NRC approves GE Vernova reactor construction, not NuScale Power design
GEV GE Vernova Inc
$997.09 -3.12%
View chart & analysis → - 1The Nuclear Regulatory Commission approved the construction of the Tennessee Valley Authority's 300-megawatt BWRX-300 reactor.
- 2NuScale Power holds the only small modular reactor design certification from the Nuclear Regulatory Commission.
- 3NuScale Power shares are currently trading at approximately $8, representing a decline of about 86% from its price of $57.42 one year ago.
So what's the key point?
The Nuclear Regulatory Commission has authorized the construction of a GE Vernova reactor. While NuScale Power holds the only design certification, its stock price has fallen to $8.
Source The Motley Fool +1 · View original ↗
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