NuScale Power Corp (SMR)

[ToucanYoucan]

$SMR - Added all last week, were having a nice start to the week!

[ToucanYoucan]

$SMR - I added the whole month of May - yesterday was whacked out!
I'm going to keep adding this month too.

[1hot toddy]

BIG BUYS AFTER MARKET UP TO 8.08 AND GETTING HIGHER $$$$$$$

[Termite7]

Very interesting!!!

[GoldRu$$H]

Does that mean my order for 2500 @ $0.14 will not fill?😪

[1hot toddy]

GREAT NEWS TECHNICAL ISSUE $$$$$$$$$$$$$$$$$$

[1hot toddy]

wtf?/ form 4 on 28th shows 2 insiders buying 11000 shares each

[gapole]

halted...from .13 to 6.08

[1hot toddy]

2- 98K SHARE BUYS $$$$$$$$$$$$$$$$$6

[GoldRu$$H]

https://www.reuters.com/world/us/white-house-support-new-nuclear-power-plants-us-2024-05-29/

[GoldRu$$H]

https://www.msn.com/en-us/money/markets/nuscale-power-surges-as-koreas-doosan-reportedly-to-supply-nuclear-equipment/ar-BB1ncykH?ocid=BingNewsSerp

[GoldRu$$H]

https://www.power-eng.com/nuclear/smr-market-expected-to-reach-295bn-by-2043-shows-report/#gref

[GoldRu$$H]

https://www.datacenterdynamics.com/en/news/norsk-kjernekraft-wants-to-build-small-module-nuclear-reactors-at-norways-data-centers/

[GoldRu$$H]

https://internationalbanker.com/news/small-modular-reactors-are-paving-the-way-for-nuclear-energys-renaissance/

[H2R]

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!

[GoldRu$$H]

Q4 and Full Year 2023 Conference Call.

[GoldRu$$H]

https://www.tradingview.com/news/investorplace:0cee2fcf4094b:0-smr-stock-earnings-nuscale-power-misses-eps-misses-revenue-for-q4-2023/

[GoldRu$$H]

https://finance.yahoo.com/news/nuscale-power-corp-smr-reports-213242111.html

[H2R]

From the CC, a couple of snippets from John Hopkins.

One way to understand SMR:

We're very, you know, we're -- one thing we've done is a lot of monies with the $1.8 billion that's been invested in NuScale, a lot of that monies was de-risk in our module in actually scaling up and modeling to where a lot of it's off the shelf. And as we mentioned before, our fuel comes from traditional conventional fuel. Also from a supply chain, we continue to build out, but I was just with, this is John Hopkins, with the CEO of Doosan, as I mentioned during the script, that they made significant progress, anticipating the future of modules. Because as you know, our model is predicated not just to do a one-off project. These are fungible assets. We're going to build them in a factory and ship them.

And so right now, we're pretty confident we'll keep up to demand as it comes in. But we're also very cognizant, we're not going to overextend our capacity to execute, which is very key. So, with our strategic partners, and the beauty of these strategic partners in Japan and Korea and the U.S., not only the suppliers or OEMs, but they're also investors. So they're taking a holistic view, not looking at a one-off, which affords us very competitive rates from that, because the way we operate is that these suppliers recognize they have to be commercially viable. It's just not viable. They're just not given that work will come that way.

So I was just with the CEO of Doosan, my team. We're just out in Japan. And we stay in regular contact. And we continue to build our supply chain out both locally within the U.S. and international.

On the market outlook:

Well, let me just say, you know, this time last year when we talked it was all about coal refurbishment working with utilities and it quickly became more process oriented where industrials are looking at clean energy for process heat or hydrogen ammonia. And now there's the big push on energy consumption for data centers and AI. Where I think near-term we could come from is the project we mentioned in RoPower. I'm hopeful that in April, we've pretty much, Florida is the prime on this with the subcontractor. Florida is operated under a limited notice to proceed. We're in the final negotiations of our limited notice to proceed, as well as our technology licensing agreement. So the timeline right now hopefully is by early April, we'll be doing a signing ceremony to kick off this project.

So that one could be first out of the chute or again as I said before, I don't want to set an early expectation, but our project with Standard Power still continues to proceed. So, and then I will say I've never seen anything like it. This whole data center, AI, with some of the Tier 1 alphas in that industry, they need energy. And we're in discussions with not only Tier 1, but others. So it's a timing's everything, but we're just seeing the market continue to build.

Best of luck with your investments!

