NUSCALE POWER ($SMR): A FAKE CUSTOMER AND A MAJOR CONTRACT IN PERIL CAST DOUBT ON NUSCALE'S VIABILITY « nuclear-news
As of now, there are only two operational SMR plants in the world — located in Russia and China — and both have experienced cost blowouts and delays. NuScale claims approximately 680 issued and pending global patents. But the company does not have an operational SMR and the only revenue it generates comes from the reimbursement of…