Is NuScale Power Stock a Buy Now?

Group 1: Industry Overview - Breakthroughs in machine learning and AI are driving energy demands, particularly from data centers [1] - Nuclear power is gaining traction as a clean and reliable energy source, with commitments from countries to triple nuclear capacity by 2050 [2] - Major financial institutions are supporting nuclear energy as a sustainable power solution [3] Group 2: Small Modular Reactors (SMRs) - SMRs represent a significant advancement in nuclear energy, offering modular and scalable solutions that could reduce costs [4] - NuScale Power is a leading company in the SMR sector, aiming to meet the growing demand for clean energy [5][8] - Technology companies are increasingly investing in SMRs to meet their energy needs while achieving carbon neutrality [7] Group 3: NuScale Power's Developments - NuScale is the only company with a Standard Design Approval for its 50-megawatt electric SMR, providing a competitive edge [9] - The company is upsizing its SMR to 77 MWe, with NRC approval expected by July 2025, followed by a lengthy certification process [10] - NuScale's initial project costs have escalated significantly, from $3 billion to$9.3 billion, leading to project cancellations [11][12] Group 4: Investment Considerations - NuScale's technology has the potential to revolutionize nuclear power, making it accessible for various applications [13] - The company is currently pre-revenue, and the timeline for operational facilities is lengthy, posing risks for investors [14] - Despite the potential for growth, NuScale's lack of commercial operations makes it vulnerable to market volatility [15]