Will Utah become a nuclear powerhouse some day?
The bill, HB249 by Rep. Carl Albrecht, R-Richfield, aims to position Utah as a player in energy innovation and foster plans for the future for microreactors or small modular reactor technology.
'We've got to start somewhere,' Albrecht told the committee.
'This will not be a plant tomorrow or the next day or the next year. This plant generation is going to be 10 to 15 years down the road, and hopefully technology improves and we generate power with zero carbon.'
Utah has been identified by the IdIdaho National Laboratory as a 'first mover' state in the arena of advanced nuclear technology deployment — just one of a handful. That designation means Utah, with its research universities and all of the above energy approach is an ideal candidate to deploy nuclear to not only tamp emissions but to aid in economic development. The Frontiers Project has been working closely with Utah's congressional delegation and state representatives, as well as Utah's office of Energy Development.
The state Legislature is serious about using that advantage and has taken out the notebooks and done some research.
Lawmakers toured the facility west of Idaho Falls and also made a trip to the White Mesa processing mill in San Juan County.
Albrecht was blunt when it came to meeting Utah's future energy needs, asserting multiple data centers want to locate here but Rocky Mountain Power lacks the capacity to meet their demand. Their solution is to get natural gas plants up and running to power their facilities, but in the long run, Albrecht said nuclear has to be part of the equation.
'So as you well know, energy production and security and reliability is a statewide issue. Utah is trying to get ahead of this. As you well know, we've got a lot of data centers that want to come to Utah. We're talking anywhere from 50 megawatts on up to 500 megawatts of power.'
Albrecht conceded the bill has a lot of moving parts and is a work in progress but he was adamant. 'We have to start somewhere.' He surmised it will be tweaked and changed and evolve over the years, likely long after he has left the legislature.
'Politicians are like diapers. They need to be changed once in awhile.'
He also conceded the failure of the NuScale small modular reactor planned at Idaho National Laboratory but later shelved due to costs for ratepayers of participating cities and districts. He received support, however, from the Utah Associated Municipal Power Systems which pursued the Carbon Free Power Project.
'Through the process of this, of our development of the project, we realized a number of the commercial considerations related to developing new nuclear in the state,' said Michael Suarez, government affairs director for UAMPS. 'You know at UAMPS we had many municipalities lead out on this issue. You know that with Utah's pioneering spirit, we can get this done, and we can get anything done as Utahns if we're collaborating and working together. '
The bill received other praise.
'We can move forward with a stronger, more reliable and sustainable energy future, specifically on nuclear. The nuclear consortium is created here will give us a leg up, bringing together the best minds. This bill is how Utah goes nuclear,' said Joel Ferry, executive director of the Utah Department of Natural Resources which oversees the state's energy development office.
Several critics, however, brought up health and safety concerns, recalling the fate of 'Utah downwinders' who suffered and died from above ground nuclear testing in Nevada.
Ava Curtis gave a detailed presentation about the rampage cancer has caused in her family and the serious danger posed by exposure to nuclear radiation.
'What I'm asking from the members of this committee is to take the time to fully understand the risks of nuclear energy and to make sure that those who have been impacted by nuclear energy are voiced in this new committee, this new group that's studying this, including members of the mountain Ute tribe from white Mesa who are affected, members of the Navajo Nation, and those who've been impacted by nuclear energy and uranium refinement, such as my own family. Our voices should be heard when making energy decisions for a community.'
Albrecht had his own story to tell, sympathizing with her about uranium mining during the Cold War era when his family worked in the uranium mines.
'I'm pretty close to nuclear and uranium because during the '50s and '60s, my dad had uranium mines on the San Rafael Swell. I was just a little, but I can remember going down to those mines. I had two brothers working in them, and some other relatives and people who worked for my dad, and he shipped that uranium, which was low grade uranium, to Grand Junction, Shiprock, and sold it to the U.S. government to build bombs with to end the Cold War,' Albrecht said. 'I had a brother die from cancer. Now I don't know if that was from working in the uranium mine, hauling the uranium in a truck, or from downwinders, and nobody will know to this day, but the cemeteries in southern Utah has already been alluded and they are full of people who died from cancer, all forms of cancer, because the government lied to us when they did the testing in Nevada. But we have comes a long way since then.'
