Where Will NuScale Power Be in 5 Years?
NuScale Power (NYSE: SMR) is at the exciting forefront of the nuclear power industry. The entire sector is seeing a resurgence of interest as power demand continues to grow and the need for "base load power supply" (a minimum level of electricity consistently needed on a power grid) increases.
The next five years will be pivotal to NuScale Power's future.
From a big-picture perspective, NuScale Power is just a good idea right now. It has created a new nuclear reactor design that it is trying to get through the strict regulatory approval process. Unlike the existing nuclear reactors in operation that utilize giant (costly and hard-to-build) reactors, NuScale wants to build small-modular reactors (SMRs) that can be grouped together.
Source Fool.com
