Today, the U.S. Nuclear Regulatory Commission (NRC) announced that it will begin the technical review of NuScale Power Corporation’s (NYSE: SMR) second Standard Design Approval (SDA) application. NuScale, the industry-leading provider of innovative advanced nuclear small modular nuclear reactor (SMR) technology, submitted the application in late 2022, which is based on the VOYGRTM-6 (6-module) power plant configuration powered by an uprated 250 MWt (77 MWe) SMR design. The design reflected in this application features the same fundamental safety case and passive safety features approved by the NRC in 2020, with a focus on the power uprate and select design changes to support customers’ capac(…) Read More »