Utah, he added, needs to be positioned to take the leap if nuclear promises carbon free power, safety and reliability. This he stressed, is a first exploratory step.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Chicago Tribune
17-07-2025
- Chicago Tribune
Trail and road improvements recommended to improve access to Porter Beach
Recommending trail and road improvements that would ease access for pedestrians and bicyclists to Porter Beach is the focus of an engineering firm's study presented Wednesday at the Porter Plan Commission meeting. The Butler, Fairman & Seufert firm of Merrillville was hired in 2022 after the town and the Indiana Dunes National Park obtained a $750,000 grant from the Federal Land Access Program. The study focused on improving connectivity from U.S. 20 north to Porter Beach. Porter is also working to extend its trail on Waverly Road north to U.S. 20, creating a link to its downtown area. Rob Albrecht-Mallinger, the plan commission's chairman, noted that with the South Shore railroad's track upgrade and the ongoing Marquette Greenway project, a trail that will one day stretch from Chicago to New Buffalo, Michigan, the town will see more tourism. 'Porter is extremely well-positioned to be in a web of multiple places to go and places to come from,' Albrecht-Mallinger said. The goal is to bring people into town with easy access to trails for use by pedestrians and bicyclists, Albrecht-Mallinger said. Alex Olesker of Butler, Fairman & Seufert envisioned executing the plan in three phases. He didn't share financial figures, but it will run into the millions of dollars. One major construction project would be installing a roundabout at U.S. 12 and Waverly Road, which Olesker said would probably cost around $4 million. The initial phase would be to put a multi-use trail from Porter Beach on the east side of Wabash Avenue to Roskin Road, crossing before the bend at Waverly Road and then installing a trail on the north side of State Park Road over to Indiana 49. There are currently no trails on Wabash Avenue to the beach, creating a hazardous situation where pedestrians and bicyclists are on the road. 'Getting down to Wabash from Waverly is really unsafe,' Albrecht-Mallinger said. The project's second phase would develop a trail on Waverly Road from U.S. 20 north to U.S. 12. 'A lot of people on Waverly Road are excited about a sidewalk, rather than having people walk up the road,' said Michael Barry, Porter's director of development and building commissioner. Barry said that N. Bailey Road could be used as a shared roadway for bicyclists and pedestrians to access the Dunes-Kankakee Trail, which runs parallel to Indiana 49 from the Indiana Dunes Visitor Center to the Indiana Dunes State Park entrance. The third phase would be to address the dangerous intersection of Waverly Road and U.S. 12, which has poor sight lines that contribute to crashes. Olesker said they are recommending a roundabout as the superior option to a traffic signal because it would slow traffic and eliminate the sight line issue. 'A traffic light would not solve the horizontal sight line issues, which are the main cause of accidents,' Olesker said. The Indiana Department of Transportation would be the main funding source and overseer of a roundabout project. Olesker said if the funding came earlier, the roundabout project could even coincide with the first phase. Jim Eriksson, a plan commission member, wondered if a roundabout would work because of all the semi-truck traffic on U.S. 12. 'I am really more concerned about the road and the roundabout, because I don't know how you would get a semi into a roundabout,' Eriksson said. But Andrea Langille, an engineer from Butler, Fairman & Seufert, said that roundabouts are designed to be capable of handling semi-truck traffic. The pedestrian/bicyclist path crossing would be placed just east of the roundabout, Olesker said. Breanna Heath, a bicyclist, said she would never attempt to cross there without a traffic signal. 'I would avoid that whole mess. It's way too scary,' Heath said. She noted that State Park Road or the Calumet Trail, which runs north of the South Shore tracks and is part of the Marquette Greenway, would be a better alternative. But Olesker noted that a roundabout would slow down traffic considerably. 'Right now, that's an uncontrolled intersection. Speeds are high,' Olesker said. The last phase of the project would be to widen portions of Waverly Road between U.S. 12 and State Park Road. Olesker said that much of the pedestrian path would have to be a boardwalk because it is a wetland and the Dunes Creek runs through that parcel. All of the projects would require the acquisition of 17 acres of right-of-way. However, Olesker said that 14 of the acres identified are owned by the Indiana Dunes National Park. Another recommendation would be to install a 'Smart Parking' system at Porter Beach, which would be linked to an electronic board that would inform motorists about the parking lot availability. Overcrowded conditions at Porter Beach and the neighboring Indiana Dunes State Park are an ongoing issue during the summer. Porter Police are frequently called in to help direct traffic. Barry said that there have been discussions about a shuttle bus that would transport people to the beach, reducing the number of vehicles.
