Where Will NuScale Power Be in 1 Year?
NuScale Power (NYSE: SMR) is looking to mass produce small-scale modular-nuclear reactors. It would be a major step forward for nuclear power to have such a product. But building any nuclear power plant, large or small, is a complex task and highly regulated by the government. NuScale's next big hurdle on the way to the finish line will come in mid-2025.
The name Chernobyl still conjures up frightening images because of the nuclear plant meltdown that occurred there in 1986, more than three decades ago. Fukushima is a more recent example of the risks of nuclear power thanks to the meltdown that occurred in that Japanese city in 2011. Even Three Mile Island, despite not actually getting to the point of a meltdown, still raises eyebrows even though it happened in 1979.
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Source Fool.com
