Latest news with #modularreactors
Yahoo
7 days ago
- Business
- Yahoo
Should You Buy NuScale Power While It's Below $45?
NuScale Power is attempting to build a business around small-scale modular nuclear reactors. Nuclear power has seen increasing support as it doesn't produce greenhouse gases. Wall Street has pushed NuScale Power's price up sharply over the past year. 10 stocks we like better than NuScale Power › NuScale Power (NYSE: SMR) doesn't generate material revenue from its core business focus. But that could change in very short order if the nuclear power company gets positive news from its first potential customer. Whether or not NuScale Power is a buy at its current $45 stock price will depend greatly on the outcome of one big decision. Here's what you need to know before buying shares of NuScale Power. If you look at how NuScale Power is generating revenue today, you would think the company was a consultant to the utility industry. That's because, at the moment, its $13.4 million in first-quarter 2025 revenue is almost entirely derived from consulting services being provided to RoPower, a Romanian utility. Notably, NuScale Power only generated $1.4 million in revenue in the same quarter of the prior year, so there was a huge uptick in activity. That's important because NuScale Power isn't a consulting firm. It is attempting to build a business around manufacturing and selling small modular nuclear reactors, or SMRs. The benefits offered by SMRs compared to large, site-built nuclear reactors are many. Factory-constructed SMRs are expected to be less costly, relatively easy to transport to where they are needed, located closer to population centers, and safer to operate. It is a compelling opportunity, and NuScale Power is well along in the process of selling an SMR. However, it hasn't sold one yet. RoPower is its first potential customer, and NuScale Power's revenue is ied to the final studies RoPower is conducting as it makes the go/no go decision. That decision is currently expected to be finalized in the first half of 2026. The 52-week high for NuScale Power's stock is roughly $45. The shares have pulled back a little from that price but are still up notably over the past year. To put a number on that, the stack has rallied more than 300% over the past 12 months. So, the real question here is whether or not NuScale Power is worth buying after a big rally that has pushed the stock to 52-week and all-time highs. NuScale Power is quite optimistic about its future, which isn't surprising. But it is putting its money where its mouth is, having pre-ordered parts for the six SMRs that will be needed if the RoPower project gets the green light. But that's not all; it has also ordered parts for six additional reactors. These parts are ones that require long lead times to produce. It wouldn't make financial sense to do so unless NuScale Power was fairly confident that it would get 12 SMR orders sometime in the very near future. Given the swift stock price advance, it seems like Wall Street is fairly positive, too. That, interestingly enough, has been an assist to NuScale Power, which raised roughly $100 million in capital via stock sales in the first quarter. That will dilute current shareholders, of course, but the extra cash should help the company survive until the point when it has its first official customer lined up. Once it has that agreement in place, the next customers are likely to be easier to sign up. Investors are likely pricing in a lot of good news, with NuScale Power's shares trading near their all-time highs. Aggressive investors might be willing to pay up now for the long-term opportunity that this upstart nuclear power company offers. However, most will probably be better off waiting until there's more clarity on the first SMR sale. Indeed, if the RoPower sale falls through, the stock would likely fall, perhaps in a material way. Assuming the opportunity for SMRs is as big as it seems, holding off until NuScale Power has reached the key milestone of selling its first SMR will probably still leave investors with a huge long-term opportunity. Before you buy stock in NuScale Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and NuScale Power 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 $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% 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 June 23, 2025 Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool recommends NuScale Power. The Motley Fool has a disclosure policy. Should You Buy NuScale Power While It's Below $45? 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
Sustainability Times
12-06-2025
- Science
- Sustainability Times
'China Leaves West in the Dust': Its Small Nuclear Reactor Leap Puts Beijing Years Ahead in the Future of Clean Energy
IN A NUTSHELL 🔋 Linglong-1 is a compact nuclear reactor capable of powering 526,000 homes annually, highlighting China's innovation in small modular reactors . is a compact nuclear reactor capable of powering 526,000 homes annually, highlighting China's innovation in . 🌍 The reactor aims to reduce carbon emissions significantly, equivalent to planting 7.5 million trees, showcasing the potential for sustainable energy . . 📈 As part of China's 14 th Five-Year Plan, Linglong-1 underscores the country's commitment to clean energy and technological advancement. Five-Year Plan, Linglong-1 underscores the country's commitment to and technological advancement. 