[GoldRu$$H]

Nuclear power will be part of a diversified power supply grid, along with traditional turbine generators as well as wind and solar. The only way to quickly phase from fossil fuel and meet increased demand for energy.

https://www.nytimes.com/interactive/2024/03/13/climate/electric-power-climate-change.html

[GoldRu$$H]

https://www.benzinga.com/insights/earnings/24/03/37664192/nuscale-powers-earnings-a-preview

[GoldRu$$H]

https://www.msn.com/en-us/money/markets/global-nuclear-smr-project-pipeline-jumps-65-since-2021-wood-mackenzie-says/ar-BB1jIlpj

[Monksdream]

SMR chart

[GoldRu$$H]

Thanks for the reminder.

Good luck.

[H2R]

CC Thursday March 14, 2024, at 5:00 p.m. ET.

PORTLAND, Ore., February 15, 2024--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review fourth quarter and full year 2023 results on Thursday, March 14, 2024, at 5:00 p.m. ET. Financial results will be released after market close that day.

The conference call may be accessed by dialing [phone] with conference ID 4347254 or by visiting the Events & Presentations page of the company’s website.

A replay of the webcast will be available for 30 days.

Best of luck with your investments!

[GoldRu$$H]

NuScale Power CEO John L. Hopkins has impressive career experience, and seems a formidable force of intelligence, drive and influence.

https://www.nuscalepower.com/en/about/leadership
https://www.uschamber.com/about/governance/board-of-directors

#27 on US Chamber of Commerce list of Board of Directors
John L. Hopkins
Chairman and Chief Executive Officer
NuScale Power Corporation
Portland, OR

& Past Chair

https://www.uschamber.com/about/governance

John L. Hopkins is President and Chief Executive Officer of NuScale Power Corporation and has served as a member of the board of directors since December 2012. He also served as NuScale LLC's Executive Chairman from December 2012 to December 2021. In addition, Mr. Hopkins serves on the U.S. Chamber of Commerce Board of Directors in Washington, D.C., and served as the Chairman from June 2016 to June 2017.

Mr. Hopkins started his career at Fluor Corporation in 1989, held numerous leadership positions in both global operations and business development and served as a corporate officer from 1999 until 2012. Mr. Hopkins is active in a variety of professional and business organizations, and currently serves on the Executive Committee, Audit Committee and Compensation Committee of the United States Chamber of Commerce, Washington, D.C. and is a member of the Nuclear Energy Institute Executive Committee and Energy Task Force Member, Atlantic Council and the International Atomic Energy Agency’s Group of Vienna.

Mr. Hopkins has previously served with the U.S. Department of Energy’s Nuclear Energy Advisory Committee, was a Senior Energy Policy Advisor of I Squared Capital, New York, and has also served as the Senior Executive Member of both the Fluor Netherlands and Fluor United Kingdom board of directors, Chairman of the Board for Savannah River Nuclear Solutions, LLC and as a Director of the Business Council for International Understanding.

Mr. Hopkins holds a Bachelor of Business Administration degree in finance from the University of Texas at Austin. He also completed advanced management programs at the University of California, Irvine, Thunderbird University’s international management program.

[GoldRu$$H]

https://www.washingtonpost.com/business/2024/03/07/ai-data-centers-power/

[GoldRu$$H]

It looks like US Congressional lawmakers are looking to address the regulatory expenses in getting an advanced nuclear reactor project like Small Modular Reactors to completion. This is good news for NuScale Power (SMR) and why we are seeing increased interest and volume.


https://www.deseret.com/2024/02/29/curtis-congress-advanced-nuclear-projects/

Rep. John Curtis, R-Utah, said the reforms are badly needed and testified in favor of the bill, which included components of some financial provisions he authored.

“The Advanced Nuclear Reactor Prize Act would authorize the secretary of energy to make targeted awards to cover fees assessed by the Nuclear Regulatory Commission for first technologies that are licensed and made operational in five unique categories. Awards under the bill cannot exceed total amounts expended by the eligible entity excluding other federal support,” he said.

Curtis added in a release that, “The costs and red tape associated with our permitting process are proving to be duplicative and ineffective. We need innovation in the nuclear space to ensure affordable, reliable and clean energy in our future and Congress must do more to ensure that can happen.”

The bill passed under suspension of the body’s rules.

Curtis is uniquely acquainted with the long process it takes to get an advanced nuclear project to fruition. His district includes municipal power producers that were part of the Carbon Free Power Project by NuScale and the Utah Associated Municipal Power Systems.

