TVA News & Analysis
2 articles
Market Mood
NuScale Power (SMR) Awaits Key Customer Commitment for Growth
NuScale Power (NYSE: SMR) is the only developer approved by U.S. regulators to build a small modular reactor (SMR) facility. The company has signed a non-binding agreement with the Tennessee Valley Authority (TVA) for a 6-gigawatt SMR facility. A critical next step is for TVA to sign a power purchase agreement (PPA), which would confirm long-term power sales from the project. With NuScale's shares down 40% this year, the outcome of the PPA will significantly impact investor confidence and stock valuation in the coming years.
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NuScale Power (SMR) Faces Delays on $10 Trillion Opportunity
NuScale Power (SMR) is pursuing a $10 trillion opportunity but has faced significant delays. The company is projected to have its first nuclear plant operational by 2030 at the earliest, a shift from its 2019 estimate of 2027. Currently, it holds the only permit to build a small modular reactor (SMR) in the U.S., but there have been cancellations in its order pipeline. Additionally, in 2025, NuScale reported a net loss of $664 million, the largest in its history, indicating ongoing financial challenges.
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