🌐 China's ambition extends globally, positioning Linglong-1 as a model for international adoption in the pursuit of reducing fossil fuel dependency. China is leading the charge in the world of nuclear energy with its groundbreaking Linglong-1 modular reactor. As nations grapple with climate change and energy demands, China's innovation in this field is not just an achievement but a signal of a significant shift in power dynamics. The Linglong-1, a compact nuclear reactor, promises to deliver an impressive one billion kilowatt-hours annually, enough to power 526,000 homes. This is a testament to the potential of small modular reactors (SMRs) in revolutionizing how we approach sustainable energy. With Linglong-1, China is not only setting a new standard but also challenging the West to keep up. The Technological Marvel of Linglong-1 In the world of nuclear energy, size does not always equate to power. The Linglong-1, with its compact design, embodies this truth. This small modular reactor (SMR) is not much larger than a small convenience store, yet it possesses the capability to generate substantial power. The 125,000-kilowatt reactor is poised to deliver a remarkable one billion kilowatt-hours per year. Such innovation underscores China's commitment to pushing the boundaries of nuclear technology. Importantly, the Linglong-1 isn't just about power; it's also about adaptability. Designed to fit into varied landscapes, it can be deployed in remote areas, industrial centers, and even mining sites, making it a versatile solution for regions in need of efficient energy sources. Moreover, the safety features of this reactor are noteworthy. Unlike traditional reactors, the Linglong-1 boasts a passive safety system. In the event of a malfunction, the reactor is designed to shut down autonomously, eliminating the need for human intervention. This feature not only enhances safety but also builds public trust in nuclear technology. By pioneering such advancements, China is setting a new benchmark in nuclear reactor design, signaling a shift towards more secure and sustainable energy solutions. 'U.S. Navy on High Alert': China's Fleet of 6 Supercarriers Triggers Global Tensions and Redefines Sea Power Balance A Strategic Component of China's Energy Plan The development of Linglong-1 is not an isolated project but a strategic element of China's broader energy ambitions. It fits seamlessly into the country's 14th Five-Year Plan (2021-2025), which emphasizes clean energy and technological innovation. China's focus on SMRs aligns with its objectives to reduce carbon emissions and combat climate change. The commitment to nuclear power is part of a larger strategy to diversify energy sources and enhance self-reliance in energy production. Interestingly, the international community has taken note of this progress. In 2016, the International Atomic Energy Agency (IAEA) validated the safety of the Linglong-1 project, endorsing China's approach to next-generation nuclear technology. As the world shifts towards sustainable energy, China's leadership in SMRs could redefine global energy policies. By investing in cutting-edge nuclear technology, China is not only addressing domestic energy needs but also positioning itself as a leader in the global energy market. This strategic positioning strengthens China's influence and sets a precedent for other nations to follow. 'Reactor Has a Mind Now': U.S. Nuclear Plants Given Digital Twins That Predict Failures Before They Even Exist Environmental Impact and Global Implications The environmental benefits of Linglong-1 are substantial. By deploying this reactor, China aims to cut carbon dioxide emissions by 880,000 tons annually. This reduction is equivalent to planting 7.5 million trees, illustrating the significant environmental impact of SMRs. The reactor offers a clear message: nuclear energy can coexist with environmental stewardship. As the world seeks to mitigate the effects of climate change, China's advancements in nuclear technology provide a compelling case for incorporating nuclear power into the renewable energy mix. Globally, the introduction of Linglong-1 has far-reaching implications. Many countries face the challenge of moving away from fossil fuels while ensuring energy security. The modular design and scalability of SMRs make them an attractive option for nations looking to transition to cleaner energy. China's success with Linglong-1 could inspire other countries to invest in SMR technology, potentially leading to a worldwide shift in energy production methods. As countries look to China for guidance, the Linglong-1 project represents a pivotal moment in the evolution of nuclear energy. 'Elon Musk Left in the Dust': China Crushes U.S. Dreams by Fixing the Fatal Flaw That Killed the Hyperloop Once and for All China's Ambitions Beyond Its Borders China's vision for Linglong-1 extends beyond its domestic energy market. The country is keen to export this technology, making Linglong-1 a model for global adoption. Many nations are exploring alternatives to coal and other fossil fuels, but the cost and complexity of traditional nuclear reactors pose challenges. SMRs like Linglong-1 offer a feasible solution, being more cost-effective and easier to integrate into existing energy infrastructures. The potential for international cooperation in SMR technology is immense. Countries that once hesitated to invest in nuclear power may find the affordability and safety of SMRs appealing. As China seeks to establish itself as a leader in nuclear technology, the successful deployment of Linglong-1 could pave the way for collaborative efforts in energy innovation. The question remains: will other countries embrace this nuclear revolution, or will China's advancements widen the gap in global energy leadership? The advent of the Linglong-1 marks a new chapter in the narrative of nuclear energy. This pioneering reactor not only showcases China's technological prowess but also offers a glimpse into the future of sustainable energy. As nations grapple with climate change and energy security, the role of SMRs in the global energy landscape is poised for expansion. Will the world follow China's lead in embracing modular nuclear technology, or will it chart its own course in the quest for sustainable energy solutions? Our author used artificial intelligence to enhance this article. Did you like it? 4.3/5 (23)
Bloomberg
10-06-2025
- Business
- Bloomberg
Rolls-Royce Nuclear May Eventually Top £10 Billion, Analyst Says
The UK's decision to pick Rolls-Royce Holdings Plc for the development of its first small modular reactors may lead to a nuclear business worth £10 billion ($13.5 billion) in the next few years, according to a Morgan Stanley analyst. It's a long-term and speculative forecast by analyst Ross Law, who currently estimates the value of the Rolls-Royce business at about £1 billion. Shares in the London-based company, best known for its commercial aircraft engines, rose to a record high on the news before retreating.