[GoldRu$$H]

Volume up over the last two days and a buy rating with share price target of $4.25.

https://www.marketbeat.com/instant-alerts/nyse-smr-volume-advance-2024-03-05/

[GoldRu$$H]

Good sign for the industry. Here's to the old adage, "any publicity is good publicity."

https://www.nytimes.com/2024/03/01/climate/nuclear-power-legislation-congress.html

[Oleblue]

Looks like the price is trying to put in a bottom.

Weekly Chart

[mick]

https://www.otcmarkets.com/stock/SMR

[mick]

yes, thank you, happy new year , 2024

[RJ Trotts]

Hoping 2024 brings some excitement around here for us investors. Best of luck in all you invest in.

[mick]

SMR
NuScale Power Corporation
3.40
0.03 (0.89%)
Volume: 322,773
Day Range: 3.355 - 3.48
Last Trade Time: 10:41:28 AM EST
Total Trades: 2,220

[doinit]

someone needs to light up this board

[doinit]

SMR,,,why is this board so quiet ??? at 3.36 p/share

[H2R]

Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Agree to Terminate the Carbon Free Power Project (CFPP)

Am I reading this right? ouch.

Despite significant efforts by both parties to advance the CFPP, it appears unlikely that the project will have enough subscription to continue toward deployment. Therefore, UAMPS and NuScale have mutually determined that ending the project is the most prudent decision for both parties.

"Through our work with UAMPS and our partnership with the U.S. Department of Energy, we have advanced our NuScale Power Modules™ to the point that utilities, governments and industrials can rely on a proven small modular reactor (SMR) technology that has regulatory approval and is in active production. Our work with CFPP over the past ten years has advanced NuScale technology to the stage of commercial deployment; reaching that milestone is a tremendous success which we will continue to build on with future customers," said NuScale President and Chief Executive Officer John Hopkins. "NuScale will continue with our other domestic and international customers to bring our American SMR technology to market and grow the U.S. nuclear manufacturing base, creating jobs across the U.S. We thank UAMPS for the collaboration that has enabled this advancement."

"This decision is very disappointing given the years of pioneering hard work put into the CFPP by UAMPS, CFPP LLC, NuScale, U.S. Department of Energy, and the UAMPS member communities that took the leadership role to launch the CFPP," said UAMPS Chief Executive Officer and General Manager Mason Baker. "Yet, this decision is the best course for the UAMPS members participating in the CFPP and doing what is best for those member communities will always be the guiding light in such decisions. We have learned many invaluable lessons during the development of the CFPP that we will carry forward in future development work to meet the future energy needs of the UAMPS member communities. We look forward to continuing to provide innovative and cost-effective new resource solutions to our members, and, at the same time, we hope NuScale is successful in deploying its technology."

[mick]

https://www.otcmarkets.com/stock/SMR

[mick]

SMR | NuScale Power Corporation
Industrials | Specialty Industrial Machinery | USA | NYSE

https://interactive.nuscalepower.com/nuscale-entra1-partnership/p/1?utm_source=nuscalepower.com&utm_medium=home_carousel

[mick]

oil & natural gas ????? NUSCALE is here

https://secretenergygrid.com/elon-b?_ef_transaction_id=&affid=46&oid=32&source_id=mbu4252553&sub5=te4678

[mick]

https://www.nuscalepower.com/en/news/press-releases/2023/standard-power-chooses-nuscales-approved-smr-technology-and-entra1-energy-to-energize-data-centers

[mick]

recent news gives approval to do business

[mick]

just getting intro here, interesting $SMR

[mick]

SMR
NuScale Power Corporation
3.22
-0.32 (-9.04%)
Volume: 1,951,655
Day Range: 3.185 - 3.63
Last Trade Time: 7:59:58 PM EDT

[igotthemojo]

so whats the deal?...dilution?

[H2R]

Data Centers in Ohio and Pennsylvania
https://www.powermag.com/nuscale-gets-a-win-with-smrs-for-data-centers-in-ohio-and-pennsylvania/

Standard Power, a provider of infrastructure as a service to advanced data processing companies, has chosen NuScale Power’s small modular reactor (SMR) technology to power two facilities it plans to develop—one in Ohio and the other in Pennsylvania. ENTRA1 Energy, an independent global energy development and production company, will support Standard Power’s two projects.

Best of luck with your investments!

[joe_techi]

NuScale Power to Host Analyst Day on October 6, 2023
https://www.nuscalepower.com/en/news/press-releases/2023/nuscale-power-to-host-analyst-day-on-october-6-2023

[Brokemillwright]

Starter position at $4.51

[DubDown]

Why is this turd falling so hard today?