NuScale Power (SMR)

[H2R]

NRC is amending its regulations to certify the NuScale standard design for a small modular reactor.

https://www.federalregister.gov/documents/2023/01/19/2023-00729/nuscale-small-modular-reactor-design-certification

I assume this is for the 50 MWe (not the 77).

NuScale is the first small modular reactor design reviewed by the NRC. NuScale is based on a small light water reactor developed at Oregon State University in the early 2000s. It consists of one or more NuScale power modules (hereafter referred to as power module(s)).

A power module is a natural circulation light water reactor composed of a reactor core, a pressurizer, and two helical coil steam generators located in a common reactor pressure vessel that is housed in a compact cylindrical steel containment. The NuScale reactor building is designed to hold up to 12 power modules. Each power module has a rated thermal output of 160 megawatt thermal (MWt) and electrical output of 50 megawatt electric (MWe), yielding a total capacity of 600 MWe for 12 power modules.

All the NuScale power modules are partially submerged in a common safety-related pool, which is also the ultimate heat sink for up to 12 power modules. The pool portion of the reactor building is located below grade. The design utilizes several first-of-a-kind approaches for accomplishing key safety functions, resulting in no need for Class 1E safety-related power (no emergency diesel generators), no need for pumps to inject water into the core for post-accident coolant injection, and reduced need for control room staffing while providing safe operation of the plant during normal and post-accident operation.

I think this is the final step of this application:
https://www.nrc.gov/reactors/new-reactors/smr/licensing-activities/nuscale.html

It's not the application submitted Jan 1, 2023. I find it a bit confusing.

https://www.nuscalepower.com/en/news/press-releases/2023/nuscale-builds-upon-unparalleled-licensing-progress-with-second-standard-design-approval

Best of luck with your investments!