NuScale Power
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. The current scalable 77 MWe SMR VOYGR design was submitted for NRC review on January 1, 2023, and is currently about a third complete.
Headquarters in Portland, Oregon | |
| Company type | Public |
|---|---|
| NYSE: SMR | |
| Industry | Nuclear power |
| Founded | 2007 in Corvallis, Oregon, U.S. |
| Founders |
|
| Headquarters | Portland, Oregon, U.S. |
Key people | John Hopkins (President & CEO) |
| Products | Small modular reactors |
| Revenue | US$11.8 million (2022) |
| US$−142 million (2022) | |
| Total assets | US$349 million (2022) |
| Total equity | US$277 million (2022) |
Number of employees | 556 (2022) |
| Website | nuscalepower |
| Footnotes / references | |
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.
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.