NuScale Power Rallies 5% as U.S. Plans 400 GW Nuclear Expansion
SMR•NuScale Power shares jumped about 5%, while Oklo and Nano Nuclear Energy climbed roughly 2% after EPA head Lee Zeldin praised small modular reactors. An executive order mandates streamlined NRC licensing with fixed deadlines and sets a goal to quadruple U.S. nuclear capacity to 400 GW by 2050.
1. Market Reaction
NuScale Power shares surged roughly 5% in pre-market trading, while Oklo and Nano Nuclear Energy each advanced about 2%, as investor sentiment turned bullish on small modular reactor developers following high-level endorsements.
2. Executive Order Details
The recent executive order directs the Nuclear Regulatory Commission to streamline licensing processes, impose fixed approval deadlines and reduce procedural barriers, all aimed at accelerating deployment of new small modular and microreactors.
3. Industry Implications
By targeting a fourfold increase in U.S. nuclear capacity to 400 GW by 2050, policymakers aim to cement nuclear power’s role in meeting rising baseload demand from data centers and AI workloads, boosting prospects for SMR technology providers.