Yahoo
16-07-2025
- Yahoo
NuScale Power Corporation (SMR): A Bull Case Theory
We came across a bullish thesis on NuScale Power Corporation (SMR) on r/wallstreetbets Subreddit by drewbaseball. In this article, we will summarize the bulls' thesis on SMR. NuScale Power Corporation (SMR)'s share was trading at $35.88 as of 3rd July . A Nuclear power plant with all its safety & security protocols in place. NuScale Power presents a rare convergence of regulatory positioning, political momentum, and corporate necessity, creating what could be one of the most compelling asymmetric investment opportunities of the decade. At the heart of the thesis is the anticipated announcement of a strategic partnership between NuScale and Apple, projected within a 1–45 day window from June 26, 2025. Apple's $500B AI infrastructure expansion demands massive baseload energy, and unlike peers, it lacks a nuclear partner. NuScale, as the only Nuclear Regulatory Commission-certified SMR provider with manufacturing capacity, stands uniquely positioned to fulfill this need. Political tailwinds from Trump's executive orders, aimed at catalyzing private-sector nuclear partnerships and fast-tracking deployments, further strengthen the case. The 44-day insider blackout at Apple and the 27-day blackout at NuScale—timed immediately after regulatory approval—mirror institutional behavior typically seen before major announcements. If a partnership materializes, a 200–300% stock appreciation is likely, with upside to 400–500% if a broader nuclear narrative unfolds. Even in a bear case, downside appears limited given NuScale's modest current valuation. Supporting evidence includes insider positioning, manufacturing readiness through Doosan, and a shareholder base aligned with strategic execution. Technical validation adds further confidence, with an ascending triangle pattern forming over several weeks and aligning with known catalysts, such as July 4's symbolic timing for political wins. The pattern's volume compression and institutional accumulation indicate market participants may already be positioning for this outcome. With multiple success pathways—Apple, other hyperscalers, or broader nuclear adoption—this setup offers an exceptional risk/reward skew, justifying an overweight rating and a $120 price target within 12 months. Previously, we covered a bullish thesis on NANO Nuclear Energy Inc. (NNE) by Charly AI in May 2025, which highlighted the company's vertically integrated microreactor strategy, government-aligned positioning, and a top-tier technical team. The company's stock price has appreciated by approximately 29% since our coverage. This is because investor enthusiasm for nuclear-adjacent AI infrastructure has grown. Drewbaseball shares a similar thesis but emphasizes NuScale's near-term partnership potential with Apple and its certified readiness, adding an event-driven catalyst to the nuclear narrative. SMR isn't on our list of the 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the risk and potential of SMR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-07-2025
- Yahoo
The Best Nuclear Stock to Invest $1,000 in Right Now
Investors have been flocking to profitless nuclear start-up stocks like Nano Nuclear, NuScale, and Oklo. Fluor owns a majority stake in NuScale -- and is profitable in and of itself. Fluor also generates substantial free cash flow, and is valued attractively relative to both forward earnings and current free cash flow. 10 stocks we like better than Fluor › President Donald Trump says he wants the U.S. to quadruple its nuclear power output by 2050, from 100 gigawatts to 400 gigawatts. In May, he signed four executive orders aimed at accelerating the development of new nuclear power plants in the United States. Among other things, those orders direct: The Nuclear Regulatory Commission to approve or deny new nuclear reactor licenses within 18 months of receiving applications (an acceleration from the current timeline of about five years). The creation of a pilot program that would have three new experimental reactors approved and operating by July 4, 2026 -- less than 12 months from now. The Department of Energy (DOE) to begin deploying advanced small modular nuclear reactors at DOE-owned locations by the end of 2027. The Pentagon to have at least one nuclear reactor operational on a military base by September 2028. The DOE to generally improve the nation's nuclear supply chain, including by promoting domestic enrichment of uranium, both U.S.