UPDATE 2-Romania's Nuclearelectrica sees preliminary decision on SMR plant in 2025 [Yahoo! Finance]
NuScale Power Corporation (SMR)
Company Research
Source: Yahoo! Finance
DOICESTI, Romania, March 18 (Reuters) - Romania expects to make a preliminary investment decision next year on whether to build a small modular reactor plant (SMR), which could become Europe's first project using the technology, its energy minister said on Monday. State-owned nuclear power producer Nuclearelectrica said in 2021 it will partner with U.S. firm NuScale Power to build SMR reactors by 2029 as part of its efforts to boost low-emission power sources. The U.S. Ambassador to Romania, Kathleen Ann Kavalec, said on Monday that the Romanian project could benefit from U.S. financial support worth $4 billion. Romania aims to cut its carbon emissions to meet the EU's reduction goals and bolster energy security, a more urgent issue since Russia's invasion of Ukraine in February 2022. The European Commission said last month that it aims to connect its first SMR reactors by 2030 and use them to meet its climate objectives. NuScale's technology has already been certified last y
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SMR
News
- Global Small Modular Reactor Market for Data Centers Industry Report 2024: A $278 Billion Market by 2028, Growing at a CAGR of 48.72% Driven by Burgeoning Demand for Energy Security and Sustainability [Yahoo! Finance]Yahoo! Finance
- NuScale Power to Hold First Quarter 2024 Earnings Conference Call on May 9, 2024Business Wire
- Seizing the New Nuclear Opportunity - Reuters Events: SMR & Advanced Reactor 2024 Returns to Atlanta in Just Three Weeks [Yahoo! Finance]Yahoo! Finance
- NuScale Power Shows Too Many Red Flags [Seeking Alpha]Seeking Alpha
- NuScale Power: Attractive, Yet High-Risk Nuclear Energy Business [Seeking Alpha]Seeking Alpha
SMR
Sec Filings
- 4/26/24 - Form DEFR14A
- 4/12/24 - Form DEF
- 4/11/24 - Form 8-K
- SMR's page on the SEC website