The founders of NuScale Power were motivated by a mission to address global energy challenges through innovative nuclear technology. Their vision is to provide scalable, safe, and clean energy solutions that can support decarbonization and energy security worldwide.

Motivations

1. Addressing Climate Change:

  • NuScale's founders aimed to make nuclear energy more accessible and safer, recognizing its potential as a reliable, carbon-free power source to combat climate change.
  • By focusing on Small Modular Reactor (SMR) technology, they sought to overcome the challenges of large-scale nuclear plants, such as high costs and long construction timelines.

2. Advancing Energy Innovation:

  • Their passion for advancing energy technology led them to develop a reactor design that emphasizes modularity, efficiency, and safety. The ability to scale reactors for various energy needs reflects their commitment to innovation.

3. Solving Energy Security Issues:

  • The founders recognized the growing need for reliable energy sources in a world shifting away from fossil fuels. By developing reactors capable of being deployed in remote locations or integrated with grids, they sought to enhance energy accessibility globally.

Vision for the Company

NuScale's vision centers on becoming a leader in the global energy transition by leveraging their groundbreaking SMR technology to:


1. Deliver Carbon-Free Energy Solutions:

  • NuScale aims to replace traditional fossil fuel-based power plants and support industrial applications like hydrogen production and desalination.

2. Promote Energy Flexibility and Accessibility:

  • Their modular design allows for deployment across diverse markets, from small communities to industrial hubs, ensuring energy is scalable to meet specific demands.

3. Expand Global Reach:

  • With partnerships in Europe, Asia, and the U.S., NuScale envisions establishing SMRs as a cornerstone of the global clean energy infrastructure.

Founders' Legacy

While the founders have transitioned roles as NuScale evolved, their vision remains embedded in the company's strategy to be at the forefront of clean energy innovation and global sustainability efforts. They were pioneers in rethinking nuclear energy's role in the 21st century, combining scientific rigor with a commitment to societal impact.

About SMR

NuScale Power Corporation is a provider of proprietary advanced small modular reactor nuclear technology. The Company’s groundbreaking SMR technology is powered by the NuScale Power Module, a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross) and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output. It serves diverse customers across the world by supplying nuclear energy for electrical generation, district heating, desalination, commercial-scale hydrogen production, and other process heat applications. In addition to its flagship 12-module (924 MWe) VOYGR-12TM power plant, it offers smaller power plant solutions, including the six-module (462 MWe) VOYGR-6TM and the four-module (308 MWe) VOYGR-4TM. It offers VOYGR power plant designs for three facility sizes that are scalable in that they are capable of housing from one to four, six or 12 NPMs.

More About SMR

Next Possible Winners

IONQLEUNNEQBTSRGTISERVSMCISMRTASKTLNUEC