-mined and imported. If all of this makes you think that now might be a good time to invest in nuclear power stocks, well, you're not alone. Three start-up nuclear companies developing "micro" and somewhat larger "small" modular nuclear reactors -- Nano Nuclear Energy (NASDAQ: NNE), NuScale Power (NYSE: SMR), and Oklo (NYSE: OKLO) -- have all outperformed the S&P 500 over the past year. Nano's outperformance is currently the smallest, but NuScale for example is up 160% in 52 weeks, and Oklo's stock is up more than 620%. By comparison, nuclear power plant builder Fluor (NYSE: FLR) stock's performance has been relatively tame. Up 19% over the past year, it has also outperformed the S&P 500. But if you ask me, Fluor stock should actually be doing much better than these smaller companies, because its valuation is so much cheaper ... especially relative to its earnings. If you've got $1,000 or so lying around, and have been wanting to put it to work in a nuclear stock, Fluor just might be the one you've been waiting for. Last week, I went so far as to call Fluor "the smartest nuclear stock" money could buy. I came to this conclusion based on the fact that Fluor owns a majority interest in small modular reactor builder NuScale, yet has a smaller market capitalization than NuScale's $10.3 billion implied market cap (according to the latest data from S&P Global Market Intelligence), as well ass Fluor's track record of being profitable for the past three years. Contrast that with NuScale, Oklo, and Nano Nuclear, all of which remain unprofitable. The consensus view among analysts covering Fluor is that it will earn $470 million in 2026, nearly $530 million in 2027, and $638 million in 2028. Its 2024 and projected 2025 earnings are abnormally much higher and much lower, respectively, than these numbers. But assuming analysts are correct that Fluor's earnings volatility will finally settle down starting next year, $470 million in earnings on an $8.7 billion market cap values Fluor stock at only 18.5 times forward earnings. This seems a reasonable price to me, given the steady earnings growth analysts are predicting. Speaking of earnings, earnings quality for the company is good, with real free cash flow (FCF) largely backing up the GAAP numbers on Fluor's income statement. Analysts forecast it will generate positive free cash flow of $343 million already this year, making the price-to-free-cash-flow ratio 25. Back out the net cash on its balance sheet, and Fluor's enterprise-value-to-FCF ratio drops to just 21. Analysts expect its FCF to grow by more than 20% annually for at least the next three years, to $598 million by 2028. That puts it very close to an EV/FCF/growth ratio of 1.0, which would qualify Fluor stock as a value stock. And if you further subtract out the value of Fluor's NuScale stake, I'd argue that it's cheap enough to make the company more like a deep value stock. When compared to most nuclear companies that aren't earning any profits at all, this cheap valuation makes Fluor not only one of the best ways to play the nuclear power renaissance, but a just plain cheap stock to invest in, period. Before you buy stock in Fluor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Fluor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 14, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends NuScale Power. The Motley Fool has a disclosure policy. The Best Nuclear Stock to Invest $1,000 in Right Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data