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Global SMR expansion and NuScale financial volatility

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2026-07-28 08:54 UTC → 2026-08-10 21:53 UTC · added removed

Global SMR development – expansion and NuScale stock slump financial volatility

SMR activity continues to expand across Europe and is expanding globally, with the United States. The Czech Republic deepened deepening its Rolls‑Royce Rolls-Royce partnership with ČEZ for up to three GW at Temelín, using Škoda JS components. and South Korean cooperation. In the U.S., Elementl Power selected GE Vernova’s BWRX‑300 for a 1.5 GW Ohio project, planning a 600 MW block by 2030. The United Kingdom advanced several programmes: UK, Great British Energy secured nearly £900 million for three Rolls‑Royce reactors at Wylfa; EDF and Holtec proposed four SMR‑300 units at the former Cottam coal site; and Polish billionaire is pursuing a £1.08 billion procurement contract, while Michał Sołowow’s SGE announced plans a 4.2 GW £35 billion fleet of fourteen BWRX‑300 reactors across three UK sites, targeting first output by 2034 under a £35 bn plan. Fluor launched NuScale SMR Services to standardise EPC support 14 BWRX-300 reactors. In the US, the Department of Energy is providing significant funding for NuScale’s pressurised‑water modules. deployment and exploring the use of surplus plutonium as fuel through the Surplus Plutonium Utilization Program, a move that has sparked proliferation concerns. NuScale Power, the only U.S. NRC‑approved US NRC-approved SMR design, posted designer, has faced severe financial volatility. Despite a Q1 loss massive stock decline of $78.3 million approximately 85% since mid-2025 and reiterated a goal to secure a binding contract within a year. In July 2026 the company’s shares fell further, dropping 29 % in the first half of plummeting revenues, the year after reporting company recently announced it has met preconditions for commercial deployment. Key focus remains on a $690 million operating loss and revenue of $0.5 million. The flagship Romanian SMR potential 6-GW project was pushed back to 2034, and Fluor’s sale of its entire stake for $2.4 billion added to investor unease. Although with the stock briefly rose Tennessee Valley Authority to $8.92, analysts remain divided, with price targets ranging from $9 meet rising AI-driven electricity demand. Other market developments include Holtec Nuclear filing for a US IPO to $15 fund its SMR-300 program and a market value near $3 billion, reflecting Standard Nuclear launching an 85 % decline since mid‑2025. A potential catalyst is a pending 6‑GW SMR power‑purchase agreement with a major northeastern U.S. utility expected by IPO for its TRISO fuel manufacturing. While the end sector faces challenges regarding supply chains and financing, increasing demand from data centers and legislative support, such as Colorado’s classification of 2026. nuclear as clean energy, continues to drive momentum.

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  1. 2026-08-10 21:53 UTC Global SMR expansion and NuScale financial volatility
  2. 2026-07-28 08:54 UTC Global SMR development – NuScale stock slump

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