NuScale Power, a small modular reactor developer, aims to deploy up to 6 gigawatts of power capacity by 2030 with its partner ENTRA1 Energy. This plan involves using 72 modules and could be one of the largest nuclear deployment plans in US history. The first plant under this program will use around 12 modules and is expected to deliver power as early as 2030.
The company’s small modular reactors can provide a steady power supply for data centers, AI workloads, advanced manufacturing, and critical infrastructure that require constant power. NuScale Power is also working on cost control by collaborating with Oak Ridge National Laboratory to study AI-guided nuclear fuel management.
However, execution risks remain due to the lack of binding power purchase agreements (PPAs) for the 6GW plan. The timeline depends on coordinated progress across engineering, licensing, supply chain planning, and customer decisions.
NuScale Power faces stiff competition from companies like Oklo and Constellation Energy in the nuclear energy industry. The company’s stock has declined 65.1% in the past six months due to high valuations.
The article also highlights the growing demand for clean energy driven by the rapid growth of AI data centers, which is fueling the need for reliable and constant power supply.
Source: https://www.tradingview.com/news/zacks:fe2a29a5e094b:0-smr-targets-72-modules-with-entra1-is-deployment-on-track-for-2030