows NuScale Power Technology Can Support Profitable, Reliable Power for Chemical Plants

NuScale Power Corporation Class A (SMR) 
Company Research Source: Business Wire
Study validates an exciting path for powering commercial chemical plantsFindings show that pairing NuScale’s advanced nuclear technology with a heat augmentation system is both profitable and reliable CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, in collaboration with Oak Ridge National Laboratory (ORNL), today released the results of the techno-economic assessment (TEA) examining the performance and profitability of coupling a NuScale Power Module™ (NPM) with a U.S. chemical facility to provide nuclear-generated steam and electric power. The findings showcased that nuclear power – specifically NuScale NPMs – can help industries that use process steam and electricity in a reliable and profitable manner.“As the first and only SMR to have our designs certified by the U.S. Nuclear Regulatory Commission (NRC), NuScale continues to lead in the d Show less Read more
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