The Guardian
10-06-2025
- Business
- The Guardian
Rolls-Royce named winning bidder for UK small nuclear reactors
Rolls-Royce has won a competition to be the first company to try to build small modular nuclear reactors in the UK, as part of a government effort to push Britain to the frontier of nuclear energy technology. The UK's Great British Energy on Tuesday announced Rolls-Royce as the preferred bidder for the programme, after a drawn-out competition that pitted the FTSE 100 manufacturer against two US-owned companies. The announcement came as part of a broader push for nuclear power by the government, as it promised to invest £14.2bn to build the large Sizewell C power station in Suffolk. The nuclear investments will form a key part of the spending review due to be announced by chancellor, Rachel Reeves, on Wednesday, as the government tries to shift attention from a U-turn on winter fuel payments for pensioners. Sizewell C will produce 3.2 gigawatts (GW) of power, enough to power about 6m homes. By contrast, Rolls-Royce's small modular reactors (SMRs) will provide about 470 megawatts each. A separate government release said SMRs would collectively generate up to 1.5GW of electricity, suggesting that Rolls-Royce will be granted permission to build at least three SMRs. The crucial difference between large plants like Sizewell C and the mini nuclear sites is that SMRs will mostly be built to a single design on a factory line, rather than individually on-site. Those factory-built 'modules' will then be fitted together at the site, in an effort to make the construction of nuclear plants cheaper, less complex and less prone to the hugely costly delays that have plagued the Hinkley Point C plant. The SMR approach is unproven, with no sites yet fully operational anywhere in the world. However, Rolls-Royce has argued that the pressurised water reactor technology it has chosen is well understood, and will allow it to start generating power by 2032 at the earliest. Datacentres for tech companies are a key target customer. Ed Miliband, the energy secretary, said: 'We are ending the no-nuclear status quo as part of our plan for change and are entering a golden age of nuclear with the biggest building programme in a generation.' The government did not reveal the locations of the first UK SMRs, which some in the industry had hoped for to speed the process along. They are likely to be sited beside retired nuclear power stations such as Oldbury in Gloucestershire and Wylfa in north Wales. Derby-based Rolls-Royce beat competition from the US companies Holtec and GE Hitachi, while the Canadian-owned Westinghouse dropped out of the competition earlier. Rolls-Royce's SMR subsidiary, which is part-owned by Qatar's sovereign wealth fund, was always considered by far the favourite, but the decision will nevertheless represent a further boost for the company, whose share price hit a record high this month, making it Britain's biggest manufacturer by market value. The company has benefited from the recovery in demand for its jet engines, the increase in defence spending prompted by Russia's invasion of Ukraine, as well as efforts to renegotiate contracts by the chief executive Tufan Erginbilgiç. Sign up to Business Today Get set for the working day – we'll point you to all the business news and analysis you need every morning after newsletter promotion Erginbilgiç said: 'This is a very significant milestone for our business and Rolls-Royce SMR. It is a vote of confidence in our unique nuclear capabilities, which will be recognised by governments around the world.' The government said the move will create 3,000 jobs at the peak of construction, grow regional economies and strengthen energy security. It will aim for 70% of the parts to be based in the UK, although the delay has already meant that Rolls-Royce has chosen a non-UK supplier for crucial pressure vessels. Reeves said: 'The UK is back where it belongs, taking the lead in the technologies of tomorrow with Rolls-Royce SMR as the preferred partner for this journey.' Tom Greatrex, the chief executive of the Nuclear Industry Association, said it was 'a hugely significant moment for Rolls-Royce SMR and for the British nuclear programme', highlighting the potential for exports of the technology. While the UK is due to get the first reactor, Rolls-Royce has already agreed to produce an SMR in the Czech Republic, and it is in the final two in a competition in Sweden.
Reuters
03-06-2025
- Business
- Reuters
Newcleo teams up with Slovakia's JAVYS to develop advanced nuclear reactors
MILAN, June 3 (Reuters) - Nuclear start-up Newcleo has agreed to set up a joint venture with Slovakia's JAVYS on the use of spent nuclear fuel, the company founded by Italian physicist Stefano Buono said on Tuesday. The announcement came after Italian Prime Minister Giorgia Meloni hosted a meeting in Rome with her Slovak counterpart Robert Fico. Newcleo is developing small modular reactors powered by reprocessed nuclear waste. The company aims to build so-called lead-cooled fast reactors (LFRs) that will enable Slovakia's spent nuclear fuel to be used as propellant. The newly established joint venture, in which JAVYS will hold a 51% stake and Newcleo the remaining 49%, will focus on constructing four LFR reactors at the Jaslovské Bohunice site in Slovakia. "This project will not only strengthen our energy security but it will also create hundreds of qualified jobs and can attract significant investments to Slovak industry," JAVYS Chairman Peter Gerhart said in a statement.
