Mentioned:
Could small modular reactors change the future of clean water and hydrogen production? That’s exactly what NuScale Power is betting on.
What’s happening:
- NuScale Power (NYSE: SMR) has officially announced new research programs that are aiming to use their small modular reactor technology for the production of both clean water and hydrogen
Why it matters:
- NuScale Power has publicly stated that one individual NuScale Power Module is capable of producing 150M gallons of clean water per day without producing any carbon emissions whatsoever
Going deeper:
- The United States Department of Energy’s Pacific Northwest National Laboratory and NuScale Power are partnering up to advance research around both clean water production and hydrogen production through NuScale Power’s existing small modular reactor designs
- NuScale Power also just recently made major waves when they were granted a new regulatory approval for the design of their new, larger sized small modular reactors from the United States Nuclear Regulatory Commission and becoming the only company in American history to win multiple design approvals for small modular reactors
