NuScale Advances Small Modular Reactor Technology and Project Development
Key Ideas
  • NuScale is in discussions with various entities for potential small modular reactor deals and has ordered materials for future projects.
  • The company's technology is attracting broad customer interest due to its versatility in supporting multiple industries and grid use cases.
  • NuScale's reactors can enhance grid resiliency, support microgrids, firm up renewables, and aid in the production of clean hydrogen.
  • Despite challenges in finalizing deals with U.S. customers, NuScale remains optimistic about landing major agreements in the near future.
NuScale, a nuclear technology company, is making significant advancements in its small modular reactor technology and project development. The company is engaged in commercial dialogue with various stakeholders for potential deals and has taken steps like ordering long-lead materials to prepare for future projects. NuScale's technology has garnered broad customer interest, offering solutions for grid resiliency, microgrid support, renewable integration, and hydrogen production. The company is exploring partnerships in multiple industries, including data centers, carbon capture, water desalination, and clean energy production. NuScale is also eligible for tax credits for clean hydrogen production, providing additional incentives for potential customers. While facing complexities in finalizing agreements with U.S. data center operators and industrial customers, NuScale remains confident about securing deals in the near term. The company's ongoing efforts in seeking regulatory approval and expanding its partnerships showcase a positive outlook for the future of small modular reactors in the energy sector.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.