#Are Small Modular Reactors unprofitable?

[empresa-journal]

Are Small Modular Reactors unprofitable?

Small modular nuclear reactors could be unprofitable. NuScale halted construction on a Small Modular Reactor (SMR) after a partner pulled out. NuScale (NYSE: SMR) and the Utah Associated Municipal Power Systems (UAMPS) terminated an agreement to build an SMR in Idaho, on 8 November 2023, a press release announces. The termination ends the Carbon Free Power Project (CFPP) which was building a 77…

[christinamac1]

Why NuScale Power Stock Slumped Today

By Rich Smith – Dec 2, 2024  https://www.fool.com/investing/2024/12/02/why-nuscale-power-stock-slumped-today/ Key Points GE Vernova is much bigger, with much more cash, and already profitable. CNBC reported on GE Vernova’s ambitions to dominate the building of small modular reactors. NuScale Power is a pioneer in this industry, but its business is small and unprofitable. Will GE Vernova…