NuScale Power Targets Data Centers with Scalable SMR Tech in Q2 2025 Earnings

Mention of Data Centers in NuScale Power Corporation's Q2 2025 Earnings Transcript

• NuScale Power Corporation explicitly references data centers multiple times as a significant market opportunity for their small modular reactor (SMR) technology.

• The company highlights the energy demands of hyperscalers' data centers as a major driver for their scalable nuclear power modules. They describe data centers as the "big gorilla in the room" due to their substantial and growing thirst for energy.

• NuScale emphasizes the scalability of their units, noting that with 12 modules online, they can provide nearly a gigawatt of power, which is attractive for data centers requiring reliable, continuous energy.

• The company also points out that their SMR technology offers uninterruptible carbon-free baseload power tailored to meet the energy demands of advanced data centers and sophisticated artificial intelligence systems.

• Their business model involves selling NuScale power modules to their developer partner ENTRA1, which then develops and operates the plants that supply power to customers including hyperscalers with data centers.

• The transcript indicates ongoing discussions and negotiations with utilities and hyperscalers, aiming to bring these large energy consumers, including data centers, onto NuScale-powered facilities.

Summary

NuScale Power Corporation clearly identifies data centers, especially those operated by hyperscalers, as a key target market for their SMR technology due to the high and reliable energy demand. Their modular, scalable nuclear power solution is positioned as a clean, reliable energy source to support the growth and operational needs of these data centers.