NuScale Power

NuScale Power is an American company focused on developing and commercializing small modular nuclear reactor (SMR) technology. Founded in 2007, the company emerged from research supported by the U.S. Department of Energy and conducted by experts at Oregon State University and the Idaho National Laboratory. The NuScale Power Module™ is a key innovation, offering a compact and scalable reactor design that is safer and more cost-effective than traditional nuclear plants. NuScale's SMR technology is the first small modular reactor design approved by the U.S. Nuclear Regulatory Commission, allowing for commercial deployment worldwide. The company provides a complete nuclear power plant design based on its modular reactors, which can be used for various applications, including carbon-free electricity generation and clean hydrogen production. Notable projects include the Carbon Free Power Project, which will feature six NuScale Power Modules in partnership with Utah Associated Municipal Power Systems. NuScale has garnered significant investment, particularly from Fluor Corporation, and went public in 2022. The company is committed to delivering innovative energy solutions that support a sustainable future.