NuScale Power's Breakthrough in Data Center Energy Solutions with SMRs
Portland, Monday, 16 June 2025.
NuScale Power has secured major partnerships to utilize its Small Modular Reactor technology in data centers, promising reliable, zero-emission energy amid rising tech demands.
NuScale’s Strategic Partnerships in Energy Transition
NuScale Power, listed under the ticker symbol SMR on the New York Stock Exchange, has taken a groundbreaking step in the energy sector by partnering with leading data center companies to implement its Small Modular Reactor (SMR) technology. This collaboration signifies a pivotal moment as the demand for sustainable and reliable energy solutions continues to surge, particularly within the technology sector, which is increasingly driven by artificial intelligence (AI) and other data-intensive applications [1][5].
Implications of SMR Technology
The deployment of SMR technology in data centers presents an opportunity to drastically reduce carbon footprints while ensuring a dependable energy supply. NuScale’s SMRs, designed to deliver 77 megawatts of zero-emission energy, fit perfectly into the energy-hungry landscape of modern data centers. These reactors offer a scalable solution and have already been endorsed by the U.S. Nuclear Regulatory Commission, further accelerating their adoption [2][5].
Financial Market Response
NuScale Power’s stock has experienced a significant increase, reaching an all-time high of 45.31 USD as of midday trading on June 16, 2025. This surge reflects strong market confidence in the company’s approach and its potential to revolutionize energy sourcing for data centers. Over the past year, NuScale’s stock price has increased by 364%, underscoring both investor enthusiasm and the strategic importance of its technological innovations [3][4].
Future Outlook and Industry Impact
Looking ahead, the potential for SMRs to dominate the energy landscape is substantial, especially as global data center energy demand is projected to triple by 2030. NuScale’s partnerships with key industry players like Standard Power and ENTRA1 Energy aim to establish SMR-powered data hubs in Ohio and Pennsylvania, targeting a 2-gigawatt capacity by 2029. This trend aligns with broader energy policies, such as those under the Biden administration, which encourage innovation in nuclear technology [5][6].