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Small Modular Reactors (SMRs) are the future of the nuclear energy sector. Investors are turning to small modular reactor stocks in hopes that they can ride this wave...

By Henry Sokolski | November 14, 2023, https://thebulletin.org/2023/11/a-small-modular-reactors-demise-calls-for-big-change-in-energy-department-policy/ NuScale Power Corp., which is developing America’s flagship small modular reactor (SMR), has lost its only firm utility customer, the Utah Associated Municipal Power System. That utility pulled the plug last week on the project just days after Iceberg Research, a financial advisory firm, urged investors to short sell NuScale (that…

NuScale Power Corp., which is developing America’s flagship small modular reactor, has lost its only firm utility customer, even though the US Energy Department had already given NuScale hundreds of millions in grants. How could this happen? Simple: The Energy Department overrode market signals, went all in on SMRs, and stuck US taxpayers with the tab.

The growing reawakening of enthusiasm for nuclear powered electricity has been a remarkable development over the past 10 years.