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CORVALLIS, Ore. - NuScale Power Corporation (NYSE: SMR), a nuclear technology company currently valued at $11.16 billion, announced research programs focused on an integrated energy system that addresses water scarcity while providing an energy-efficient method for hydrogen production, according to a company press release. The company, which has seen its stock surge over 300% in the past year according to InvestingPro data, continues to demonstrate strong innovation potential in the clean energy sector.
The company reports that a single NuScale Power Module coupled with reverse osmosis desalination technology could produce approximately 150 million gallons of clean water daily without carbon emissions. A configuration of 12 modules could potentially provide desalinated water for 2.3 million residents while generating enough surplus power for 400,000 homes. This innovative approach has helped NuScale maintain impressive gross profit margins of 78.44%, as reported in InvestingPro’s latest financial analysis.
To address the environmental challenge of brine waste from desalination, NuScale partnered with the Pacific Northwest National Laboratory to develop a method for hydrogen production using leftover brine as industrial feedstock. The company claims its hydro-thermal chemical decomposition approach reduces energy and water usage compared to traditional electrolysis methods.
"What we have found is a win-win-win aimed at addressing water scarcity, brine remediation, and hydrogen production," said Dr. José Reyes, Co-Founder and Chief Technology Officer of NuScale Power.
The company has developed an Integrated Energy System simulator at its headquarters in Corvallis that enables dynamic evaluation of different configurations for commercial-scale industrial applications requiring over 200 metric tons of hydrogen daily.
NuScale Power, founded in 2007, provides small modular reactor nuclear technology and was the first company to have its SMR designs certified by the U.S. Nuclear Regulatory Commission. Each NuScale Power Module can generate 77 megawatts of electricity or 250 megawatts thermal.
The research findings were presented at the World Petrochemical Conference in March 2025.
In other recent news, Oklo has reported significant advancements in its nuclear projects, highlighted by its first-quarter 2025 results presentation. The company has completed its drilling campaign at the Idaho National Laboratory site and secured key agreements with the Department of Energy and the laboratory itself. Following these developments, Seaport Global Securities upgraded Oklo’s stock to a Buy rating with a price target of $71. Additionally, Oklo is preparing for the submission of licensing applications for its Aurora microreactor, aiming to commence operations by late 2027 or early 2028.
NuScale Power Corporation has also made strides with the opening of the largest Energy Exploration Center in partnership with George Mason University. This initiative is part of a broader effort to advance nuclear science education and workforce development in Virginia. Moreover, NuScale received design approval from the U.S. Nuclear Regulatory Commission for its enhanced small modular reactor technology, marking a significant milestone for the company. Goldman Sachs maintained a Neutral rating on NuScale with a $27 price target, acknowledging the approval as a positive development.
The Senate panel’s proposal to extend tax credits for nuclear energy until 2036 further supports these companies, potentially reshaping investment priorities in the energy sector. This legislative move contrasts with the planned phase-out of solar power tax credits by 2028, highlighting a shift in policy focus. These developments indicate a favorable regulatory environment for nuclear power companies, which may influence future investment decisions.
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