What a $1,000 Investment in NuScale Power Could Be Worth by September 2027
NuScale could be a fit for some portfolios, but there are a few details worth keeping in mind.
Overview
In 2020, data centers only consumed 2% of the electricity in the United States. By 2028, it's forecast to jump to 12% of all electricity consumption. As traditional grids struggle to keep up with this rising demand and communities worry that new data centers in their areas will lead to higher electricity bills, additional power sources are being explored.
Nuclear energy is one of these sources, especially a new wave of small modular reactors (SMRs), to help meet demand while also providing added energy security within the United States.
Details
One of the companies racing to develop SMRs is NuScale Power (NYSE: SMR). The company is getting added attention (which is good), but its stock is trading down almost 45% so far in 2026 (which is not so good). Forecasts suggest more favorable results over the next year, but caution is still warranted. Here's why.
Source
Originally published at www.fool.com.