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H2R

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H2R

Re: None

Wednesday, 03/27/2024 6:12:32 PM

Wednesday, March 27, 2024 6:12:32 PM

Post# of 97
Holtec deal & potential NuScale fallout
https://www.reuters.com/business/energy/holtec-gets-152-bln-loan-us-restart-nuclear-power-plant-2024-03-27/

The company also plans to build what will be its first two small modular reactor (SMR) units at the site, which will not be part of the project that is eligible for the loan.

NuScale's SMR technology is the only one to have received design certification from the U.S. nuclear power regulator last year. But the company has faced cost and subscription issues and had to shelve one of its SMR projects.



SMR submitted a modified design. Could be approved in 2025, which might work for this planning.

Anticipate July 2025 approval; NuScale sees no perceived
challenges to achieving this timeline


p.4 of investor pres. https://www.nuscalepower.com/-/media/nuscale/pdf/investors/2023/smr-4q23-presentation.pdf


Best of luck with your investments!
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