NuScale Power

NuScale Power Corporation
	Headquarters in Portland, Oregon
Company type	Public
Traded as	NYSE: SMR
Industry	Nuclear power
Founded	2007 in Corvallis, Oregon, U.S.
Founders	Paul G. Lorenzini; José Reyes;
Headquarters	Portland, Oregon, U.S.
Key people	John Hopkins; (President & CEO)
Products	Small modular reactors
Revenue	US$11.8 million (2022)
Net income	US$−142 million (2022)
Total assets	US$349 million (2022)
Total equity	US$277 million (2022)
Number of employees	556 (2022)
Website	nuscalepower.com
	Footnotes / references;

NuScale Power Corporation is a publicly traded American company that designs and markets small modular reactors (SMRs). It is headquartered in Portland, Oregon. A 50 MWe version of the design was certified by the US Nuclear Regulatory Commission (NRC) in January 2023.^[3] The current scalable 77 MWe SMR VOYGR design was submitted for NRC review on January 1, 2023, and is currently about a third complete.^[4]

NuScale's SMR designs employ 9 feet (2.7 m) diameter by 65 feet (20 m) high reactor vessels that use conventional cooling methods and run on low enriched uranium fuel assemblies based on existing light water reactor designs. Each module is intended to be kept in an underground pool and is expected to produce about 77 megawatts of electricity. Its coolant loop uses natural convection, fed from a large water reservoir that can operate without powered pumps.^[5]

NuScale had agreements to build reactors in Idaho by 2030, but this was cancelled in 2023 due to the estimated cost having increased from $3.6 billion to $9.3 billion for a 460 MWe power plant.^[6]^[7]

^ "NuScale Power Corp. 2022 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 16, 2023.
^ Benshoff, Laura (June 30, 2022). "Nuclear power is gaining support after years of decline. But old hurdles remain". NPR.
^ Cite error: The named reference mittr-20230208 was invoked but never defined (see the help page).
^ "NuScale US460 Standard Design Approval Application Review". Nuclear Regulatory Commission. Retrieved December 17, 2023. dashboard ... Overall Review Progress: 31%
^ Parks, Bradley W. (December 14, 2021), "An Oregon company is going public to raise money for nuclear power ambitions", Oregon Public Broadcasting, retrieved May 7, 2023
^ Ridler, Keith (September 2, 2020). "US gives first-ever OK for small commercial nuclear reactor". Associated Press. Archived from the original on August 2, 2021.
^ Bright, Zach (November 9, 2023). "NuScale cancels first-of-a-kind nuclear project as costs surge". E&E News. POLITICO. Retrieved November 9, 2023.

[10K-1] "NuScale Power Corp. 2022 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 16, 2023.

[hopkins-2] Benshoff, Laura (June 30, 2022). "Nuclear power is gaining support after years of decline. But old hurdles remain". NPR.

[mittr-20230208-3] Cite error: The named reference mittr-20230208 was invoked but never defined (see the help page).

[nrc-us460-4] "NuScale US460 Standard Design Approval Application Review". Nuclear Regulatory Commission. Retrieved December 17, 2023. dashboard ... Overall Review Progress: 31%

[oregon-5] Parks, Bradley W. (December 14, 2021), "An Oregon company is going public to raise money for nuclear power ambitions", Oregon Public Broadcasting, retrieved May 7, 2023

[6] Ridler, Keith (September 2, 2020). "US gives first-ever OK for small commercial nuclear reactor". Associated Press. Archived from the original on August 2, 2021.

[eenews-20231109-7] Bright, Zach (November 9, 2023). "NuScale cancels first-of-a-kind nuclear project as costs surge". E&E News. POLITICO. Retrieved November 9, 2023.

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