NuScale Wins US Approval for Small Nuclear Reactor Design (1)

NuScale Power Corp., the only company with US approval for a small nuclear reactor, has now won regulatory support for a second design that may go into service by the end of the decade.

The US Nuclear Regulatory Commission formally authorized the company’s 77-megawatt reactor design, according to a statement Thursday. NuScale won similar approval in 2020 for a smaller, 60-megawatt version of the reactor, a first for the industry.

Global interest in nuclear energy has climbed as companies and governments clamor for clean electricity that’s available around the clock to power data centers and factories. NuScale and its ...