Romania to Fast-Track Plans for NuScale Small Nuclear Reactor

GALWAY, IRELAND--March 26, 2024--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Romania's state-owned energy company Nuclearelectrica is expected to make a preliminary final investment decision next year on installing its first small modular reactor (SMR) using technology from NuScale Power Corporation (NYSE:SMR) (Portland, Oregon).

Within this article: Details possible early investment decision by Romania for NuScale's small nuclear reactor technology, current state of project, potential U.S. investment support, failure of NuScale's first project