The Nuclear Regulatory Commission has approved NuScale Power’s 77 MW SMR design. (Energy Intelligence)
NuScale is the only US company with an approved SMR design, and it wants to be the first to deploy one stateside by the end of the decade. Its latest design is meant to be more commercially competitive than earlier versions.
Worth noting: NuScale cancelled its first project in 2023 due to rising costs, even with $1.35 billion in federal funding over 10 years.